RPS Closing Date definition
Examples of RPS Closing Date in a sentence
In furtherance of the foregoing, on the RPS Closing Date, there shall commence an initial Interest Period with respect to the Delayed Draw Term Loans, which Interest Period shall end on the last day of the Interest Period applicable to the Initial Term Loans as in effect immediately prior to the RPS Closing Date.
On the Closing Date, and if later, on the RPS Closing Date, (after giving effect to the Transactions), immediately following the making of each Loan and after giving effect to the application of the proceeds of such Loans, the Borrower on a consolidated basis with its Restricted Subsidiaries will be Solvent.
Such notice (a “Notice of Borrowing”) shall specify (A) the aggregate principal amount of the Term Loans to be made, (B) the date of the Borrowing (which shall be the Closing Date, or, in the case of any Delayed Draw Term Loans, the RPS Closing Date) and (C) whether the Term Loans shall consist of ABR Loans and/or LIBOR Loans and, if the Term Loans are to include LIBOR Loans, the Interest Period to be initially applicable thereto.
Upon the funding of the Delayed Draw Term Loans on the RPS Closing Date, the Delayed Draw Term Loans shall automatically and without further action by any Person constitute Initial Term Loans for all purposes of this Agreement and the other Credit Documents.
The Administrative Agent shall have received the RPS Closing Date Officer’s Certificate.
Substantially simultaneously with the funding of the Delayed Draw Term Loans on the RPS Closing Date, the repayment, repurchase or other discharge of the Existing Credit Agreement Indebtedness (RPS) and termination and/or release of any security interests and guarantees in connection therewith shall be consummated.
On the RPS Closing Date, the Company Representations (RPS) and the Specified Representations shall be true and correct in all material respects (or if qualified by “materiality,” “material adverse effect” or similar language, in all respects (after giving effect to such qualification)).
The Agents and Lenders shall have received, substantially simultaneously with the funding of the Delayed Draw Term Loans, fees and, to the extent invoiced at least three business days prior to the RPS Closing Date (except as otherwise reasonably agreed by the Borrower), expenses in the amounts previously agreed in writing to be received on the RPS Closing Date (which amounts may, at the Borrower’s option, be offset against the proceeds of the Delayed Draw Term Loans).
Kind of Security Numbers Issued Nominal Value Per IDR Rs. Paid-up Value Per IDR Rs. Total Nominal Value Rs. Total Paid-up Value Rs.