Accordion Notice definition

Accordion Notice shall have the meaning ascribed thereto in Section 2.6(a).

Accordion Notice shall have the meaning ascribed to such term in Section 3.10.1.

Accordion Notice has the defined meaning assigned to it in Subsection 2.12.

Examples of Accordion Notice in a sentence

• Within ten Business Days of the receipt by the Agent of an Accordion Notice requesting participation by the Lenders, each Lender shall advise the Agent as to whether or not it intends to participate in such increase of the Credit Facility.

• The DAU is the one institution that touches nearly every member of the Defense Acquisition Workforce (DAW) throughout all professional career stages.

• The Accordion Notice shall include a suggested increase amount (the "Accordion Increase Amount") and Accordion Increase Date and shall be provided to the Agent not less than forty (40) Business Days, or such shorter time period as the Parties may mutually agree, prior to such suggested Accordion Increase Date.

• Within 20 Banking Days of the receipt by the Administrative Agent of an Accordion Notice requesting participation by the Lenders, each Lender shall advise the Administrative Agent as to whether or not it intends to participate in such increase of the Facility A Credit.

• It will be the responsibility of the Borrowers to arrange for Commitments from existing or new Lenders in connection with any increase in the Revolver Facility provided for in an Accordion Notice.

More Definitions of Accordion Notice

Accordion Notice has the meaning given to it in Clause 2.2 (The Accordion Option).

Accordion Notice shall have the meaning ascribed to such term in the 7th ARCA.

Accordion Notice has the defined meaning assigned to it in Subsection 2.2(a).

Accordion Notice shall have the meaning given to that term in clause 9.2 (Accordion Commitments).

Accordion Notice means a notice substantially in the form set out in Schedule 14 (Form of Accordion Notice).

Accordion Notice has the meaning given to it in Section 2.6(a). (4) “Acquisition” means the following: (a) with respect to any Person that is a Designated Subsidiary, the acquisition (whether for cash, property, services, securities or otherwise) of any businesses within the retail automotive and/or recreational vehicle sectors, automotive, recreational vehicle leasing and finance sectors, any dealerships, any automotive body shops, any automotive and/or recreational vehicle service shops, and in each case any ancillary businesses related thereto, in each case, located within Canada or the United States of America or any agreements to make such acquisition. (b) with respect to any Person that is a Non-Designated Subsidiary, the acquisition (whether for cash, property, services, securities or otherwise) of any businesses within the retail automotive and/or recreational vehicle sectors, equipment (including heavy and agricultural equipment) sales and service sector, automotive, equipment and recreational vehicle leasing and finance sectors, any dealerships, any automotive body shops, any automotive and/or recreational vehicle service shops, any motor vehicle registry services, and in each case any ancillary businesses related thereto, in each case, located within Canada or the United States of America or any agreements to make such acquisition. (5) “Administrative Agent” means The Bank of Nova Scotia when acting as administrative agent and any successor administrative agent appointed under Section 13.7. (6) “Administrative Agent’s Account for Payments” means for all payments for and by the Borrowers, the following account maintained by the Administrative Agent at its Toronto main branch, to which payments and transfers are to be effected as follows:

Accordion Notice shall have the meaning ascribed thereto in Subsection 2.6(a). Credit Agreement - Orla