Deferral Period Termination Date definition

Deferral Period Termination Date means that date which is the earliest of (a) 5:00 p.m. (Mountain time) on December 20, 2019, (b) the occurrence of a Deferral Period Termination Event, or (c) the occurrence of an Event of Default under the Loan Documents (excluding therefrom, however, the Excluded Events, the occurrence of which, whether prior to or during the Deferral Period, shall not constitute an Event of Default during the Deferral Period).”
Deferral Period Termination Date means that date which is the earlier of (a) 11:59 p.m. (Mountain time) on July 15, 2019 or (b) the occurrence of an Event of Default under the Loan Documents (excluding therefrom, however, the Excluded Events, the occurrence of which, whether prior to or during the Deferral Period, shall not constitute an Event of Default during the Deferral Period).
Deferral Period Termination Date has the meaning set forth in the Fourth Amendment.

Examples of Deferral Period Termination Date in a sentence

  • All other principal installments payable under the Term Note prior to the occurrence of the Deferral Period Termination Date (including, without limitation, the principal installment payable on August 20, 2019) shall remain due and payable upon their respective payment dates.

  • Payment of each principal installment that becomes due and payable under the Term Note during the Deferral Period shall be deferred to (and shall be immediately due and payable upon) the Deferral Period Termination Date.

  • Payment of the principal installments payable under the Term Note on February 20, 2019 and May 20, 2019 shall be deferred to (and shall be immediately due and payable upon) the Deferral Period Termination Date.

  • The Company will maintain the Working Capital of the Consolidated Group at not less than: (a) $15,000,000, commencing on the Fourth Amendment Date and continuing at all times thereafter during the Deferral Period, measured as of the last day of each calendar month; and (b) $30,000,000, commencing on the Deferral Period Termination Date and continuing at all times thereafter, measured as of the last day of each calendar month.

  • Payment of the principal installments payable under the Term Note on February 20, 2019, May 20, 2019, and November 20, 2019 shall be deferred to (and shall be immediately due and payable upon) the Deferral Period Termination Date.

  • Subject to compliance with Section 2.6, the Company shall also prepay (for immediately application to the Term Loan) each other principal installment due and payable under the Term Note during calendar year 2019 on or before the Deferral Period Termination Date.


More Definitions of Deferral Period Termination Date

Deferral Period Termination Date means the date that occurs on the earlier of (i) December 29, 2023, (ii) the Spartanburg Closing Date and (iii) the date of the occurrence of an Event of Default under Section 9.1(b).” ““REPA” shall have the meaning specified in Amendment No 2 to Senior Loan Agreement.” ““Spartanburg Closing Date” shall mean the “Closing Date” (as defined in the Spartanburg Purchase Agreement”).” ““Spartanburg Purchase Agreement” shall have the meaning specified in Amendment No 2 to Senior Loan Agreement.” ““Spartanburg Transaction Documents” means, collectively, (i) the Spartanburg Purchase Agreement, (ii) the REPA, (iii) Amendment No. 4 to X. Xxxxx Note and the other Loan Documents (as defined in the X. Xxxxx Note) relating thereto, (iv) this Agreement (as amended by Amendment No. 2 to Senior Loan Agreement) and the other Loan Documents (as defined herein), and (v) any related agreements to any of the foregoing. (c) Section 2.3 of the Loan Agreement is hereby amended by adding a new clause (e) as follows: “(e) Notwithstanding anything to the contrary herein, no interest shall be due and payable on the aggregate outstanding principal amount of the Loans from and including the Payment Date immediately preceding the Amendment No. 2 Effective Date through (but excluding) the Deferral Period Termination Date; provided, however, that on the Deferral Period Termination Date, all interest that was deferred pursuant to the foregoing shall be due and payable in cash at the rate set forth in clause (a) of this Section 2.3. (d) Section 7 of the Loan Agreement is hereby amended and restated in its entirety to read as follows: “7.1.
Deferral Period Termination Date has the meaning specified for such term in SECTION 3(b)(iv) of the Sublease.
Deferral Period Termination Date has the meaning set forth in the Sixth Amendment.

Related to Deferral Period Termination Date

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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).

  • Deferral Period has the meaning set forth in Section 3(i) hereof.

  • 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.

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

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • Stated Termination Date means December 31, 2000.

  • Post-Termination Period means the twelve (12) month period beginning on the Termination Date.

  • 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.

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

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

  • Agreement Termination Date is defined in Section 7.4.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • 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.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

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