Cause for Accelerated Maturity definition

Cause for Accelerated Maturity has the meaning assigned to this term in the Credit Agreement.
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Cause for Accelerated Maturity means any of the assumptions referred to in Clause Twenty of this Agreement.
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Examples of Cause for Accelerated Maturity in a sentence

  • Unless a Cause for Accelerated Maturity has occurred and continues to exist, the Trustor may (i) use the movables that form part of the Chrysler Properties in the ordinary course of its business and in accordance with their nature, and (ii) subject to the statements appearing below, replace and refurbish the movables that form part of the Chrysler Properties in the ordinary course of its business and to the extent permitted in accordance with the terms of the Credit Agreement.

  • Unless a Cause for Accelerated Maturity has occurred and continues to exist, the Trustor may (i) use the Machinery and Equipment in the ordinary course of its business and in accordance with the nature of said Machinery and Equipment, and (ii) subject to the statements appearing below, replace and refurbish the Machinery and Equipment in the ordinary course of its business and to the extent permitted in accordance with the terms of the Credit Agreement.

  • Moreover, the Trustee shall provide Chrysler Canada with written notice of the details of the Collection Account opened by the Trustee, into which Chrysler Canada shall deposit all payments derived from the Collection Rights derived [from] Export Sales to Chrysler Canada in accordance with the terms of Chrysler Canada’s consent in the event that the Trustee notifies Chrysler Canada that a Cause for Accelerated Maturity has arisen and continues to exist.

Related to Cause for Accelerated Maturity

  • Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Section 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is after March 31, 2002.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • Expected Maturity Date means June 15, 2021.

  • Scheduled Maturity Date means the date specified in the Adoption Annex.

  • Postponed Maturity Date means the tenth Business Day following the originally scheduled Maturity Date;

  • Stated Maturity Date has the meaning specified in Section 2.1 hereof.

  • Applicable Maturity Date has the meaning assigned to such term in Section 2.25(a).

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Final Scheduled Maturity Date The Final Scheduled Maturity Date for each Class of Certificates is May 25, 2034, which corresponds to the "latest possible maturity date" for purposes of Section 860G(a)(1) of the Internal Revenue Code of 1986, as amended. Fitch: Fitch Ratings, or its successor in interest.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);

  • Extended Maturity Date has the meaning specified in Section 2.17(a).

  • Class B Maturity Date means the January 2040 Distribution Date.

  • Acceleration Date means the earlier of the date of stockholder approval or approval by the Company's Board of Directors of (i) any consolidation or merger of the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of Company Common Stock would be converted into cash, securities or other property, other than a merger of the Company in which stockholders of the Company immediately prior to the merger have the same proportionate ownership of stock in the surviving corporation immediately after the merger; (ii) any sale, exchange or other transfer (in one transaction or a series of related transactions) of all or substantially all of the assets of the Company; or (iii) any plan of liquidation or dissolution of the Company.

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

  • Legal Maturity Date means July 15, 2024.

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Equipment Maturity Date is defined in Section 2.1.1.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Latest Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Loan or Commitment hereunder at such time, including the latest maturity or expiration date of any Other Term Loan, any Other Term Commitment, any Other Revolving Loan or any Other Revolving Commitment, in each case as extended in accordance with this Agreement from time to time.