Examples of Approval Period Termination Date in a sentence
In addition, the Lender shall have no obligation to make any disbursement of proceeds under a Project Loan if the initial disbursement of proceeds under such Project Loan is not made on or before the Approval Period Termination Date.
Lender may, in its sole and absolute discretion, consent or not consent to such request by giving written notice thereof to Borrower not less than thirty (30) days prior to the then effective Approval Period Termination Date.
If the Lender consents to such request, the Approval Period Termination Date and the Maturity Date shall each be extended twelve (12) months, or an increment thereof, from the then effective Approval Period Termination Date and Maturity Date, respectively.
Borrower may, not earlier than ninety (90) days and not later than forty five (45) days prior to the then effective Approval Period Termination Date (as it may be extended from time to time pursuant to this Section 2.11), request in writing that the Approval Period and the Maturity Date each be extended for twelve (12) months, or an increment thereof.
RSPN will not make any change in the character of its business or in the Credit and Collection Policy that would, in either case, materially adversely affect the collectibility of the Receivables or its ability to perform its obligations under this Agreement.
Lender may, in its sole and absolute discretion, consent or not consent to such request by giving written notice thereof to Borrower not less than 30 days prior to the then effective Approval Period Termination Date.
During the period from the date of this Loan Agreement through the Approval Period Termination Date, on January 1, April 1, July 1 and October 1 of each year, the Borrower shall pay the quarterly installment of the Commitment Fee due with respect to the applicable annual period.
If the Lender consents to such request, the Approval Period Termination Date and the Maturity Date will each be extended by the time period as agreed to by the parties, from the then effective Approval Period Termination Date and Maturity Date, respectively.
Borrower may, not earlier than 90 days and not later than 45 days prior to the then effective Approval Period Termination Date (as it may be extended from time to time pursuant to this Section 2.12), request in writing that the Approval Period and the Maturity Date each be extended for 12 months, or an increment thereof, or such other time period as proposed by the Borrower.