 When is the FILO Facility established?
If the FILO Facility is established after July 21, 2015 in accordance with this Section, the Agent (in consultation with the Borrowers) shall determine the effective date and the final allocation of the FILO Commitments. The Agent shall promptly notify the Borrowers and the FILO Lenders of such final allocation and the effective date of the FILO Facility, and on the effective date the Schedule to the Agreement shall be deemed modified, without further action, to reflect the FILO Commitments of the FILO Lenders.
July 21, 2015