Examples of Existing Effective Date in a sentence
The Borrower shall, upon the request of any Lender, on or after the date such Lender becomes a party hereto (whether on the Existing Effective Date, the Effective Date or by assignment or otherwise), execute and deliver a Note evidencing the Advances of such Lender.
Each such Note shall be payable to such Lender (its nominee or its registered assigns) in a face amount equal to such Lender’s Commitment as of the Existing Effective Date, the Effective Date or the effective date on which such Lender becomes a party hereto, as applicable.
Each such Note shall be payable to such Lender (or its registered assigns) in a face amount equal to such Lender’s Commitment as of the Existing Effective Date, the Effective Date or the effective date on which such Lender becomes a party hereto, as applicable.
On each anniversary of the Existing Effective Date thereafter, the term of Executive’s employment hereunder will be automatically extended for an additional period of one year (each, a “Subsequent Term”) unless either the Executive or the Company has given written notice to the other that such automatic extension will not occur (a “Non-Renewal Notice”), which notice is given not less than ninety (90) days prior to the relevant anniversary of the Existing Effective Date.
Subject to the terms hereof, Executive’s employment will continue until the next anniversary of the Existing Effective Date (the “Current Term”).