Examples of Transfer Effective Date in a sentence
Pursuant to such Commitment Transfer Supplement, you are advised that the Transfer Effective Date will be [Insert date of Transfer Effective Notice].
All principal payments, interest, fees and other amounts that would otherwise be payable from and after the Transfer Effective Date to or for the account of the Transferor Lender in respect of the Transferor Lender's Interests shall, instead, be payable to or for the account of the Transferor Lender and the Purchasing Lenders, as the case may be, in accordance with their respective interests as reflected in this Transfer Supplement.
If the Deferral Request is rejected then the Entry Point Transfer Effective Date contained in the prevailing Entry Point Transfer Request shall remain in place.
Transfers made pursuant to the foregoing provision shall be effective as of the Transfer Effective Date.
Where the Transporter rejects an Entry Point Transfer Cancellation Request, it will advise the Shipper of the grounds for rejection as soon as reasonably practicable but in any event no later than two (2) Business Days prior to the Entry Point Transfer Effective Date.