Credit Event Date definition

Credit Event Date means the day on which the Calculation Agent gives notice to the Company that a Credit Event has occurred.

Credit Event Date means the date as notified by the Issuer in the Credit Event Notice which shall be the date on which a Credit Event has occurred as Resolved by the Credit Derivatives Determinations Committee and published on the website http://dc.isda.org or any successor website or as determined by the Calculation Agent in its reasonable discretion (§ 315 BGB).

Credit Event Date means the date of a Credit Event.

Examples of Credit Event Date in a sentence

• The obligation of each Lender to make the Initial Extension of Credit shall not become effective until the date on which each of the following conditions, and each of the conditions set forth in Section 3.02, is satisfied (or waived in accordance with Section 11.02); provided that each of the conditions set forth in this Section 3.01 shall be satisfied or waived no later than the Initial Credit Event Date.

• Each of the conditions set forth in Section 3.12 shall be satisfied with respect to Borrower, each Equity Party, each Subject Intermediate Holding Company, the Subject Project Company and the Subject Project as of the Credit Event Date.

• The event the subject of the Credit Event need not be continuing on the Credit Event Date nor on the date the Noteholders are notified by the Principal Paying Agent on behalf of the Company of the determination by the Calculation Agent of the existence or occurrence of a Credit Event.

• If the Subject Project is the fourth Project to become an Approved Project hereunder (other than in connection with the substitution of a Substitute Project for an Approved Project in accordance with Section 3.11), the aggregate amount of (a) Incremental Commitments plus (b) at the election of Borrower in its sole discretion, Permitted Additional Equity, as of March 31, 2002 and as of the Credit Event Date, shall be at least $625,000,000.

• If the Credit Event Date is on or after January 15, 2002, the A.L.T.A. surveys delivered for the Subject Project pursuant to Section 3.2.22 shall have been certified to Administrative Agent by a licensed surveyor reasonably satisfactory to Administrative Agent.

More Definitions of Credit Event Date

Credit Event Date. (Kreditereignistag) means [the date as notified by the Calculation Agent in the Credit Event Notice which shall be [the date on which a Credit Event has occurred [as Resolved by the Credit Derivatives Determinations Committee or] as determined by the Calculation Agent in its reasonable discretion (§ 317 BGB)]. [If appropriate, insert other definition.]

Credit Event Date means the day on which the Calculation Agent gives notice to the Company that a Credit Event has occurred.The following provisions shall apply to Reference Entities in respect of which a Restructuring Credit Event has occurred and in respect of which “Multiple Credit Event Notices” is specified as being applicable in the relevant Standard:A Reference Entity which has been subject to a Restructuring Credit Event and in respect of which “Multiple Credit Event Notices” is specified as being applicable in the relevant Standard shall be treated as a separateDefaulted Credit in respect of each Valuation Date Designation Notice with a Credit Position equal to the relevant Designated Amount and all provisions related to the calculation of principal and interest payable under the Notes shall be construed accordingly. Notwithstanding the provisions of Condition 11 where the Notes provide that following the occurrence of a Credit Event (and satisfaction of any conditions related thereto) the Redemption Amount shall become due, the Redemption Amount shall not become due as a result of a Restructuring Credit Event unless a Valuation Date Designation Notice has been given and only in respect of the Designated Amount. Notwithstanding the provisions of Condition 6 no adjustment to the amount of interest payable in respect of the Notes shall be made as a result of a Restructuring Credit Event unless a Valuation Date Designation Notice has been given and only in respect of the Designated Amount. For the avoidance of doubt a Restructuring Credit Event must occur on or prior to the Credit Observation End Date or as the case may be the Cut-off Date but a Valuation Date Designation Notice may be given after the Credit Observation End Date or as the case may be the Cut-off Date.Where the Notes provide that following the occurrence of a Credit Event (and satisfaction of any conditions related thereto) there shall be a Liquidation of the Outstanding Charged Assets, following each Valuation Date Designation Notice there shall be a Liquidation of a proportionate amount of the Outstanding Charged Assets equal to the proportion which the relevant Designated Amount bears to the Credit Position of the relevant Defaulted Credit and for this purpose, notwithstanding Condition 4(d), the “ Liquidation Period” shall be the period from and including the later of (i) the day on which the Valuation Date Designation Notice is given to but excluding the date falling 7 Payment Business Days after ...

Credit Event Date means the Closing Date and each other date on which any Borrowing is made or any Letter of Credit is issued, amended, renewed or extended.

Credit Event Date means the date on which (i) the Consolidated EBITDA of Holdings and its Subsidiaries is at least $25 million, and (ii) the ratio of the Consolidated Indebtedness of Holdings and its Subsidiaries to Consolidated EBITDA of Holdings and its Subsidiaries is less than 3.5:1.

Credit Event Date means the date of making any Credit Extension.

Credit Event Date means the date of occurrence of any Credit Event.

Credit Event Date means the date of the making of a Revolving Loan by the Lenders or of the issuance of a Letter of Credit by the LC Bank.