Initial Advances Following the Sixth Restatement Effective Date Sample Clauses

Initial Advances Following the Sixth Restatement Effective Date. Notwithstanding anything herein or in any other Series 2013-A Related Document to the contrary, and without any further notice to any party, on February 24, 2020, (i) each Class A Investor Group with respect to which the entity listed on Schedule VIII is a Class A Committed Note Purchaser shall pay or cause to paid, in accordance with Section 2.2(a), to HVF II the amount specified opposite such Class A Committed Note Purchaser on Schedule VIII as if such specified amount was a Class A Advance, (ii) each Class B Investor Group with respect to which the entity listed on Schedule VIII is a Class B Committed Note Purchaser shall pay or cause to paid, in accordance with Section 2.2(b), to HVF II the amount specified opposite such Class B Committed Note Purchaser on Schedule VIII as if such specified amount was a Class B Advance, (iii) each Class C Investor Group with respect to which the entity listed on Schedule VIII is a Class C Committed Note Purchaser shall pay or cause to paid, in accordance with Section 2.2(c), to HVF II the amount specified opposite such Class C Committed Note Purchaser on Schedule VIII as if such specified amount was a Class C Advance and (iv) the Class RR Committed Note Purchaser shall pay or cause to paid, in accordance with Section 2.2(e), to HVF II the amount specified opposite the Class RR Committed Note Purchaser on Schedule VIII as if such specified amount was a Class RR Advance.
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Related to Initial Advances Following the Sixth Restatement Effective Date

  • After the Agreement Effective Date After the Agreement Effective Date, the Trust will furnish to Ultimus any amendments to the items listed in Section 14.1.

  • Restatement Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Amendment Effective Date This Amendment shall become effective as of the first date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied:

  • Prior to the Agreement Effective Date Prior to the Agreement Effective Date, the Trust will furnish to Ultimus the following:

  • Agreement Effective Date This Agreement shall become effective and binding upon each Party immediately following the occurrence of the following conditions (the “Agreement Effective Date”):

  • Effect; Effective Date Upon (i) delivery to the Administrative Agent of a notice of assignment, substantially in the form attached as Exhibit “I” to Exhibit G hereto (a “Notice of Assignment”), together with any consents required by Section 12.3(i), and (ii) payment of a $3,500 fee by the assignor or assignee to the Administrative Agent for processing such assignment, such assignment shall become effective on the effective date specified in such Notice of Assignment. The Notice of Assignment shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Loans under the applicable assignment agreement are “plan assets” as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be “plan assets” under ERISA. On and after the effective date of such assignment, such Purchaser shall for all purposes be a Lender party to the Agreement and any other Loan Document executed by the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party hereto, and no further consent or action by the Borrower, the Lenders or the Administrative Agent shall be required to release the transferor Lender, and the transferor Lender shall automatically be released on the effective date of such assignment, with respect to the percentage of the Aggregate Commitment and Loans assigned to such Purchaser. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3(ii), the transferor Lender, the Administrative Agent and the Borrower shall make appropriate arrangements so that replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting its Commitment, as adjusted pursuant to such assignment.

  • Conditions Precedent to the Effective Date The occurrence of the Effective Date pursuant to Section 13.10 is subject to the satisfaction of the following conditions:

  • The Effective Date The Merger shall become effective on the date and at the time (the “Effective Date”) that:

  • Conditions to the Effective Date The obligation of each Lender to amend and restated the Existing Credit Agreement and continue the Loans hereunder on the Effective Date is subject to satisfaction or waiver in writing by the Lenders of the following conditions precedent:

  • Conditions Subsequent to the Initial Extension of Credit The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of each of the conditions subsequent set forth below (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default):

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