PGT Effective Date definition

PGT Effective Date has the meaning given it in Section 3.2 of this ------------------ Agreement.
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Examples of PGT Effective Date in a sentence

  • On the PGT Effective Date, Prudential ------------------------------ shall execute and deliver to the Company (i) a document evidencing the termination of the PGT Guaranty and the Release and (ii) an instruction to NCNB as bailee to return to the Company all stock certificates issued by PGT which NCNB possesses under the Pledge Agreement as bailee for Prudential.

  • In addition, each Lender hereby consents to (x) the termination of the Guaranty dated as of April 29, 1999 executed by PGT in favor of Agent (in this section called the "PGT Guaranty") and (y) the release of Agent's lien and security interest in Borrower's common stock of PGT arising under the Pledge Agreement (in this section called the "Lien Release"), in each case on the PGT Effective Date provided that of all conditions precedent set forth in Article III of this Amendment have been satisfied in full.

  • On and as of the PGT Effective Date, the --------------- definition of "PGT" in Section 1.1 of the Original Agreement and all references to "PGT" in the Original Agreement shall be deleted from the Original Agreement with no further action needed on behalf of Agent, Lenders, Borrower, or the other Related Persons.

  • Borrower hereby agrees to deliver to Agent, within 30 days after the PGT Effective Date, an amendment to the Intercreditor Agreement duly executed by the parties thereto confirming the matters described in Section 3.2.

  • The PGT Amendments shall become effective as ------------------- of the date (the "PGT Effective Date") on which Borrower shall advised Agent that the PGT Stock Sale has been consummated and Agent shall have received evidence satisfactory to Agent, in its sole and absolute discretion, that each other Person then a party to the Intercreditor Agreement has released its guaranty from PGT and lien and security interest in the common stock of PGT.

  • On the PGT Effective Date and ------------------------------ provided that all conditions precedent set forth in Article III of this Agreement have been satisfied in full, Agent shall execute and deliver to Borrower (a) a document evidencing the termination of the PGT Guaranty and the Lien Release and (b) return to Borrower all stock certificates issued by PGT which it possesses under the Pledge Agreement.