Increase and Amendment Effective Date definition

Increase and Amendment Effective Date means the date on which all of the conditions set forth in Section 5(b) of the Second Amendment shall have been satisfied (or waived in accordance with Section 9.02 of the Credit Agreement).”

Examples of Increase and Amendment Effective Date in a sentence

• No later than 12:00 p.m. on the Effective Date or the Second Increase and Amendment Effective Date, as applicable, each Lender will make available for the account of its applicable Lending Office to the Administrative Agent at the Principal Office, in immediately available funds, the proceeds of the Tranche A Loan and Tranche B Loan to be made by such Lender.

• No later than 12:00 p.m. (or such later time as is agreed by the Administrative Agent) on the Second Increase and Amendment Effective Date, each Tranche C Lender will make available for the account of its applicable Lending Office to the Administrative Agent at the Principal Office, in immediately available funds, the proceeds of the Tranche C Loan to be made by such Lender.

• Subject to satisfaction of the applicable conditions set forth in the Third Increase Agreement and Amendment for such borrowing, the Administrative Agent will make the proceeds of the Tranche D Loan borrowing available to the Borrower no later than 5:00 p.m. on the Third Increase and Amendment Effective Date.

• Effective as of the Increase and Amendment Effective Date, the Stated Maturity Date is extended to August 10, 2010.

• Subject to the terms and conditions set forth herein, each Tranche D Lender severally and not jointly agrees to make a single loan to the Borrower on the Third Increase and Amendment Effective Date in an amount not to exceed such Tranche D Lender’s Commitment Percentage of the Tranche D Facility.

• Subject to the terms and conditions set forth herein, each Tranche C Lender severally and not jointly agrees to make a single loan to the Borrower on the Second Increase and Amendment Effective Date in an amount not to exceed such Tranche C Lender’s Commitment Percentage of the Tranche C Facility.

• Subject to satisfaction of the applicable conditions set forth in the Second Increase Agreement and Amendment for such borrowing, the Administrative Agent will make the proceeds of such borrowing available to the Borrower no later than 5:00 p.m. on the Second Increase and Amendment Effective Date.

• No later than 12:00 p.m. (or such later time as is agreed by the Administrative Agent) on the Third Increase and Amendment Effective Date, each Tranche D Lender will make available for the account of its applicable Lending Office to the Administrative Agent at the Principal Office, in immediately available funds, the proceeds of the Tranche D Loan to be made by such Lender.