Examples of Amendment Effective Date in a sentence
Prior to the issuance of the building permit for the 1,240th Project residential unit, Developer shall provide an additional Three Hundred Twenty-Five Thousand Dollars ($325,000) for a provider, or partnership of providers, that will use the funds to serve local residents in the Eastlake/Chinatown, Fruitvale and Lower San Antonio neighborhoods, which amount was paid prior to the Third DA Amendment Effective Date.
Effective on and as of the Sixth Amendment Effective Date, the Borrower hereby irrevocably instructs the Administrative Agent to effect the Commitment Reduction pursuant to the terms of Section 2.13 of the Amended Credit Agreement, such that the aggregate Extended 2028 Commitments and Non-Extended 2025 Commitments of the Lenders shall be as set forth on the restated Schedule 1.1-C attached hereto as Exhibit B.
The proceeds of the 2024 Refinancing Term B Loans and 2024 Refinancing Revolving Credit Loans shall be used on the Eighth Amendment Effective Date (i) to consummate the Eighth Amendment Transactions (including payment of Eighth Amendment Transaction Costs) and (ii) for general corporate purposes of the Borrowers and their restricted subsidiaries.
Each Cashless Term B Xxxxxx agrees that upon the Eighth Amendment Effective Date, all (or such lesser amount as the Term Loan B Agent may allocate to such Lender) of its Existing Term B Loans shall be converted to 2024 Refinancing Term B Loans, and the outstanding principal amount of such converted Term Loans shall be deemed repaid in full on the Eighth Amendment Effective Date.
Each Borrower and each of the Subsidiary Guarantors acknowledges and agrees that, on and after the Eighth Amendment Effective Date, this Amendment and each of the other Loan Documents to be executed and delivered by the Borrower in connection herewith shall constitute a Loan Document for all purposes of the Amended Credit Agreement.