Incremental Amendment Effective Date definition
Examples of Incremental Amendment Effective Date in a sentence
On the First Incremental Amendment Effective Date (after giving effect to the incurrence of Tranche B Refinancing Term Loans on such date), the Tranche B Refinancing Term Loan Commitment of each Lender shall terminate.
This Incremental Amendment shall constitute a Loan Document for purposes of the Credit Agreement and from and after the Incremental Amendment Effective Date, all references to the “Credit Agreement” in any Loan Document and all references in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, shall, unless expressly provided otherwise, refer to the Credit Agreement as amended by this Incremental Amendment.
Each Loan Party and Holdings reaffirms its obligations under the Loan Documents to which it is party and the validity, enforceability and perfection of the Liens granted by it pursuant to the Security Agreement on the Incremental Amendment Effective Date.
After the Incremental Amendment Effective Date and the funding of the Term B-3 Loans, without limiting the generality of the foregoing, the Term B-3 Loans (and all Indebtedness relating thereto) constitute Secured Obligations under the Security Agreement.
In addition, on and after the Incremental Amendment Effective Date, this Amendment shall be a Loan Document under the Credit Agreement.