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has requested same in writing at least three (3) Business Days prior to the Effective Date, the appropriate Notes executed by the Borrower.", "size": 2, "hash": "a5d35c03792bb14a45bb9ed14a0fcf0f", "id": 5}, {"snippet_links": [{"key": "the-word", "type": "definition", "offset": [107, 115]}], "samples": [{"hash": "9xNOFfg2tln", "uri": "/contracts/9xNOFfg2tln#effective-date-notes", "label": "Loan Participation Agreement", "score": 31.8190917969, "published": true}], "snippet": "2. At 86 FR 59288, Oct. 27, 2021, \u00a7 701.23 was amended in para- graph (b)(2) introductory text by removing the word \u2018\u2018CAMEL\u2019\u2019 and adding in its place the word \u2018\u2018CAMELS\u2019\u2019, effective Apr. 1, 2022.", "size": 2, "hash": "c2c0f9ebb572676bb84d6bb9c2033ed4", "id": 6}, {"snippet_links": [{"key": "the-effective-date", "type": "clause", "offset": [4, 22]}, {"key": "the-administrative-agent", "type": "clause", "offset": [138, 162]}, {"key": "the-account", "type": "clause", "offset": [167, 178]}, {"key": "the-banks", "type": "clause", "offset": [190, 199]}, {"key": "revolving-note", "type": "clause", "offset": [216, 230]}, {"key": "by-the-borrower", "type": "clause", "offset": [240, 255]}, {"key": "swingline-bank", "type": "definition", "offset": [267, 281]}, {"key": "swingline-note", "type": "clause", "offset": [287, 301]}, {"key": "each-case", "type": "definition", "offset": [331, 340]}], "samples": [{"hash": "hXnaF2qLpIR", "uri": "/contracts/hXnaF2qLpIR#effective-date-notes", "label": "Credit Agreement (Extended Stay America Inc)", "score": 18.0, "published": true}], "snippet": "(i) The Effective Date shall have occurred --------------------- as provided in Section 13.10 and (ii) there shall have been delivered to the Administrative Agent for the account of each of the Banks the appropriate Revolving Note executed by the Borrower and to the Swingline Bank, the Swingline Note executed by the Borrower, in each case in the amount, maturity and as otherwise provided herein.", "size": 2, "hash": "49b0ab7101de01673d1705b4993482da", "id": 7}, {"snippet_links": [{"key": "prior-to-the-effective-date", "type": "clause", "offset": [6, 33]}, {"key": "the-administrative-agent", "type": "clause", "offset": [52, 76]}, {"key": "each-of-the-lenders", "type": "clause", "offset": [81, 100]}, {"key": "parties-hereto", "type": "definition", "offset": [119, 133]}, {"key": "in-the-case", "type": "clause", "offset": [284, 295]}, 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Administrative Agent telephonic (confirmed in writing), written or facsimile notice (actually received) at such office that the same has been signed and mailed to it and (ii) if requested by a Lender, there shall have been delivered to the Administrative Agent, for the account of such Lender, the appropriate Note for such Lender executed by the Borrower, in each case in the amount, maturity and as otherwise provided herein.", "size": 1, "hash": "c86f2f300d3fbdd50f2f9a27f56327f4", "id": 8}, {"snippet_links": [{"key": "borrowing-date", "type": "definition", "offset": [7, 21]}, {"key": "the-effective-date", "type": "clause", "offset": [26, 44]}, {"key": "section-1011", "type": "clause", "offset": [84, 97]}, {"key": "the-account", "type": "clause", "offset": [173, 184]}, {"key": "each-of-the-lenders", "type": "clause", "offset": [188, 207]}, {"key": "by-the-borrower", "type": "clause", "offset": [268, 283]}, {"key": "agent-shall", "type": "definition", "offset": [408, 419]}, {"key": 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1335]}], "samples": [{"hash": "fgBls1GWfM5", "uri": "/contracts/fgBls1GWfM5#effective-date-notes", "label": "Credit Agreement (Altisource Portfolio Solutions S.A.)", "score": 23.5941143036, "published": true}], "snippet": "On the Borrowing Date (i) the Effective Date shall have (a) occurred as provided in Section 10.11, and (ii) there shall have been delivered to the Administrative Agent, for the account of each of the Lenders that has requested the same, the appropriate Notes executed by the Borrower, in the amount, maturity and as otherwise provided herein. Officer\u2019s Certificate. On the Borrowing Date, the Administrative Agent shall (b) have received a certificate, dated the Borrowing Date and signed on behalf of the Borrower by an Authorized Officer, certifying on behalf of the Borrower that all of the conditions in Sections 5.01(b) and (c) and 5.02(e) and (f) have been (or with the funding of the Loans on the Borrowing Date will be concurrently) satisfied on such date. Opinions of Counsel. On the Borrowing Date, the Administrative Agent shall (c) have received (i) from Hunton & \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 LLP, special counsel to the Loan Parties, (ii) from \u2587\u2587\u2587\u2587\u2587 \u2587. \u2587\u2587\u2587\u2587\u2587\u2587, general counsel to Holdings and (iii) from \u2587\u2587\u2587\u2587\u2587 Dutilh, special local counsel to Holdings and the Borrower, an opinion in form and substance reasonably satisfactory to the Administrative Agent addressed to the Administrative Agent and the Lenders and dated the Borrowing Date and covering such matters as the Administrative Agent shall reasonably require. 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It typically clarifies whether the terms apply retroactively, from the date of signing, or from another specified date, and may include additional notes or clarifications relevant to the commencement of obligations. This clause ensures all parties are clear about when their rights and responsibilities begin, preventing confusion or disputes regarding the timing of contractual duties."}, "json": true, "cursor": ""}}