Examples of Twelfth Amendment Effective Date in a sentence
No action or acquiescence by the Agent and the Lenders, including, without limitation, this Agreement of, or the acceptance of any payments under, the Credit Agreement, shall constitute a waiver of any Default or Event of Default that may exist as of the Twelfth Amendment Effective Date, except as otherwise expressly provided herein.
On or as of the Twelfth Amendment Effective Date, the Borrower has furnished to each of the Lenders copies of either its Annual Report for 2018 or a report on Form 8-K, containing in either case, copies of its consolidated balance sheet as of December 31, 2018 and the related statements of consolidated income and changes in shareholders’ equity and cash flows for 2018, all reported on by Ernst & Young LLP, independent public accountants.
Schedule 2.01 to the Credit Agreement shall be replaced in its entirety with Annex I attached hereto, which reflects, as of the Twelfth Amendment Effective Date, the Lenders, the Pro Rata Share and the Committed Sum of each Lender.
The aggregate principal amount of the Aggregate Revolving B Commitments in effect on the Twelfth Amendment Effective Date is FIVE HUNDRED MILLION DOLLARS ($500,000,000).
Within ninety (90) days following the Twelfth Amendment Effective Date (as such time period may be extended by the Administrative Agent in its sole discretion), the Borrowers shall use commercially reasonable efforts to cause each carrier involved in the transportation of Eligible In-Transit Inventory to enter into a freight forwarder agreement with the Collateral Agent in form and substance reasonably satisfactory to the Collateral Agent.