Examples of Tranche A Effective Date in a sentence
Each Lender having a Tranche A Commitment severally agrees, on the terms and conditions hereinafter set forth, to make Advances (each, a "Tranche A Advance") to the Borrower from time to time on any Business Day during the period from the Tranche A Effective Date until the Tranche A Termination Date in an aggregate amount not to exceed at any time outstanding such Lender's Tranche A Commitment.
On or before the Tranche A Effective Date Mapletree will have become the owner, beneficially and of record, of 100% of the issued and outstanding Equity Interests in Mid-America and Oaktree will have become the owner, beneficially and of record, of 80% of the issued and outstanding Equity Interests in Seminole.
The Administrative Agent shall have received all fees and other amounts due and payable on or prior to the Tranche A Effective Date, including, to the extent invoiced one (1) day prior to closing, reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower hereunder.
As of each of the Effective Date, the Tranche A Effective Date and the Tranche B Effective Date, each of the representations and warranties made in the Acquisition Documents by the Parent is true and correct in all material respects.
The Administrative Agent shall notify the Parent and the Lenders of the Tranche A Effective Date, and such notice shall be conclusive and binding.
The Tranche A Effective Date shall occur hereunder on the first date on which each of the conditions set forth in Schedule 4.02 is satisfied (or waived in accordance with Section 10.02).
On the Tranche A Effective Date the Borrower paid to the Administrative Agent for distribution to the Initial Lender, in cash, a one-time facility fee (the "Tranche A Facility Fee") of $437,500.00.
The Borrower shall pay to the Administrative Agent for distribution to the Initial Lender, in cash, on the Tranche A Effective Date, a one-time facility fee (the "Tranche A Facility Fee") of 1.10% of the Initial Lender's Tranche A Commitment.
Notwithstanding any contrary provisions of Section 4.01 or this Section 4.02, if the conditions set forth in this Section 4.02 are satisfied on the Tranche A Effective Date, the Tranche A Effective Date shall also be the Tranche B Effective Date.
The Administrative Agent shall notify the Borrower and the Lenders of the Tranche A Effective Date, and such notice shall be conclusive and binding.