Examples of Amendment No. 1 Effective Date in a sentence
This Amendment shall not constitute a novation of any amount owing under the Existing Credit Agreement and all amounts owing in respect of principal, interest, fees and other amounts pursuant to the Existing Credit Agreement and the other Loan Documents shall, to the extent not paid or exchanged on or prior to the Amendment No. 1 Effective Date, continue to be owing under the Credit Agreement or such other Loan Documents until paid in accordance therewith.
Such notice must be given at least one (1) Business Day prior to the Effective Date or the Amendment No. 1 Effective Date, as applicable (it being agreed and understood that any such notice may be conditioned upon the occurrence of an event and revocable in the event such event will or does not occur).
On the Amendment No. 1 Effective Date, the Existing Credit Agreement shall hereby be amended to (a) delete the red or green stricken text (indicated textually in the same manner as the following examples: stricken text and stricken text) and (b) add the blue or green double-underlined text (indicated textually in the same manner as the following examples: double-underlined text and double-underlined text), in each case, as set forth in the Credit Agreement attached as Exhibit A hereto.