Facility Term Sample Clauses

Facility Term. The Facility Term shall commence as set forth in Section 2.03(a) and shall end on the date that is the later of (a) the last day of the calendar month which is two hundred and forty (240) months from the month of the Firm Operation Date, and (b) December, 31, 2035.
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Facility Term. The term of the Facility will be 5 years from Commencement Date of the original Facility.
Facility Term. The Bond facility will be in effect for no more than 10 years from the date hereof, during which time all payment obligations of the different Bond issues made under this facility must expire. The foregoing notwithstanding, the last Bond issue under the facility may include payment obligations expiring after such 10-year period. The Issuer shall therefore stipulate in the respective instrument or certificate recording such issue that it is the last issue made under this facility.
Facility Term. The term of the Facility will be 5 years from Commencement Date of the original Facility. EXISTING SECURITY DETAILS By signing this document the Member agrees that the security interest the member has granted the Credit Union in the property set out below will continue to secure payment of the Member’s indebtedness to the Credit Union (including, for the purposes of Section 71 and 72 of the Personal Property Security Act 1999) and performance and observance of the terms set out. The Member further agrees to the security interest the Member has granted being registered on the Personal Property Security Register, under the Personal Property Securities Xxx 0000. Security:
Facility Term. The term of the facility hereunder shall be five years from December 30, 2006 to December 1, 2011, and the Grace Period shall be one year from December 30, 2006 to December 29, 2007.
Facility Term. The term of the Facility will be 5 years from Commencement Date of the original Facility. By signing this document the Member agrees that the security interest the member has granted the Credit Union in the property set out below will continue to secure payment of the Member’s indebtedness to the Credit Union (including, for the purposes of Section 71 and 72 of the Personal Property Security Act 1999) and performance and observance of the terms set out. The Member further agrees to the security interest the Member has granted being registered on the Personal Property Security Register, under the Personal Property Securities Act 1999. (Delete one/ two option): Security: Motor Vehicle Make: Model: Year: Registration Number: VIN Number: Owned by: Police Superannuation Scheme Member Number: Owned by: Government Superannuation Fund Member Number: Owned by: A Loan Facility Agreement Variation fee of $50.00 will apply, and will be capitalised to the Facility Amount drawn down.

Related to Facility Term

  • Facility Termination Date Any outstanding Loans and all other unpaid Obligations (other than contingent indemnity obligations) shall be paid in full by the Borrower on the Facility Termination Date. Notwithstanding the termination of this Agreement on the Facility Termination Date, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrower and the Lenders hereunder and under the other Loan Documents shall have been terminated, all of the rights and remedies under this Agreement and the other Loan Documents shall survive.

  • Extended Term Tenant shall have the option to extend the Term for two (2) consecutive five (5) year periods (the "FIRST EXTENDED TERM" and "SECOND EXTENDED TERM", respectively) on all the terms and conditions contained in this Lease including, without limitation, continuation of the adjustment of the Base Rent on an annual basis as provided in Section 3.3 below (provided only that upon commencement of the First Extended Term the only remaining option to extend the Term shall be the Second Extended Term and upon exercise of the option with respect to the Second Extended Term, no further right to extend the Term shall exist). Tenant shall deliver, if at all, written notice of its exercise of the option ("OPTION NOTICE") to Landlord at least six (6) months but not more than one (1) year before the expiration of the Term or First Extended Term, as the case may be. In the event Tenant fails to deliver the applicable Option Notice within the time allowed, Landlord shall deliver written notice to Tenant of Tenant's failure to deliver the Option Notice, and Tenant shall then have thirty (30) days from receipt of such notice within which to deliver the Option Notice, if at all, to Landlord. In the event (and only in the event) that, Tenant fails to deliver an Option Notice to Landlord within such thirty (30) days, Tenant shall be considered to have elected not to extend the Term of this Lease and thereafter, Tenant shall have no further right to extend the Term of this Lease. References in this Lease to the "Term" shall include the initial Term of fifteen (15) years and shall, in addition, include the First Extended Term and the Second Extended Term, if applicable.

  • Extension Term The Term of this Lease of all of the Premises may be extended for the Extension Term by unconditional written notice from Tenant to Landlord at least twelve (12) (but not more than fifteen (15)) months before the end of the Initial Term, time being of the essence. If Tenant does not timely exercise this option, or if on the date of such notice or at the beginning of the Extension Term (i) an Event of Default by Tenant exists, or (ii) Tenant is not leasing sixty percent (60%) or more of the Premises, or (iii) Tenant has made any Transfer under Article 13 (other than a Related Party Transfer), at Landlord’s option upon written notice to Tenant, Tenant’s right to extend the Term of this Lease shall irrevocably lapse and be void and of no further force and effect, Tenant shall have no further right to extend, and this Lease shall expire at the end of the Initial Term. If Tenant fails to timely exercise its rights hereunder, then within seven (7) days of Landlord’s request therefor, Tenant shall execute and deliver to Landlord a certification, in recordable form, confirming the Tenant’s failure to exercise (or waiver of) such right, and Tenant’s failure to so execute and deliver such certification shall (without limiting Landlord’s remedies on account thereof) entitle Landlord to execute and deliver to any third party, and record, an affidavit confirming the failure or waiver, which affidavit shall be binding on Tenant and may be conclusively relied on by third parties. All references to the Term shall mean the Initial Term as it may be extended by the Extension Term. The Extension Term shall be on all the same terms and conditions except that the Base Rent for the Extension Term shall be as set forth below.

  • Termination Date The Executive’s “Termination Date” shall be:

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