Borrowing Expiration Date definition

Borrowing Expiration Date means July 21, 2013, as such date may be extended in writing by Lenders, in their sole discretion, on which date the Commitment will expire of its own term; provided, however, the Lenders shall review annually commencing effective July 21, 2012, whether they will continue to provide for the availability of Warehousing Advances and other credit accommodations under this Agreement and, to the extent that any one or more of the Lenders determines, in its sole discretion, not to continue to extend the availability of Warehousing Advances and other credit accommodations under this Agreement, written notice of such Lenders unwillingness to continue to provide a Warehousing Advances and other credit accommodations shall be given to the Borrower at least 90 days before the effective date of such termination of availability, which date shall then be the Borrowing Expiration Date for such Lender or Lenders.
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Borrowing Expiration Date means May 25, 2017, on which date the Commitments will automatically and without notice expire; provided, however, notwithstanding the forgoing, the “Borrowing Expiration Date” with respect to an approved Multiple Advance Mortgage Loan will be the Business Day before the last day of the Warehouse Period applicable to such Multiple Advance Mortgage Loan.
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Borrowing Expiration Date set forth in Section 12.1 of the Credit Agreement is hereby amended by deleting the reference to “May 25, 2017” contained therein and replacing it with “May 24, 2018”.
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Examples of Borrowing Expiration Date in a sentence

  • The Commitments of all of the Lenders hereunder to fund new Warehousing Advances shall expire on the Borrowing Expiration Date.

  • If the Borrowing Expiration Date occurs on a day other than the last day of a Calendar Quarter, Borrower shall pay the prorated portion of the Non-Usage Fee due from the beginning of the then current Calendar Quarter to and including that date.


More Definitions of Borrowing Expiration Date

Borrowing Expiration Date means October 4, 2013, on which date the Commitment will expire of its own term.
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Related to Borrowing Expiration Date

  • Revolving Credit Expiration Date means December 31, 2010, or such later date as to which the Lender shall, in its discretion, agree to extend the Revolving Credit Expiration Date.

  • Letter of Credit Expiration Date means the day that is seven days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Commitment Expiration Date means the date on which IHCDA’s commitment under the Program expires.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Final Expiration Date shall have the meaning set forth in Section 7(a) hereof.

  • Term Expiration Date means the earlier of (i) the date that is thirty (30) years after the Term Commencement Date; provided that if such date occurs within an NFL Season or within thirty (30) days following an NFL Season, such date shall be automatically extended to the date that is thirty (30) days following the end of such NFL Season, as applicable, or (ii) the date on which the Stadium Lease is terminated pursuant to the express rights and terms of the Stadium Lease.

  • Initial Expiration Date shall have the meaning set forth in Section 1.1(d).

  • Non-Expiring Credit Commitment has the meaning set forth in Section 2.04(g).

  • Swingline Expiry Date means that date which is five Business Days prior to the Revolving Loan Maturity Date.

  • Warrant Expiration Date means 5:00 P.M. (New York time) on __________, 2001 or the Redemption Date as defined in Section 8, whichever is earlier; provided that if such date shall in the State of New York be a holiday or a day on which banks are authorized or required to close, then 5:00 P.M. (New York time) on the next following day which in the State of New York is not a holiday or a day on which banks are authorized or required to close. Upon notice to all warrantholders the Company shall have the right to extend the warrant expiration date.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Stated Expiration Date has the meaning specified in Section 3.05(d).

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Commitment Termination Date means the earliest of (i) November 3, 2017, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.9 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise); provided, that, with respect to any Extended Revolving Commitment (and the Extended Revolving Loans made pursuant thereto), the termination date set forth in the Extension Offer with respect thereto.

  • Revolving Credit Maturity Date means the date that is six years after the Closing Date, or, if such date is not a Business Day, the next preceding Business Day.

  • Offer Expiration Date has the meaning specified in Section 4.04(e) hereof.

  • Scheduled Expiration Date is defined in Schedule 1 to the Lease.

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Revolving Facility Termination Date means the earlier of (i) January 29, 2013, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Lease Expiration Date means the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Commitment Expiry Date means the date that is three (3) years following the Closing Date.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.