Examples of Exchange Closing in a sentence
On or prior to the Exchange Closing Day, (i) each Existing Series A Holder shall have received payment in cash of all accrued and unpaid interest on the Existing Series A Note(s) held by it to the Exchange Closing Day and (ii) each Existing Series B Holder shall have received payment in cash of all accrued and unpaid interest on the Existing Series B Note(s) held by it to the Exchange Closing Day.
As of the Exchange Closing Day, (i) each Restricted Subsidiary has been designated as, or constitutes, a Restricted Subsidiary under the Credit Agreement and (ii) each Unrestricted Subsidiary has been designated as, or constitutes, an Unrestricted Subsidiary under the Credit Agreement.
As of the Exchange Closing Day, no Subsidiary of the Company is an obligor, co-obligor, borrower or co-borrower under, or is obligated under a Guaranty Obligation with respect to, any Indebtedness under any Material Debt Facility.
Schedule 8A(1) sets forth a complete and accurate list as of the Exchange Closing Day of all Restricted Subsidiaries and Unrestricted Subsidiaries of the Company.
The Issuer will pay to each Purchaser in immediately available funds a fee (the “Draw Fee”) on each Closing Day (other than, for the avoidance of doubt, with respect to any Notes issued on the Exchange Closing Day) in an amount equal to 0.10% of the aggregate principal amount of Shelf Notes sold to such Purchaser on such Closing Day.