Examples of Amendment No. 3 Effective Date in a sentence
Within 60 days after the Amendment No. 3 Effective Date, Borrower shall establish, and thereafter maintain at all times, the Minimum Account Balance with Bank until all outstanding amounts under this Loan Agreement and all other notes under the Loan Portfolio are paid in full.
For the avoidance of doubt, all references to Amendment No. 2 Loans herein, shall, from and after the Amendment No. 3 Effective Date (as applicable), include (and be deemed to include) Amendment No. 3 Incremental Term Loans in order to result in equivalent treatment thereof.
On the Amendment No. 3 Effective Date, subject to the terms and conditions of this Agreement and Amendment No. 3, the Note Obligors shall request, as set forth in Section 1(f), and the Investors shall purchase Notes issued by the Note Obligors in a principal amount equal to not more than 100% of the aggregate Bridge Funding Commitments at a Funding Event (the “Bridge Funding Event”) on the date specified in the Funding Notice by the Note Obligors.
Subject to the terms and conditions set forth herein, each Amendment No. 3 Incremental Term Lender severally, and not jointly, agreed to make Amendment No. 3 Incremental Term Loans to the applicable Borrowers on the Amendment No. 3 Effective Date in a principal amount not to exceed its Amendment No. 3 Incremental Term Loan Commitment as of the Amendment No. 3 Effective Date.