EXTENSION TERM ADJUSTMENT. DATES: During any Extended Terms, the tenth (10th), fifteenth (15th) and twentieth (20th) anniversaries of the Conversion Date.
EXTENSION TERM ADJUSTMENT. DATES: The first day of each Extended Term.
Contract Term Adjustment means adjustment only as provided for in the three circumstances described in this Subsection. Under these circumstances, the contract term shall be adjusted in writing to include additional calendar days in one or more Normal Operating Seasons equal to the actual time lost, except as limited by paragraph (b) in this Subsection.
Extension Term means the time period defined in §2.C.
Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).
Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.
Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.
Initial Term Loan shall have the meaning provided in Section 2.1(a).
Additional Term Loan has the meaning specified in Section 2.01(c).
Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.
Material Project EBITDA Adjustments means, with respect to each Material Project:
Extended Term Loans has the meaning specified in Section 2.15(a).
Term SOFR Adjustment means a percentage equal to 0.10% per annum.
Base Year means the period set forth in Section 5 of the Summary.
Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).
Extended Term shall have the meaning given such term in Section 2.4.
Debt service extension base means an amount equal to that
Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.
Incremental Term Loan has the meaning set forth in Section 2.14(b).
Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).
Second Extension Period means the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.
Incremental value means a figure derived by multiplying the marginal value of the property located within a project area on which tax increment is collected by a number that represents the adjusted tax increment from that project area that is paid to the agency.
Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.
XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.
First Extension Period means the period of one (1) Contract Year commencing immediately after the conclusion of the Initial Exploration Period.
Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).
Three-Month Term SOFR means the rate for Term SOFR for a tenor of three months that is published by the Term SOFR Administrator at the Reference Time for any Floating Interest Period, as determined by the Calculation Agent after giving effect to the Three-Month Term SOFR Conventions.
Resolution Extension Period As defined in Section 2.03(b).