Examples of Approval Period Termination Date in a sentence
In the event that Pledgor believes that a notice contains material, non-public information relating to Pledgor or any of its Subsidiaries, Pledgor so shall indicate to the Collateral Agent and any applicable Noteholder contemporaneously with delivery of such notice, and in the absence of any such indication, the Collateral Agent and each Noteholder shall be allowed to presume that all matters relating to such notice do not constitute material, non-public information relating to Pledgor or its Subsidiaries.
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.
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.
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.
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.
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.
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.
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.
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.