Seventh Amendment Date definition
Examples of Seventh Amendment Date in a sentence
Any Facility C Advance outstanding as a SOFR Advance or a US Prime Rate Advance, other than US Prime Rate Advances by way of Sweep to Loan Arrangement, on the Seventh Amendment Date shall be deemed to be a SOFR Advance or a US Prime Rate Advance, as applicable, under the Facility A Credit.
Each of the Lenders and the Issuing BankBanks hereby irrevocably appoints BMOCIBC, as of the Seventh Amendment Date, as the Administrative Agent to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto.
To the extent such documents were deemed satisfactory to the Administrative Agent prior to the Seventh Amendment Date, such documents are deemed to be satisfactory to the Collateral Agent as of the Seventh Amendment Date.
All Security Documents and deliverables related thereto that have been delivered to the Administrative Agent prior to the Seventh Amendment Date are deemed to be delivered to the Collateral Agent as of the Seventh Amendment Date.
Any Person who becomes a Secured Party or successor Administrative Agent shall be deemed to have consented to and ratified the foregoing appointment of the Administrative Agent prior to the Seventh Amendment Date and the Collateral Agent from and after the Seventh Amendment Date as the Hypothecary Representative on behalf of all Secured Parties, including such Person and any Affiliate of such Person designated above as a Lender.