Currently Scheduled Termination Date definition

Currently Scheduled Termination Date means May 1, 2004, provided, however, that such date shall automatically be extended for an additional year on such date and each anniversary thereof, unless (a) any party shall have given notice of termination at least one hundred eighty (180) days prior to the end of the then-current term or (b) as otherwise permitted under the definition of "Termination Date," in which case the termination set forth in such notice shall govern.
Currently Scheduled Termination Date is amended by removing the date "December 31, 1999" and replacing it with the date "December 31, 2000."
Currently Scheduled Termination Date means May 1, 2004, provided, however, that such date shall automatically be extended for an additional year on such date and each anniversary thereof, unless (a) any party shall have given notice of termination at least one hundred eighty (180) days prior to the end of the then-current term or (b) as otherwise permitted under the definition of "Termination Date," in which case the termination set forth in such notice shall govern. "Effective Date" shall have the meaning given such term in Paragraph 20 below. "Guaranty Agreement" means that certain agreement of same name between Program Lender and XXXX for the Bank of America DTC Program dated _____________. "Loan Origination Agreement" shall mean that certain agreement of same name between Program Lender and FMC for the Bank of America DTC Program dated _______________. "Note Purchase Agreement" shall mean that certain agreement of that name between Program Lender and FMC for the Bank of America DTC Program dated ________________. "Notes" shall have the meaning given such term in Recital A above. "Program Manual" shall mean a detailed manual setting forth the terms, conditions, eligibility, policies and procedures for the Bank of America DTC Program as the same may be amended from time to time as provided in Paragraph 7 below. "Program Year" shall mean the period from May 1 through April 30. "Proprietary Information" shall have the meaning given such term in Paragraph 6(b) below. "SPE" shall have the meaning given such term in Recital A above. "Securitization Transaction" shall have the meaning given such term in Recital A above. "Termination Date " shall mean the earliest to occur of: 3 <Page> (a) The Currently Scheduled Termination Date; (b) The date of delivery by FMC, on the one hand, or the Program Lender, on the other hand, of written notice that the other party has failed to consummate a Securitization Transaction pursuant to the Note Purchase Agreement notwithstanding that all conditions precedent to such party's obligation to do so set forth in the Note Purchase Agreement have been satisfied; (c) The sixtieth day following the date of delivery by FMC, on the one hand, or the Program Lender, on the other hand, of written notice that another party has materially breached this Agreement, unless such party cures such breach on or before such sixtieth day, it being expressly understood and agreed that the failure to make any payment required hereunder shall constitute a material breach; (d) Any party h...

Examples of Currently Scheduled Termination Date in a sentence

  • See “Extension of the Currently Scheduled Termination Date and Corresponding Redemption” for more details.


More Definitions of Currently Scheduled Termination Date

Currently Scheduled Termination Date means May 31, 2008.
Currently Scheduled Termination Date means December 31, 1997, as such date may be extended in writing by written agreement of NCT, Marblehead and the Program Lender, given in each party's sole and absolute discretion no later than ninety days prior to the then Currently Scheduled Maturity Date.
Currently Scheduled Termination Date is hereby amended to read:
Currently Scheduled Termination Date means December 31, 2002, provided, however, that such date shall automatically be extended for an additional year on such date and each anniversary thereof, unless either party shall have given notice of termination as otherwise permitted under the definition of "Termination Date," in which case the date of termination set forth in such notice shall govern.

Related to Currently Scheduled Termination Date

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Stated Termination Date means December 31, 2000.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Lease Termination Date means the last day of the Lease Term.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Agreement Termination Date is defined in Section 7.4.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Revolver Termination Date means the date that is the three (3) year anniversary of the Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Existing Termination Date as defined in Section 2.18.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.