Example ContractsClauseseffective date of planIdentical
Effective Date of Plan
Effective Date of Plan contract clause examples

Effective Date and Allocations. If the Commitment of any Term Loan Lender is increased in accordance with this Section, Administrative Agent and Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. Administrative Agent shall promptly notify Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date. The amount of the installments due on the Term Loans as set forth in [Section 2.7(b)] shall be increased by Administrative Agent (but without the consent of any Lender) on a pro rata basis to reflect such increase.

Source document
Fourth Amendment to Credit Agreement
Source: SEC EDGAR database • Date: May 25, 2023 • SIC: 7363 • CIK: 7363

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