Examples of First Incremental Amendment Closing Date in a sentence
The First Incremental Amendment Closing Date shall have occurred.
The Tranche B Lead Arrangers shall have received U.S. GAAP unaudited consolidated and related statements of income, stockholders’ equity and cash flows of the Borrower for each fiscal quarter commencing on or after January 1, 2013 and ending at least 45 days before the First Incremental Amendment Closing Date (it being understood that such condition shall be satisfied if the Borrower has satisfied the requirements set forth in Section 7.1(b) of the Credit Agreement with respect to the relevant period).
Each Note (i) in respect of Initial Term Loans shall be dated the Closing Date, (ii) in respect of Tranche B Refinancing Term Loans shall be dated the First Incremental Amendment Effective Date, (iii) in respect of Tranche B Initial Term Loans shall be dated the First Incremental Amendment Closing Date and, (iv) in respect of Tranche B Delayed Draw Term Loans shall be dated the Tranche B Delayed Draw Closing Date and (v) in respect of Tranche C Term Loans shall be dated the Third Amendment Closing Date.
Notwithstanding the foregoing, on the Tranche B Initial Outside Date, all outstanding Tranche B Initial Term Loan Commitments shall automatically terminate if the First Incremental Amendment Closing Date shall not have occurred on or prior to the Tranche B Initial Outside Date.
On the First Incremental Amendment Closing Date (after giving effect to the incurrence of Tranche B Initial Term Loans on such date), the Tranche B Initial Term Loan Commitment of each Lender shall terminate.
Each Note (i) in respect of Initial Term Loans shall be dated the Closing Date, (ii) in respect of Tranche B Refinancing Term Loans shall be dated the First Incremental Amendment Effective Date, (iii) in respect of Tranche B Initial Term Loans shall be dated the First Incremental Amendment Closing Date and (iv) in respect of Tranche B Delayed Draw Term Loans shall be dated the Tranche B Delayed Draw Closing Date.
The Required Tranche B Lenders may, or, with the written consent of the Required Tranche B Lenders, the Administrative Agent may, from time to time prior to the First Incremental Amendment Closing Date, waive at any Loan Party’s request any condition precedent set forth in Section 5 or Section 6 of this Incremental Amendment.
Each Loan Party reaffirms its obligations under the Loan Documents to which it is party and the validity, enforceability and perfection of the Liens granted by it pursuant to the Collateral Documents on the First Incremental Amendment Closing Date.
To the extent invoiced with reasonable detail at least two business days prior to the First Incremental Amendment Closing Date, the Administrative Agent, the 2015 Lead Arrangers and the Lenders party hereto shall have received all costs, fees and expenses (including, without limitation, legal fees and expenses) and other compensation as otherwise agreed, in each case, payable to them on or prior to the First Incremental Amendment Closing Date.
The Par Refinancing shall have been consummated substantially concurrently with the Par Acquisition and the 2014 Term B Loans outstanding as of the First Incremental Amendment Closing Date shall have been repaid and refinanced in full substantially concurrently with the funding of the 2015 Incremental Term B Loans.