Examples of Early Opt-in Effective Date in a sentence
On the earlier of (i) the date that all Available Tenors of USD LIBOR have either permanently or indefinitely ceased to be provided by IBA or have been announced by the FCA pursuant to public statement or publication of information to be no longer representative and (ii) the Early Opt-in Effective Date, Section 2.23 provides a mechanism for determining an alternative rate of interest.
Effective on the Early Opt-in Effective Date, the Credit Agreement shall be amended to delete the stricken text (indicated textually in the same manner as the following example: stricken text) and to add the double- underlined text (indicated textually in the same manner as the following example: double- underlined text) as set forth in Annex I hereto.
This Agreement shall become effective on the Early Opt-in Effective Date upon proper execution by the Administrative Agent of a counterpart of this Agreement.
On the earlier of (i) the date that all Available Tenors of USD LIBOR have either permanently or indefinitely ceased to be provided by IBA or have been announced by the FCA pursuant to public statement or publication of information to be no longer representative and (ii) the Early Opt-in Effective Date, if the then-current Benchmark is USD LIBOR, the BenchmarkBenchmark Replacement.
The Loan Agreement shall be amended by deleting in its entirety each of the definitions of Benchmark Replacement Conforming Changes, Benchmark Transition Event, CPRA, Early Opt-in Effective Date, Early Opt-in Election, LIBOR Rate and USD LIBOR in Section 13.1 of the Loan Agreement.