Commitment Commencement Date definition

Commitment Commencement Date has the meaning given it in the Credit Facility Schedule.
Sample 1Sample 2Sample 3
Commitment Commencement Date. The Commencement Date as defined above. Commitment Ending Date: Thirty-six (36) months following the Commitment Commencement Date.
Sample 1
Commitment Commencement Date. Satisfaction of the Applicable Funding Conditions for this Credit Facility. Commitment Termination Date: the earliest to occur of (a) December 31, 2015, (b) an Event of Default, or (c) the existence of any Default in respect of which Agent has delivered to Borrower a notice terminating the Applicable Commitments. Minimum Credit Extension Amount: $10,000,000 Permitted Purpose: means acquisition financing for a Permitted Acquisition. AMORTIZATION SCHEDULE (FOR EACH CREDIT FACILITY) Credit Facility #1 Commencing on the first day of the full calendar month following the first anniversary of the Closing Date (the “Amortization Start Date”), and continuing on the first day of each calendar month thereafter, an amount equal to the principal amount advanced under Credit Facility #1 divided by the number of full calendar months remaining (including such first full calendar month) before the occurrence of the Maturity Date; provided, however, if consolidated net revenue of the Parent as of the Amortization Start Date is equal to or greater than [figure redacted in accordance with Section 12.2(3) of National Instrument 51-102] for the twelve (12) month period immediately prior to the Amortization Start Date, the principal payments shall commence on the first day of the full calendar month following the eighteen month anniversary of the Closing Date (the “Extended Amortization Start Date”) and shall be in an amount equal to the principal amount advanced under Credit Facility #1 divided by the number of full calendar months remaining (including such first full calendar month) before the occurrence of the Maturity Date. Credit Facility #2 Commencing on the Amortization Start Date or the Extended Amortization Start Date, as the case may be, the principal amount advanced under Credit Facility #2 divided by the number of full calendar months remaining (including such first full calendar month) before the occurrence of the Maturity Date.
Sample 1

Examples of Commitment Commencement Date in a sentence

  • 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.

  • Payment of Franchise Fees to the Grantor shall be subject to applicable law.


More Definitions of Commitment Commencement Date

Commitment Commencement Date is to be nine (9) months following the Commencement Date above Commitment Ending Date: is to be thirty-six (36) months following the Commitment Commencement Date above Terms and conditions contained herein will be offered for fifteen (15) days from May 28, 1997 Mail to: Sales Contract Admin., WorldCom, Inc., 000 Xxxx Xxxxx, Xxxxx 000, Xxxxxxx, XX 00000
Sample 1
Commitment Commencement Date is the same as the Commencement Date above.
Sample 1
Commitment Commencement Date is to be the same as the Commencement Date above Commitment Ending Date: is to be sixty (60) months following the Commitment Commencement Date above
Sample 1
Commitment Commencement Date is to be three (3) months following the Commencement Date above Commitment Ending Date: is to be thirty-six (36) months following the Commitment Commencement Date above
Sample 1
Commitment Commencement Date means the first date on or by which all of the following events shall have occurred: (a) the execution of this Agreement; (b) the closing of the First Tranche; and (c) the conditions precedent set forth in Section 4.01 shall have been met. "COMMITMENT INCREASE DATE" means the first date on which both of the following conditions shall have been satisfied: (i) the closing of the Second Tranche shall have occurred, and (ii) the Borrower shall have delivered to the Lender amended Schedules to this Agreement (to be effective from their date of delivery) which are in form and substance acceptable to the Lender in its sole and absolute discretion.
Sample 1
Commitment Commencement Date means January 8, 2008.
Sample 1

Related to Commitment Commencement Date

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Offering Commencement Date means the first day of each Offering Period.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Interest Commencement Date means the Issue Date of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Billing Commencement Date means the earlier of:

  • Grace Period Extension Date means, if:

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Commitment Date has the meaning specified in Section 2.18(b).

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Commencement Date means the date of this Agreement.

  • Increase Date has the meaning specified in Section 2.18(a).

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.