Second Amendment Effective Date Loan definition

Second Amendment Effective Date Loan means the term loan made by the Lenders on the Second Amendment Effective Date under this Agreement.
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Examples of Second Amendment Effective Date Loan in a sentence

  • The Second Amendment Effective Date Loan is a term loan and once borrowed, may not be re-borrowed.

  • Following the Second Amendment Effective Date, Loan Parties shall deliver to Agent: (a) Mexican Pledge Agreement.

  • Subject to the terms and conditions of this Second Amendment and the Amended Loan Agreement and relying upon the representations and warranties set forth in the Amended Loan Agreement and this Second Amendment, each Lender agrees to make the Second Amendment Effective Date Loan in a single draw to the Borrower on the Second Amendment Effective Date in the amount set forth opposite such Lender’s name on Schedule A annexed hereto under the caption.

  • On the Second Amendment Effective Date, both before and after giving effect to the incurrence of the Second Amendment Effective Date Loan, and the use of proceeds thereof, the Loan Parties shall be Solvent.

  • As of the Second Amendment Effective Date, no event shall have occurred and be continuing or would immediately result from the consummation of the Second Amendment Effective Date Loan that would constitute an Event of Default or a Default.

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