Examples of Commitment Commencement Date in a sentence
Credit Extensions in respect of a Credit Facility may be requested by Borrower to be made by the applicable Lenders on any Business Day during the Draw Period for such Credit Facility, but no Credit Extensions in respect of a Credit Facility shall be made before the applicable Commitment Commencement Date or after the applicable Commitment Termination Date.
If the conditions set out in this clause 2.3 have been met, the establishment of Facility C is effected on the Facility C Commitment Commencement Date.
In addition, the ACC Parties shall be entitled to a credit against such Annual Commitment in an amount equal to IP transport services used by the TelCove Parties under this Agreement (at a rate equal to $100 for each one Megabit per second (1Mbps) per month) during the period between the Global Closing Date and the Commitment Commencement Date.
The Swing Line Lender agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Swing Line Advance”) to the Borrower from time to time on any Business Day during the period from the Swing Line Commitment Commencement Date until the Commitment Termination Date in an amount not to exceed the Swing Line Lender’s Unused Swing Line Commitment on such Business Day.
A "Commitment Period" shall mean each of the following periods (i) the period beginning on the Commitment Commencement Date and ending on July 30, 2002 (the "Initial Commitment Period"), (ii) the period beginning on July 31, 2002 and ending on July 30, 2003, (iii) the period beginning on July 31, 2003 and ending on July 30, 2004, (iv) the period beginning on July 31, 2004 and ending on July 30, 2005, and (v) the period beginning on July 31, 2005 and ending on July 30, 2006 (the "Final Commitment Period").
If the Subscriber is unable to provide the Corporation with a Price Posting Feed to the eSpeed Platform by August 29, 2001 the "Commitment Commencement Date" shall mean the date that the Corporation is provided with a Price Posting Feed to the eSpeed Platform but in no event shall the Commitment Commencement Date be later than September 13, 2001.
Therefore, the first annual period for the purpose of calculating the Annual Commitment (and the first quarter for the purpose of calculating the Quarterly Commitment) shall commence on the Commitment Commencement Date.
The "Commitment Commencement Date" shall mean July 30, 2001 so long as the Subscriber shall provide the Corporation with a Price Posting Feed to the eSpeed Platform (as defined in and pursuant to the Agreement) by August 29, 2001.
Unless otherwise expressly provided herein, each reference in this Agreement to a year or an annual period shall be deemed to be a reference to the twelve (12) month period commencing with the Commitment Commencement Date, or an anniversary thereof, and ending on the next succeeding anniversary of the Commitment Commencement Date, and each reference to a quarter shall be deemed to be a reference to any of the four consecutive three month periods in any such annual period.
For any Credit Extension requested under a Credit Facility (other than Credit Extensions on the Closing Date), Agent must receive the completed Credit Extension Form by 12:00 noon (New York time) [***] prior to the date the Credit Extension is to be funded (but, for the avoidance of doubt, such notice may not be sent prior to the applicable Commitment Commencement Date for such Credit Facility).