Incremental Commitment Effective Date definition
Incremental Commitment Effective Date has the meaning specified in Section 2.04(b)(ii).
Incremental Commitment Effective Date means any Business Day designated as such in an Incremental Commitment Activation Notice or, if later, the first date on which each condition set forth in Section 4.03 shall have been satisfied or waived with respect to the Commitment Increase set forth therein.
Incremental Commitment Effective Date means the earliest time as of which all conditions set forth in subsection 4.2 shall have been deemed satisfied or otherwise waived in accordance with the last paragraph of such subsection; provided, however, that solely for purposes of each of the definition of "Budget", subsection 6.1(xvi) and subsection 7.1(iv), each reference to "Incremental Commitment Effective Date" shall mean the date on which Borrowers shall have delivered the documents (in form and substance satisfactory to each Agent in its sole discretion) required to be delivered under clause (a) of the second sentence of subsection 6.16.
Examples of Incremental Commitment Effective Date in a sentence
On each Incremental Commitment Effective Date, the Facility Agent shall update and furnish to the Collateral Agent and the Borrower an updated version of Schedule 1 reflecting the then-current allocation of the Commitments after an Incremental Commitment.
As of such Incremental Commitment Effective Date, upon the Facility Agent’s receipt of the documents required by this paragraph (d), the Facility Agent shall record the information contained in the applicable joinder agreement(s) in the form and substance approved by the Facility Agent (the “Joinder Agreement”) in the Register and give prompt notice of the increase in the Commitments to the Borrower and the Lenders (including each Incremental Lender).
More Definitions of Incremental Commitment Effective Date
Incremental Commitment Effective Date has the meaning specified in Section 2.26(c). “Incremental Lender” has the meaning specified in Section 2.26(b). “Incremental Term Loan Commitment” has the meaning specified in Section 2.26(a). “Incremental Term Loan Facility” means any facility consisting of Incremental Term Loan Commitments and all Borrowings thereunder. 15 #1292168v26
Incremental Commitment Effective Date has the meaning set forth in Section 2.08(e). “Incremental Lender” has the meaning set forth in Section 2.08(e). “Indemnified Liabilities” has the meaning set forth in Section 11.05. “Indemnified Taxes” has the meaning set forth in Section 3.01(a). “Indemnitee” has the meaning set forth in Section 11.05. “Independent Appraisal” means a document executed by an Independent Appraiser setting forth the Appraised Value of the item of equipment being appraised and the data and explanation, all in reasonable detail, supporting such Appraised Value. “Independent Appraiser” means RailSolutions, Inc., or, in substitution of the foregoing appraiser, any independent railcar appraisal expert of recognized standing selected by the Agent, with the consent of the Required Lenders, in consultation with, and reasonably satisfactory to, the Borrower; provided that no such consultations with, or satisfaction of, the Borrower shall be 747656567 17557858 33 Fifth Amended and Restated Warehouse Loan Agreement
Incremental Commitment Effective Date shall have the meaning assigned to such term in Section 5.
Incremental Commitment Effective Date means the date after the First Amendment Effective Date on which the last of the conditions set forth in subsections 4.2A through 4.2K and subsection 4.2M shall have been satisfied pursuant to clause (iii) of the last paragraph of subsection 4.2.
Incremental Commitment Effective Date means the date on which Borrowers shall have delivered the documents (in form and substance satisfactory to each Agent in its sole discretion) required to be delivered under clause (a) of the second sentence of subsection 6.16.
Incremental Commitment Effective Date has the meaning specified in Section 2.15(d). “Incremental Commitments” has the meaning specified in Section 2.15(a). “Incremental Lenders” has the meaning specified in Section 2.15(b). “Incremental Term Commitments” has the meaning specified in Section 2.15(a). “Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP: (a) all obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all direct or contingent obligations of such Person arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) net obligations of such Person under any Swap Contract;
Incremental Commitment Effective Date means the earliest time as of which all conditions set forth in subsection 4.2 shall have been deemed satisfied or otherwise waived in accordance with the last paragraph of such subsection; provided, however, that solely for purposes of each of the definition of "Budget", subsection 6.1(xvi) and subsection 7.1(iv), each reference to "Incremental Commitment Effective Date" shall mean the date after the First Amendment Effective Date on which the last of the conditions set forth in subsections 4.2A through 4.2K and subsection 4.2M shall have been satisfied pursuant to clause (iii) of the last paragraph of subsection 4.2.