Third Loan Modification Effective Date definition

Third Loan Modification Effective Date is the date noted on the signature page to the Third Loan Modification Agreement.”

Third Loan Modification Effective Date is May 31, 2012.”

Third Loan Modification Effective Date is January 30, 2013.

Examples of Third Loan Modification Effective Date in a sentence

• On or before February 28, 2015, Borrower shall provide Bank evidence satisfactory to Bank, in its reasonable discretion, that Borrower has received net proceeds of not less than Ten Million Dollars ($10,000,000) from the issuance of EndoChoice’s Series B Preferred Stock, issued on or after the Third Loan Modification Effective Date.

• Commencing with the first full fiscal quarter following the Third Loan Modification Effective Date, achieve, on a trailing three month basis, measured on the last day of each monthly period, a Fixed Charge Coverage Ratio of not less than 1.25:1.00.

• As of the Third Loan Modification Effective Date, and at all times thereafter, Borrower shall maintain liquidity in an amount equal to or greater than Two Million Dollars ($2,000,000), calculated as the sum of (i) unrestricted and unencumbered cash in accounts with the Bank or a Bank Subsidiary plus (ii) the aggregate Availability Amount minus (iii) any outstanding Overadvance.

• Commencing on the Third Loan Modification Effective Date and subject to Section 2.3(b), the principal amount outstanding under the Revolving Line shall accrue interest at a floating per annum rate equal to three percentage points (3.00%) above the Prime Rate, which interest shall be payable monthly in accordance with Section 2.3(f) below.

• Subject to the prior satisfaction of all other applicable conditions to the making of the Term Loan 2017 Advance set forth in this Agreement, to obtain the Term Loan 2017 Advance, Borrower shall notify Agent and the Lenders (which notice shall be irrevocable) by electronic mail by 12:00 noon Pacific time on or before the Third Loan Modification Effective Date.

More Definitions of Third Loan Modification Effective Date

Third Loan Modification Effective Date. (EXIM)” is the date indicated in the preamble to the Export–Import Bank Third Loan Modification and Waiver Agreement.”

Third Loan Modification Effective Date is the date indicated on the signature page to the Third Loan Modification Agreement.” 8 The Loan Agreement shall be amended by deleting the following clause (e) from the definition of “Eligible Accounts” in Section 13.1 thereof:

Third Loan Modification Effective Date means September 25, 2012.”

Third Loan Modification Effective Date is May , 2012.” 18 The Compliance Certificate appearing as Exhibit B to the Loan Agreement is hereby replaced with the Compliance Certificate attached as Exhibit A hereto.

Third Loan Modification Effective Date is March 2, 2012. 17 The Loan Agreement shall be amended by deleting the following definition appearing in Section 13.1thereof:

Third Loan Modification Effective Date is December 6, 2017.

Third Loan Modification Effective Date is July 11, 2016.”