Incremental Commitment Effective Date definition

Incremental Commitment Effective Date has the meaning specified in Section 2.17(c).

Incremental Commitment Effective Date means any Business Day designated as such in an Incremental Commitment Activation Notice or, if later, the first date on which each condition set forth in Section 4.03 shall have been satisfied or waived with respect to the Commitment Increase set forth therein.

Incremental Commitment Effective Date as defined in Subsection 2.6(d).

Examples of Incremental Commitment Effective Date in a sentence

• Administrative Agent shall promptly notify Borrower and the Lenders of the final allocation of such increase and the Incremental Commitment Effective Date.

• As of such Incremental Commitment Effective Date, upon the Administrative Agent’s receipt of the documents required by this paragraph (f), the Administrative Agent shall record the information contained in the applicable Joinder Agreement(s) in the Register and give prompt notice of the increase in the Commitments to Borrower and the Lenders (including each Incremental Lender).

• The Administrative Agent shall promptly notify the Lenders of such increase and the Incremental Commitment Effective Date.

• The Administrative Agent shall have received an executed legal opinion of Kirkland & Ellis LLP, counsel to the Borrower and its subsidiaries, substantially in the form of Exhibit E to the Credit Agreement, addressed to the Administrative Agent and the Incremental Lender as of the Incremental Commitment Effective Date.

• All accrued reasonable and documented out-of-pocket costs and expenses (including, to the extent invoiced in advance, reasonable legal fees and out-of-pocket expenses of one firm of counsel) and other compensation due and payable to the Administrative Agent and the Incremental Lender on or prior to the Incremental Commitment Effective Date shall have been paid.

More Definitions of Incremental Commitment Effective Date

Incremental Commitment Effective Date has the meaning specified in SECTION 2.25(e). “Incremental Lender” has the meaning specified in SECTION 2.25(d).

Incremental Commitment Effective Date means the earliest time as of which all conditions set forth in subsection 4.2 shall have been deemed satisfied or otherwise waived in accordance with the last paragraph of such subsection; provided, however, that solely for purposes of each of the definition of "Budget", subsection 6.1(xvi) and subsection 7.1(iv), each reference to "Incremental Commitment Effective Date" shall mean the date after the First Amendment Effective Date on which the last of the conditions set forth in subsections 4.2A through 4.2K and subsection 4.2M shall have been satisfied pursuant to clause (iii) of the last paragraph of subsection 4.2.

Incremental Commitment Effective Date means the date after the First Amendment Effective Date on which the last of the conditions set forth in subsections 4.2A through 4.2K and subsection 4.2M shall have been satisfied pursuant to clause (iii) of the last paragraph of subsection 4.2.

Incremental Commitment Effective Date means the earliest time as of which all conditions set forth in subsection 4.2 shall have been deemed satisfied or otherwise waived in accordance with the last paragraph of such subsection; provided, however, that solely for purposes of each of the definition of "Budget", subsection 6.1(xvi) and subsection 7.1(iv), each reference to "Incremental Commitment Effective Date" shall mean the date on which Borrowers shall have delivered the documents (in form and substance satisfactory to each Agent in its sole discretion) required to be delivered under clause (a) of the second sentence of subsection 6.16.

Incremental Commitment Effective Date means the date on which Borrowers shall have delivered the documents (in form and substance satisfactory to each Agent in its sole discretion) required to be delivered under clause (a) of the second sentence of subsection 6.16.

Incremental Commitment Effective Date shall have the meaning assigned to such term in Section 5.

Incremental Commitment Effective Date has the meaning set forth in Section 2.08(e). “Incremental Lender” has the meaning set forth in Section 2.08(e). “Indemnified Liabilities” has the meaning set forth in Section 11.05. “Indemnified Taxes” has the meaning set forth in Section 3.01(a). “Indemnitee” has the meaning set forth in Section 11.05. “Independent Appraisal” means a document executed by an Independent Appraiser setting forth the Appraised Value of the item of equipment being appraised and the data and explanation, all in reasonable detail, supporting such Appraised Value. “Independent Appraiser” means RailSolutions, Inc., or, in substitution of the foregoing appraiser, any independent railcar appraisal expert of recognized standing selected by the Agent, with the consent of the Required Lenders, in consultation with, and reasonably satisfactory to, the Borrower; provided that no such consultations with, or satisfaction of, the Borrower shall be required so long as a Default, a Manager Event of Default or an Event of Default shall have occurred and be continuing. “Industry” means any industry listed in column I of Schedule A hereto. “Industry Concentration Percentage” means, with respect to an Industry Group, the percentages listed in column II of Schedule A hereto that correspond to the Industry of such Industry Group. “Industry Group” means Railcars that operate primarily in a particular Industry (as certified by each Facility Party in each Borrowing Base Certificate). “Insolvency Event” means any condition or event set forth in Section 9.01(g). “Insurance Management Agreement” means the Second Amended and Restated Insurance Management Agreement, substantially in the form of Exhibit I hereto, dated as of May 29, 2009, between the Borrower and the Manager. “Interchange Rules” means the interchange rules and supplements thereto promulgated by the A.A.R., as in effect from time to time. “Interest Period” means (i) initially, the period from the Amendment Closing Date to the first Calculation Date following the Amendment Closing Date, and (ii) thereafter, the period from