Examples of First Omnibus Amendment Effective Date in a sentence
Notwithstanding anything to the contrary contained in this Agreement, the Borrower shall have no liability to any Lender for any amounts that would otherwise be payable pursuant to Section 2.15 as a result of the prepayment and borrowing on the First Omnibus Amendment Effective Date contemplated by this Section 2.20(a).
The Additional Principal Amount of this Note will be disbursed on the First Omnibus Amendment Effective Date to be used in accordance with Section 7.1(l).
The Administrator shall not have any duty or responsibility, either initially or on a continuing basis, to provide any Purchaser or Purchaser Agent with any credit or other information with respect to the Seller, any Originator, Xxxxxx Tire or their Affiliates, whether coming into its possession before the First Omnibus Amendment Effective Date or at any time or times thereafter.
On the First Omnibus Amendment Effective Date, Xxxxx Fargo Bank, National Association, purchased and accepted an assignment of all of the rights and obligations of the Administrator, the LC Bank, the sole Purchaser Agent, the sole Related Committed Purchaser and the sole LC Participant under the Existing Agreement, and entered into an Omnibus Amendment No. 1 to the Existing Agreement, the Sale Agreement and the Performance Guaranty (“Omnibus Amendment No. 1”).
Subject to the occurrence of the First Omnibus Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement (including the Exhibits and Schedules thereto) is hereby amended in its entirety in the form of Exhibit A attached hereto.
From and after the First Omnibus Amendment Effective Date, all references to the Credit Agreement or the Security Agreement in any Loan Document and all references in the Credit Agreement or the Security Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import referring to the Credit Agreement and/or the Security Agreement shall, unless expressly provided otherwise, be deemed to refer to the Amended Credit Agreement and/or the Security Agreement as amended hereby, respectively.
Such Originator will give the Company, the Administrator and each Purchaser Agent prior notice of any change in such administrative and operating procedures that causes them to be materially different from the procedures described to the Company, the Administrator and each Purchaser Agent on or before the First Omnibus Amendment Effective Date as such Originator’s then existing or planned administrative and operating procedures for collecting Receivables.
The Purchased Interest shall be initially computed on the First Omnibus Amendment Effective Date.
The Additional Originator hereby makes all of the representations and warranties set forth in Article V (to the extent applicable) of the Purchase and Sale Agreement as of the First Omnibus Amendment Effective Date (unless such representations or warranties relate to an earlier date, in which case as of such earlier date), as if such representations and warranties were fully set forth herein.
On the First Omnibus Amendment Effective Date, Xxxxx Fargo, as the Administrator, as a Purchaser Agent, as a Related Committed Purchaser, as the LC Bank and as an LC Participant shall become a party to this Agreement, and each reference to the Existing Agreement in any other document, instrument or agreement shall mean and be a reference to this Agreement.