Tranche E Term Loan Effective Date definition

Tranche E Term Loan Effective Date means the date on which the conditions specified in Article IV are satisfied (or waived by the Majority Tranche E Term Loan Lenders).
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Tranche E Term Loan Effective Date means the date on which the conditions specified in Article IV are satisfied (or waived by the Majority Tranche E Term Loan Lenders). “Tranche E Term Loan” shall mean a Loan made on the Tranche E Term Loan Effective Date pursuant to this Agreement which shall constitute a single Series of Incremental Facility Term Loans under Section 2.01(e) of the Amendment and Restatement. “Tranche E Term Loan Lender” shall mean (a) on the date hereof, a Lender having Tranche E Term Loan Commitments that has executed and delivered a Lender Addendum and (b) thereafter, the Lenders from time to time holding Tranche E Term Loan Commitments or Tranche E Term Loans after giving effect to any assignments thereof pursuant to Section 11.06 of the Amendment and Restatement. “Tranche E Term Loan Maturity Date” shall mean January 3, 2016. ARTICLE II TRANCHE E TERM LOANS Section 2.01. Commitments. Subject to the terms and conditions set forth herein and in the Amendment and Restatement, each Tranche E Term Loan Lender agrees to make Tranche E Term Loans to the Borrowers in Dollars, in an aggregate principal amount equal to such Tranche E Term Loan Lender’s Tranche E Term Loan Commitment on the Tranche E Term Loan Effective Date. The proceeds of the Tranche E Term Loans shall be available for the repayment of Revolving Credit Loans (but without any reduction in the Revolving Credit Commitments), the payment of fees and expenses related thereto and the general business purposes of the Borrowers. Section 2.02. Termination of Commitments. Unless previously terminated, the Tranche E Term Loan Commitments shall terminate after the Borrowing of the Tranche E Term Loans on the Tranche E Term Loan Effective Date. Section 2.03. Repayment of Loans. The Borrowers hereby jointly and severally unconditionally promise to pay to the Administrative Agent for the account of the Tranche E Term Loan Lenders the principal of the Tranche E Term Loans held by such Tranche E Term Loan Lender on each Principal Payment Date set forth in column (A) below, by an amount equal to the percentage of the aggregate principal amount of the Tranche E Term Loans borrowed on the Tranche E Term Loan Effective Date set forth in column (B) below:
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Examples of Tranche E Term Loan Effective Date in a sentence

  • Unless previously terminated, the Tranche E Term Loan Commitments shall terminate after the Borrowing of the Tranche E Term Loans on the Tranche E Term Loan Effective Date.

  • Subject to the terms and conditions set forth herein and in the Credit Agreement, each Tranche E Term Loan Lender agrees to make Tranche E Term Loans to the Borrower (or, as provided below, to convert Tranche B Term Loans, Tranche C Terms Loans or Tranche D Term Loans into Tranche E Term Loans) on the Tranche E Term Loan Effective Date in an aggregate principal amount equal to such Tranche E Term Loan Lender’s Tranche E Term Loan Commitment.

  • The Administrative Agent shall have received a favorable written legal opinion (addressed to each Agent and the Tranche E Term Loan Lenders and dated the Tranche E Term Loan Effective Date) of Special Counsel, substantially in the form of Annex 2 (and each Agent hereby requests such counsel to deliver such opinion).

  • The Administrative Agent shall have received an opinion, dated the Tranche E Term Loan Effective Date, of ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ LLP, counsel to the Obligors, covering such matters as the Administrative Agent or any Tranche E Term Loan Lender may reasonably request (and the Borrowers hereby instruct counsel to deliver such opinion to the Tranche E Term Loan Lenders and the Administrative Agent).

  • The Administrative Agent (or Special Counsel) shall have received a favorable written opinion (addressed to each Agent and the Tranche E Term Loan Lenders and dated the Tranche E Term Loan Effective Date) of J▇▇▇▇ Day, counsel to the Credit Parties, covering such matters relating to the Credit Parties or this Agreement as either Agent shall request (and each Credit Party hereby requests such counsel to deliver such opinion).

  • Subject to the terms and conditions set forth herein and in the Amendment and Restatement, each Tranche E Term Loan Lender agrees to make Tranche E Term Loans to the Borrowers in Dollars, in an aggregate principal amount equal to such Tranche E Term Loan Lender’s Tranche E Term Loan Commitment on the Tranche E Term Loan Effective Date.

  • Such Upfront Fee will be in all respects fully earned, due and payable on the Tranche E Term Loan Effective Date and non-refundable and non-creditable thereafter.