Fifteenth Amendment Closing Date definition

Fifteenth Amendment Closing Date means June 19, 2017.
Fifteenth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fifteenth Amendment shall be satisfied or waived.
Fifteenth Amendment Closing Date means November 17, 2015.

Examples of Fifteenth Amendment Closing Date in a sentence

  • Subject to the satisfaction of each of the conditions to this Amendment, and effective as of the second Business Day after the Fifteenth Amendment Closing Date, Foothill hereby consents to (a) the Release Transactions, and (b) the sale of any Real Properties and "Top Eliminator" lanes owned by Borrower and its Affiliates, in accordance with the terms and provisions of the Loan Agreement, as amended herein.

  • In connection with the execution and delivery of the Fifteenth Amendment, Borrower shall pay to Foothill a fee equal to $127,000 (the "Fifteenth Amendment Fee") which shall be fully earned and nonrefundable as of the Fifteenth Amendment Closing Date and shall be payable in cash on or before 5:00 p.m. Eastern Time on the second Business Day following the Fifteenth Amendment Closing Date.

  • Effective as of the Fifteenth Amendment Closing Date, the Credit Agreement is hereby 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 the pages of the conformed Credit Agreement attached as Exhibit A hereto.

  • The prepayment of $10,000,000 of the outstanding principal of the Term Loan on the Fifteenth Amendment Closing Date with the proceeds of the Specified Equity Contribution." "Stock Repurchase Notes.

  • Within ten (10) Business Days following the Fifteenth Amendment Closing Date, Foothill and Borrower shall negotiate and agree on the basic form of Leasehold Mortgage to be used to encumber the Leasehold Mortgage Properties, with such basic form of Leasehold Mortgage to be modified as necessary to comply with the respective laws of the states in which such Leasehold Mortgage Properties are located.

  • With respect to each of the Leasehold Mortgage Properties, Borrower shall exert reasonable commercial efforts, or shall cause Borrower's Subsidiary to exert reasonable commercial efforts, (i) to obtain the written consent of the Lessor, and (ii) to deliver to Lender a duly executed Leasehold Mortgage in recordable form, within ninety (90) days following the Fifteenth Amendment Closing Date.

  • Within 30 days of the Fifteenth Amendment Closing Date (or such longer period as the Administrative Agent may agree in its sole discretion), the Borrower and each Guarantor shall deliver to the Administrative Agent additional mortgages, financing statements and other security document as may be necessary to comply with the requirements of Section 8.19(b) of the Credit Agreement as amended by this Fifteenth Amendment.

  • On or before the second Business Day after the Fifteenth Amendment Closing Date, Foothill shall pay to Borrower in cash a fee ("Restructuring Fee") in the amount of $950,000, less the amount of the Fifteenth Amendment Fee to be deducted and retained by Foothill.

  • As of the Fifteenth Amendment Closing Date, the Required Lenders and the Borrower agree that the amount of the Borrowing Base shall be reaffirmed at $75,000,000 and such Borrowing Base shall remain in effect until the Borrowing Base is otherwise redetermined or adjusted in accordance with the Credit Agreement.

  • The Term Loan shall be evidenced by one or more secured promissory notes (collectively, the “Term Note”) in substantially the form attached hereto as Exhibit 2.4. On the Fifteenth Amendment Closing Date, Borrowers will execute and deliver to Agent the Fifth Amended and Restated Term Note, in the form attached to the Fifteenth Amendment as Exhibit A.


More Definitions of Fifteenth Amendment Closing Date

Fifteenth Amendment Closing Date means the date on which each of the conditions precedent set forth in Section 3 of the Fifteenth Amendment are satisfied in full. "Fifteenth Amendment Fee" shall have the meaning ascribed to such term in Section 2.10.

Related to Fifteenth Amendment Closing Date

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Third Amendment Date means June 23, 2020.

  • Second Amendment Date means the date of the Second Amendment.

  • First Amendment Date means February 21, 2019.

  • Sixth Amendment means the Sixth Amendment to Credit Agreement dated as of March 7, 2011 among the Borrower, the Lenders party thereto and the Administrative Agent.

  • Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.

  • Seventh Amendment means that certain Seventh Amendment to Credit Agreement dated as of April [__], 2012, by and among the Borrowers, the other Loan Parties, the Agents and the Lenders.

  • Fifth Amendment means the Waiver and Fifth Amendment to Credit Agreement, dated as of the Fifth Amendment Effective Date, by and among the Borrower, the other Loan Parties party thereto, the Lenders party thereto, and Agent.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Eighth Amendment means the Eighth Amendment to Amended and Restated Revolving Credit and Security Agreement, dated as of the Eighth Amendment Effective Date, by and among Agent, Lenders and the Loan Parties.

  • Fifth Amendment Effective Date shall have the meaning provided in the Fifth Amendment.

  • Seventh Amendment Effective Date shall have the meaning provided in the Seventh Amendment.

  • Third Amendment means the Third Amendment to the Second Amended and Restated Credit Agreement, entered into as of October 21, 2016, by and among Holdings, certain Subsidiaries of Holdings party thereto, the Required Lenders and Consenting Lenders (each, as defined therein) and Bank of America, as the Administrative Agent (as defined therein).

  • Sixth Amendment Effective Date shall have the meaning provided in the Sixth Amendment.

  • Fourth Amendment Effective Date has the meaning assigned to such term in the Fourth Amendment.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of September 19, 2016, among the Borrower, the Administrative Agent and the Lenders party thereto.

  • Fourth Amendment means the Fourth Amendment to 5-Year Revolving Credit Agreement dated as of November 30, 2006 among the Borrower, the MLP, the Administrative Agent and the Lenders party thereto.

  • Second Amendment Effective Date has the meaning assigned to such term in the Second Amendment.