Amendment No. 1 Effective Date definition
Examples of Amendment No. 1 Effective Date in a sentence
Holdings shall have paid all reasonable and documented fees and expenses due and payable under the Loan Documents, including the fees and expenses of the Administrative Agent’s outside legal counsel payable in accordance with Section 11.3 of the Credit Agreement pursuant to all invoices presented for payment prior to the Amendment No. 1 Effective Date.
On and after the Amendment No. 1 Effective Date, this Amendment No. 1 shall for all purposes constitute a “Loan Document” under and as defined in the Credit Agreement and the other Loan Documents.
On and after the Amendment No. 1 Effective Date, (i) each reference in the Credit Agreement to “this Agreement,” “hereunder,” “hereof” or text of like import referring to the Credit Agreement shall mean and be a reference to the Amended Credit Agreement and (ii) all references to the Credit Agreement in each of the other Loan Documents shall be deemed to be references to the Amended Credit Agreement.
On the Amendment No. 1 Effective Date, concurrently with the effectiveness of this Amendment No. 1, the Borrower shall be deemed to have exercised its rights under Section 13.7(b) of the Credit Agreement to require each Term B Lender that is a Non-Consenting Lender in respect of this Amendment No. 1 to assign its Existing Term B Loans to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Bank, N.A. (the “Replacement Lender”).