Credit Facilities Termination Date definition

Credit Facilities Termination Date means the date on which all Secured Obligations of the Borrower under or in connection with each Credit Facility have been permanently paid in full and the Lenders have no commitment to provide credit to the Borrower under or in connection with either Credit Facility.
Credit Facilities Termination Date means the date on which all Secured Obligations of the Borrowers under or in connection with each Credit Facility has been permanently paid in full and the Lenders have no commitment to provide credit to either Borrower under or in connection with either Credit Facility.

Examples of Credit Facilities Termination Date in a sentence

  • In seeking such instructions, the Administrative Agent shall submit a specific proposal to the Lenders (prior to the Credit Facilities Termination Date) or Finance Parties (following the Credit Facilities Termination Date).

  • The issuance fee rate specified in this Subsection 1.03(b)(i) shall remain fixed through the Letter of Credit Facilities Termination Date.