Examples of Fourth Amendment Effectiveness Date in a sentence
Notwithstanding the foregoing, the Applicable Rate for the period commencing on the Fourth Amendment Effectiveness Date and ending on (so long as no Default or Event of Default exists), the first Business Day following the date on which a Compliance Certificate is delivered pursuant to Section 6.02(b), for the Measurement Period ending July 31, 2022, reflecting compliance with the financial covenants required under Section 7.11, shall be as set forth in Level 2 and increased by 0.50%.
For avoidance of doubt, no prepayment shall be required pursuant to this Section 5.2(a)(i) for any Prepayment Events that have occurred prior to the Fourth Amendment Effectiveness Date.
The College of Supervisors must also ensure that host supervisors (e.g. branch supervisors) not included in the College of Supervisors are kept informed about all essential and relevant information, including any decisions taken by the College of Supervisors.
Borrower shall cause the delivery of a Control Agreement reasonably satisfactory to the Collateral Agent with respect to Alcoa’s accounts at (i) Bank Midwest, N.A., number 0204009908 and (ii) Mellon Bank, number 010-1944 within 30 Business Days of the Fourth Amendment Effectiveness Date (subject to extension or waiver by the Collateral Agent in its sole discretion).
Promptly upon the occurrence of the Fourth Amendment Effectiveness Date, the Administrative Agent shall notify the Borrower and the Lenders as to the occurrence of the Fourth Amendment Effectiveness Date, and such notice shall be conclusive and binding.
Accrued LC Participation Fees and Fronting Fees shall be payable in arrears (i) on the last Business Day of March, June, September and December of each year, commencing on the first such date to occur after the Fourth Amendment Effectiveness Date, and (ii) on the date on which the Revolving Commitments terminate.
On and as of the Fourth Amendment Effectiveness Date, the Amended Notes and the Exchanged Notes are the only Subordinated Notes issued and outstanding.
The pro forma Total Leverage Ratio of Parent and its subsidiaries (with adjustments to Consolidated EBITDA as set forth on Schedule 4.03(p)) for the last four-quarter period ending more than 30 days prior to the Fourth Amendment Effectiveness Date shall not be greater than 5.10x.
The Borrowers will use the proceeds of (a) the Revolving Loans for general corporate purposes, (b) the U.S. Term B-2 Loans extended on the Fourth Amendment Effectiveness Date to effect the Alcoa Acquisition and to pay related fees and expenses, and (c) the Swingline Loans for general corporate purposes.
Accrued Commitment Fees shall be payable in arrears (A) on the last Business Day of March, June, September and December of each year, commencing on the first such date to occur after the Fourth Amendment Effectiveness Date, and (B) on the date on which such Commitment terminates.