Second Amendment definition
Examples of Second Amendment in a sentence
The Initial Term Loans made on the Second Amendment Effective Date were made as part of a Borrowing consisting of Term Loans of the same Type made by the Initial Term Lenders ratably in accordance with their respective Initial Term Commitments.
The 2022 Incremental Term Loans were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.
The Existing Term Loans funded on the Closing Date were voluntarily prepaid in full with the proceeds of the Initial Term Loans on the Second Amendment Effective Date.
Each applicable Lender shall fund its Pro Rata share of an Initial Borrowing in immediately available funds not later than 12:00 p.m. (Local Time) on the Second Amendment Effective Date or, Third Amendment Effective Date or Fourth Amendment Effective Date, as applicable.
Each Lender’s Initial Term Loan Commitment provided on the Second Amendment Effective Date shall terminate immediately and without further action on the Second Amendment Effective Date after giving effect to the funding of such 2023 Refinancing-Incremental Lender’s Initial Term Loan Commitment on such date.