Restructuring Effective Date Sample Clauses

The 'Restructuring Effective Date' clause defines the specific date on which the terms of a restructuring agreement become legally binding and operational. In practice, this date is often triggered by the satisfaction of certain conditions, such as regulatory approvals or the completion of required documentation, and marks the point from which new or amended obligations take effect for all parties involved. Its core function is to provide a clear and unambiguous reference point for when the restructured terms are implemented, thereby ensuring certainty and coordination among stakeholders.
Restructuring Effective Date. 40 SECTION 4.02. Conditions Subsequent.......................................45 ARTICLE V
View Source
Restructuring Effective Date. The Restructuring Effective Date (as defined in the Restructuring Agreement) has occurred.
View Source
Restructuring Effective Date. 21.1. Each of the Restructuring Documents signed and dated at the Signing Meeting and any further Restructuring Documents signed on the Anticipated Restructuring Effective Date or the Restructuring Effective Date shall have effect on the Restructuring Effective Date in the order specified below. 21.2. Immediately upon receipt by the Co-ordinator of: (i) confirmations from the Administrative Agent acting on the instructions of the Lenders that all conditions precedent to any Restructuring Document (if any) to which the Lenders are a party have been satisfied and/or waived, and (ii) confirmation from the Super Senior Agent acting on the instructions of the relevant Lenders that all conditions precedent to the drawdown of the Super Senior Facility have been satisfied in full, the Co-ordinator shall give written notice to each of the other Parties of such receipt and such notice shall include confirmation that the Restructuring Effective Date has occurred (the “Completion Declaration”). 21.3. Upon the occurrence of the Restructuring Effective Date, the actions as set out in this Part 4 of this Implementation Plan shall be taken, completed and/or be deemed to have automatically occurred in the order as set out in this Part 4 of this Implementation Plan (unless stated otherwise). [______________________]
View Source
Restructuring Effective Date. Unless the parties hereto otherwise agree, the closing (the “Restructuring Closing”) of the transactions contemplated by this Agreement shall occur at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ LLP, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, at 10:00 A.M., Eastern time, on April 23, 2009 (the “Restructuring Effective Date”).
View Source
Restructuring Effective Date. This Agreement shall become effective on the date (the "RESTRUCTURING EFFECTIVE DATE") on which the Lender shall notify the Borrowers that the following conditions have been satisfied (or waived in accordance with Section 16(E) hereof), in the Lender's sole discretion: (1) ING shall have received the Past Due Payment (which is the same payment required under the Credit Agreement and should not be paid twice by the Borrowers). (2) CRE has been duly formed and is validly existing by Cadiz in accordance with the CRE LLC Agreement. (3) Cadiz shall have transferred substantially all of its assets, rights and interests in Cadiz' property that constitutes ING Collateral for the Lender to its CRE Subsidiary, subject to the Liens and obligations arising under the Revolving Loan Documents and the Term Loan Documents in favor of ING. (4) to the extent required in the CRE LLC Agreement, Cadiz and CRE shall have executed the Cadiz/CRE Management Agreement, which agreement shall be binding and in effect. (5) The Lender shall have received budget and projections that are reasonably satisfactory to the Lender. (6) The Lender shall have received counterparts of this Agreement and the other Sixth Global Agreement Documents (in recordable form, where appropriate) duly executed and delivered by the Borrowers in form and substance satisfactory to Lender (in Lender's absolute discretion), including, but not limited to, the following: (a) this Agreement; (b) the following documents relating to the CVDC Loan: (A) Sixth Amended and Restated CVDC Note, in the form attached hereto in Exhibit K; (B) Sixth Modification of the First CVDC Deed of Trust, in the form attached hereto in Exhibit L; (C) Sixth Modification of the Cadiz Second Deed of Trust, in the form attached hereto in Exhibit M (D) Sixth Modification of the Cadiz First Assignment, in the form attached hereto in Exhibit N; (c) the following documents relating to the Cadiz Loan: (A) Sixth Amended and Restated Cadiz Note, in the form attached hereto in Exhibit O; (B) Sixth Modification of the Cadiz First Deed of Trust, in the form attached hereto in Exhibit P; (C) Sixth Modification of the Second CVDC Deed of Trust, in the form attached hereto in Exhibit Q; (d) the following documents relating to the L/C Loan: (A) Sixth Amended and Restated Reimbursement Agreement duly executed by Cadiz and CRE, in the form attached hereto in Exhibit R; (B) Sixth Modification of the Cadiz Third Deed of Trust, in the form attached hereto in Ex...
View Source
Restructuring Effective Date. The obligations of the Lenders to make Loans hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02): (a) ING shall have received the Past Due Payment; (b) The CRE Borrower has been duly formed and is validly existing by Cadiz in accordance with the CRE LLC Agreement; (c) The Cadiz Borrower shall have transferred substantially all of its assets, rights and interests in Cadiz' property that constitutes ING Collateral for the Administrative Agent and the Lenders to its CRE Borrower Subsidiary, subject to the Liens and obligations arising under the Term Loan Documents and the Loan Documents in favor of the Administrative Agent and the Lenders;
View Source
Restructuring Effective Date. The “Restructuring Effective Date” shall occur upon the satisfaction of the following conditions precedent:
View Source
Restructuring Effective Date. All of the parties hereto agree that, effective upon the Restructuring Effective Date without further act or deed of any of the parties hereto, (x) Holdings will assume all liabilities and obligations of QFC with respect to the Revolving Loans, the Swingline Loans, the Letters of Credit, the L/C Obligations and Acquisition Loans and under the Notes with respect thereto (and, except to the extent provided in the Intercompany Guaranty (Holdings), QFC will be released from its obligations with respect thereto), (y) the commitments of the Lenders to make Revolving Loans, Issue Letters of Credit and make Acquisition Loans shall be deemed to be extended to Holdings rather than QFC, and (z) Holdings shall (and hereby agrees that it will be) the "Borrower" for purposes of all Revolving Loans, Swingline Loans, Letters of Credit, L/C Obligations, Acquisition Loans and other matters related to or arising in respect of the commitments to extend credit in the amount of the Revolving Commitment Amount and the Acquisition Facility Commitment Amount.
View Source

Related to Restructuring Effective Date

  • Continuing Effectiveness As hereby amended, the Credit Agreement shall remain in full force and effect and is hereby ratified and confirmed in all respects. After the effectiveness hereof, all references in the Credit Agreement or other Loan Documents to the “Agreement”, the “Credit Agreement” or similar terms shall refer to the Credit Agreement as amended hereby. This Amendment is a Loan Document.

  • Closing; Effective Time Unless this Agreement is earlier terminated pursuant to the provisions of Section 9.1, and subject to the satisfaction or waiver of the conditions set forth in Sections 6, 7 and 8, the consummation of the Merger (the “Closing”) shall take place remotely as promptly as practicable (but in no event later than the second Business Day following the satisfaction or waiver of the last to be satisfied or waived of the conditions set forth in Sections 6, 7 and 8, other than those conditions that by their nature are to be satisfied at the Closing, but subject to the satisfaction or waiver of each of such conditions), or at such other time, date and place as Parent and the Company may mutually agree in writing. The date on which the Closing actually takes place is referred to as the “Closing Date.” At the Closing, the Parties shall cause the Merger to be consummated by executing and filing with the Secretary of State of the State of Delaware a certificate of merger with respect to the Merger, satisfying the applicable requirements of the DGCL and in a form reasonably acceptable to Parent and the Company (the “Certificate of Merger”). The Merger shall become effective at the time of the filing of such Certificate of Merger with the Secretary of State of the State of Delaware or at such later time as may be specified in such Certificate of Merger with the consent of Parent and the Company (the time as of which the Merger becomes effective being referred to as the “Effective Time”).

  • Continuing Effect Except as contemplated hereby, the Agreement shall remain in full force and effect in accordance with its terms.

  • Continuing Effect; No Other Amendments Except as expressly amended or waived hereby, all of the terms and provisions of the Credit Agreement and the other Loan Documents are and shall remain in full force and effect. The amendments and waivers contained herein shall not constitute an amendment or waiver of any other provision of the Credit Agreement or the other Loan Documents or for any purpose except as expressly set forth herein.

  • Continuing Effectiveness, etc As herein amended, the Credit Agreement shall remain in full force and effect and is hereby ratified and confirmed in all respects.