Corrective Extension Agreement definition

Corrective Extension Agreement shall have the meaning provided in Section 2.15(f).
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Corrective Extension Agreement has the meaning specified in Section 2.7(e).
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Corrective Extension Agreement has the meaning specified in Section 2.15(f). “Corresponding Tenor” with respect to any Available Tenor means, as applicable, either a tenor (including overnight) or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor.
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More Definitions of Corrective Extension Agreement

Corrective Extension Agreement shall have the meaning set forth in Section 2.22(e).
Sample 1
Corrective Extension Agreement has the meaning specified in Section 2.15(d). “Covenant Trigger Period” means any period (a) commencing on the date upon which Excess Availability is less than the greater of (i) 10.0% of the Line Cap and (ii) $13,000,00016,500,000 and (b) ending on the date upon which Excess Availability shall have been at least equal to the greater of (i) 10.0% of the Line Cap and (ii) $13,000,00016,500,000 for a period of thirty (30) consecutive calendar days. “Credit Extension” means a Borrowing. “Credit Party” has the meaning specified in Section 9.16. “Cure Amount” has the meaning specified in Section 8.05. “Cure Deadline” has the meaning specified in Section 8.05. “Cure Right” has the meaning specified in Section 8.05. “Daily Simple SOFR” with respect to any applicable determination date means the secured overnight financing rate (“SOFR”) published on such date by the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s website (or any successor source). “Debtor Relief Laws” means the Bankruptcy Code of the United States and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. “Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default. “Default Rate” means an interest rate equal to (a) with respect to any overdue principal for any Loan, the applicable interest rate for such Loan plus 2.00% per annum (provided that with respect to Term SOFR Loans, the determination of the applicable interest rate is subject to Section 2.02(c) to the extent that Term SOFR Loans may not be converted to, or continued as, Term SOFR Loans, pursuant thereto) and (b) with respect to any other overdue amount, including overdue interest, the interest rate applicable to Base Rate Loans plus 2.00% per annum, in each case, to the fullest extent permitted by applicable Laws. “Defaulting Lender” means any Lender that (a) has failed or refused (in writing), within two (2) Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans required to be funded by it to make available its portion of any ...
Sample 1
Corrective Extension Agreement has the meaning specified in Section 2.15(d). “Covenant Trigger Period” means any period (a) commencing on the date upon which Excess Availability is less than the greater of (i) 10.0% of the Line Cap and (ii) $16,500,000 and (b)
Sample 1

Related to Corrective Extension Agreement

  • Corrective Extension Amendment has the meaning specified in Section 2.16(6).

  • Extension Agreement means an Extension Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Company, the Administrative Agent and one or more Extending Lenders, effecting an Extension Permitted Amendment and such other amendments hereto and to the other Loan Documents as are contemplated by Section 15.1.1.

  • Service Extension shall have the meaning set forth in Section 7.1(c).

  • Time Extension shall have the meaning set forth in Clause 10.5;

  • Extension Amendment has the meaning set forth in Section 2.16(d).

  • Line Extension means the provision of facilities (including, but not limited to, poles, fixtures, wires, and appurtenances) necessary for delivering electrical energy from the point of origin to one or more of the customer's points of delivery. Facilities provided by the Company to maintain, protect, upgrade, or improve its overall distribution system (even if necessary due to a customer's load addition) are not considered part of a line extension.

  • Debt service extension base means an amount equal to that

  • Restatement Agreement has the meaning set forth in the introductory statement of this Agreement.

  • Extension limitation means (a) the lesser of 5% or the

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • Implementation Agreement means the Implementation Agreement dated ……… by and between the GOB, PGCB and the Company in connection with the Project, and also includes any amendment of it made from time to time;

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Administrative permit amendment means an air quality operating permit revision that:

  • Mutual aid agreement means an agreement between the City and a town or other city for the City’s fire department to provide assistance to the fire department of a town or other city.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Termination Agreement has the meaning set forth in the Recitals.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Environmental and Social Commitment Plan or “ESCP” means the environmental and social commitment plan for the Project, dated May 5, 2023, as the same may be amended from time to time in accordance with the provisions thereof, which sets out the material measures and actions that the Recipient shall carry out or cause to be carried out to address the potential environmental and social risks and impacts of the Project, including the timeframes of the actions and measures, institutional, staffing, training, monitoring and reporting arrangements, and any environmental and social instruments to be prepared thereunder.

  • Major Amendment means any change which is not a minor amendment.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Additional Agreement has the meaning assigned to such term in Article 8.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.