A&R Date definition
Examples of A&R Date in a sentence
From and after the A&R Date and until Security Termination, each of the Issuer and Finance NomCo will, at the expense of the Issuer, timely take or cause to be taken all action required to maintain and preserve the perfection and first priority of the Lien on the Collateral granted under this Indenture and the Mortgages (subject to Permitted Liens).
Each of the Issuer, Indenture Trustee, and Finance NomCo has consented to this Indenture and confirms that, (i) it is authorized to deliver this Indenture, such power has not been granted or assigned to any other person and the Indenture Trustee may rely upon such certification, and (ii) it acknowledges and agrees that the amendments effected by this Indenture shall become effective on the A&R Date.
Notwithstanding certain financial ratios not being tested for six (6) months following the A&R Date, the Manager shall continue to report each Payment Date Report (but showing any financial covenants not yet tested as “N/A”) commencing on first Payment Date.
After the A&R Date, subject to the conditions set forth in this Indenture, the Issuer may also apply the proceeds of the sale of any Additional Notes hereunder to fund the redemption of any Notes then Outstanding.