Conduit Investment Termination Date definition

Conduit Investment Termination Date means, with respect to any Conduit Lender, the date of the delivery by such Conduit Lender to Borrower of written notice that such Conduit Lender elects, in its sole discretion, not to make any further Loans or participate in any further Letters of Credit hereunder.

Conduit Investment Termination Date means, with respect to any Conduit Investor, the date of the delivery by such Conduit Investor to the SPV of written notice that such Conduit Investor elects, in its sole discretion, to permanently cease to fund Investments hereunder. For the avoidance of doubt, the delivery of any such written notice by such Conduit Investor shall not relieve or terminate the obligations of any Committed Investor hereunder to fund any Investment.

Conduit Investment Termination Date. With respect to any Conduit Investor, the date of the delivery by such Conduit Investor to the SPV of written notice that such Conduit Investor elects, in its sole discretion, to commence the amortization of the related Class Net Investment funded by it or otherwise liquidate its interest in the Asset Interest. Conduit Investors: Enterprise Funding, Market Street, any other special purpose entity that finances its activities directly or indirectly through asset backed commercial paper that becomes a party to this Agreement in accordance with the terms hereof and any Conduit Assignee of any of the foregoing.

Examples of Conduit Investment Termination Date in a sentence

• At all times prior to its Conduit Investment Termination Date, nothing herein shall prevent a Conduit Lender from making a subsequent Loan hereunder, in its sole discretion, following any assignment pursuant to this Section 13.12 or from making more than one assignment pursuant to this Section 13.12.

• After any assignment in whole by a Conduit Lender to its Committed Lenders pursuant to this Section 13.12 at any time on or after its Conduit Investment Termination Date, all payments to be made hereunder by a Borrower Party to the Administrative Agent for the benefit of such Conduit Lender shall be made to the account specified by the applicable Funding Agent in writing to the Administrative Agent and the applicable Borrower Party.

• Upon any assignment in whole by a Conduit Lender to its Committed Lenders on or after its Conduit Investment Termination Date as contemplated hereunder, such Conduit Lender shall cease to make any additional Loans hereunder.

• At all times on and after the Conduit Investment Termination Date for a Conduit Lender, or if Conduit Lender has failed for whatever reason to fund its portion of a Borrowing in full, all Loans shall be made by the Committed Lenders of such Conduit Lender’s Lender Group.

More Definitions of Conduit Investment Termination Date

Conduit Investment Termination Date means the date of the delivery by the CP Issuer to the Transferor of written notice that the CP Issuer elects, in its sole discretion, to commence the amortization of the Net Investment funded by it or otherwise liquidate its interest in the Transferred Interest.

Conduit Investment Termination Date means the date of delivery by XX XXXX to the Borrower of written notice that it elects, in its sole discretion, to permanently cease to fund Loans hereunder.

Conduit Investment Termination Date means the date of delivery by YC SUSI to the Borrower of written notice that it elects, in its sole discretion, to permanently cease to fund Loans hereunder.

Conduit Investment Termination Date means the date of the delivery by the Conduit Investor to the SPV of written notice that the Conduit Investor elects, in its sole discretion, to commence the amortization of the Net Investment funded by it or otherwise liquidate its interest in the Asset Interest.

Conduit Investment Termination Date means (i) with respect to the Purchased A Note, the Class A Conduit Investment Termination Date, (ii) with respect to the Purchased B Note, the Class B Conduit Investment Termination Date and (iii) with respect to the Purchased C Note, the Class C Conduit Investment Termination Date.

Conduit Investment Termination Date. With respect to any Conduit Investor, the earliest to occur of (i) the Commitment Termination Date, (ii) unless the related Class Agent elects otherwise, the date of termination of the commitment of any Program Support Provider under a Program Support Agreement, (iii) the date on which the Commercial Paper issued by any Conduit Investor shall not be rated at least “A-1” by S&P and at least “P-1” by Xxxxx’x and in the case of any Conduit Investor rated by Fitch, at least “F1” by Fitch and (iv) the date of the delivery by such Conduit Investor to the SPV of written notice that such Conduit Investor elects, in its sole discretion, to commence the amortization of the related Class Net Investment funded by it or otherwise liquidate its interest in the Asset Interest. Conduit Investors: Yorktown, Atlantic and any Conduit Assignee thereof, respectively.

Conduit Investment Termination Date. With respect to any Conduit Investor, the earliest to occur of (i) the Commitment Termination Date, (ii) unless the related Class Agent elects otherwise, the date of termination of the commitment of any Program Support Provider under a Program Support Agreement, (iii) the date on which the Commercial Paper issued by any Conduit Investor shall not be rated at least “A-1” by S&P and at least “P-1” by Xxxxx’x and in the case of any Conduit Investor rated by Fitch, at least “F1” by Fitch and (iv) the date of the delivery by such Conduit Investor to the SPV of written notice that such Conduit Investor elects, in its sole discretion, to commence the amortization of the related Class Net Investment funded by it or otherwise liquidate its interest in the Asset Interest. Conduit Investors: Yorktown, Atlantic and any Conduit Assignee thereof, respectively.