Construction Commitment Termination Date definition

Construction Commitment Termination Date means the earliest of (i) August 1, 2004, (ii) the date on which the Construction and Term Loan Commitments are fully drawn, 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).

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Construction Commitment Termination Date means the earlier to occur of (i) the Completion Date and (ii) such earlier date on which the Construction Commitments shall terminate in accordance with Section 2.7 or Article 7 hereof.

Construction Commitment Termination Date means the earliest of (i) October 1, 2005, (ii) the date on which the Commitments are fully drawn, 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).

Examples of Construction Commitment Termination Date in a sentence

The Advances for which Borrower qualifies hereunder shall be made from time to time from the date hereof to and including the Construction Commitment Termination Date.
Accrued commitment fees shall be payable in arrears on the last day of each of March, June, September and December of each year and on the Construction Completion Date and the Revolving Commitment Termination Date, commencing on the first such date after the Closing Date; provided, that any commitment fees accruing after the Construction Commitment Termination Date and the Revolving Commitment Termination Date shall be payable on demand.
The PPA Commercial Operation Date shall not have occurred (a) on or prior to January 12, 2010 unless the Independent Engineer shall have advised Agent in writing that the PPA Commercial Operation Date is expected to occur prior to February 12, 2010 or (b) in all events, on or prior to February 12, 2010; or (ii) the EPC Substantial Completion Date shall not have occurred on or prior to the Construction Commitment Termination Date.
No Advances shall be made after the Construction Commitment Termination Date.
Borrower shall, in any event, complete construction of all Improvements free and clear of all liens on or before the Construction Commitment Termination Date.
Lender shall have no obligation to make any advance hereunder after the Construction Commitment Termination Date.
From and after the Closing Date until the Construction Commitment Termination Date, the Undrawn Commitment Amount shall bear interest at the rate of three-eighths percent (0.375%) per annum (the “Undrawn Commitment Fee”), payable ratably to each Note Holder in arrears on and to each Payment Date.

More Definitions of Construction Commitment Termination Date

Construction Commitment Termination Date means October 1, 2007.

Construction Commitment Termination Date means the earliest of (i) February 28, 2010, (ii) the Tax Equity Closing Date, (iii) the Term Refinancing Closing Date and (iv) such earlier date on which the Commitments are terminated pursuant to subsection 8.2; provided that, if a Force Majeure Event shall occur prior to the date in clause (i), the date in clause (i) shall be extended (but in all events not beyond April 15, 2010) for a number of days equal to the lesser of (a) the number of days the Force Majeure event continues, (b) the number of days by which the Guaranteed EPC Date of Substantial Completion is extended by reason of such Force Majeure event and (c) the number of days by which the Scheduled PPA Commercial Operation Date shall have been extended by reason of such Force Majeure event; provided that, if the extension described in clause (c) terminates prior to the extension described in clause (b) but the PPA Commercial Operation Date occurs prior to the Scheduled PPA Commercial Operation Date (as so extended), then the extension period in clause (b) shall govern.

Construction Commitment Termination Date means the earlier to occur of (i) the Completion Date and (ii) such earlier date on which