Day Runner definition
Examples of Day Runner in a sentence
Such consolidated financial statements shall be prepared in accordance with GAAP, consistently applied, and shall be accompanied by a report of Deloitte & Touche LLP or other independent public accountants of recognized standing selected by Day Runner and reasonably satisfactory to the Requisite Lenders, which report shall be prepared in accordance with generally accepted auditing standards as at such date, and shall not be subject to any qualifications or exceptions.
Prior to the end of each Banking Day, Day Runner shall pay, or cause to be paid, to the Administrative Agent (x) for deposit in the Term Loan Interest Reserve Account, all Cash and Cash Equivalents then held in the Lockbox and (y) for deposit in the Concentration Account, all Cash and Cash Equivalents held by Day Runner or any of its domestic Subsidiaries (other than such Cash and Cash Equivalents held in the Lockbox).
Day Runner hereby agrees to take such steps as are necessary to assure that the Concentration Account and/or the Term Loan Interest Reserve Account, as the case may be, will, on each such date, have a credit balance in immediately available funds at least equal to the amount of such payment.
Make any material change in the nature of the business of Day Runner and its Subsidiaries, taken as a whole.
In consideration of the agreements of the Lenders contained in this Agreement, Day Runner agrees to pay to the Administrative Agent, for the account of each Lender executing this Agreement, on the Effective Date, an amendment fee (the "Amendment Fee") in an amount equal to 0.50% of the sum of (x) such Lender's Term Loan and (y) such Lender's Pro Rata Share of the Revolving Commitment as in effect on the Effective Date, after giving effect to this Agreement.
Schedule 4.6 sets forth all Funded Debt of Day Runner and its Subsidiaries as of the Closing Date.
Unless the employee has a written employment agreement binding upon Day Runner which provides otherwise, employment with Day Runner is employment-at-will.
So long as any Loan remains unpaid, or any other Obligation remains unpaid or unperformed, or any portion of the Commitments remains outstanding, Day Runner shall, at Day Runner's sole expense, deliver to each Lender concurrently with the financial statements required pursuant to Sections 7.1(a) and 7.1(c), a Compliance Certificate signed by a Senior Officer of Day Runner.
After the delivery of such documentation, if such documentation is in form and substance satisfactory to the Agent in its sole discretion, the Loan Sublimit for Ultima shall be increased to Five Million Dollars ($5,000,000), with such increase to be evidenced by a written notice to such effect from the Administrative Agent to Day Runner and Ultima.
Upon execution of this Agreement, each Member shall make the contribution of Day Runner Interests to the Company shown opposite the Member's name on Exhibit A.