Deferred Payment Termination Date definition

Deferred Payment Termination Date means the earliest of the occurrence of (i) the earliest to occur of (a) the fifth day following February 28, 2011 (or if such fifth day is not a business day, the next succeeding business day) (as such date may be extended pursuant to the terms of this definition) unless the AIP Condition (as defined in the Credit Agreement) has been satisfied on or prior to February 28, 2011 (or such extended date), (b) the fifth day following

Deferred Payment Termination Date means the earliest of the occurrence of (i) December 31, 2010 (unless prior to such date the Supermajority Funds have agreed to continue deferring the Monthly Amortization Payments and Monthly Interest Payments during the 2011 calendar year), (ii) any Deferral Termination Event, (iii) an Event of Default described in clauses (e), (f) or (g) of Article VIII herein, (iv) the occurrence of an Event of Default (other than as described in the foregoing clause (ii)) which continues without being either cured or waived in accordance with the terms hereof within five (5) Business Days after a Financial Officer has actual knowledge of such occurrence, and (v) the amendment, modification, supplementation or alteration of the Senior Credit Facility after the Amendment 2 Effective Date which imposes any mandatory prepayment, commitment reduction, additional interest or fee or any other incremental payment to the Lenders (as defined in the Senior Credit Facility) not required as of the Amendment 6 Effective Date unless the Funds receive a proportionate additional payment in respect of the Deferred Pension Obligations at the time that the Obligors are required to make an additional payment to the lenders under the Senior Credit Facility pursuant to the terms of such amendment, modification, supplementation or alteration (unless prior to such date the Supermajority Funds have agreed to (x) waive any such proportionate additional payments and (y) continue deferring Monthly Amortization Payments and Monthly Interest Payments as otherwise required pursuant to this clause (v)); provided, that, for the avoidance of doubt, granting of consent by the lenders under the Senior Credit Facility to permit an asset sale shall not by itself trigger this clause (v).”

Deferred Payment Termination Date set forth in Section 1.01 of the Agreement is amended and restated as follows:

Examples of Deferred Payment Termination Date in a sentence

• The Co-Agents consented to Credit Agreement Amendment 20 and agreed to extend the deferral of interest and fees to the fifth day following July 22, 2011 (or if such fifth day is not a business day, the next succeeding business day) (as such date may be extended pursuant to the definition of Deferred Payment Termination Date below) so long as the Amortization Date (as defined in the ABS Facility) or the Deferred Payment Termination Date does not occur prior to that date.

• She welcomed the consolidated draft of the new Convention to Facilitate the Crossing of Frontiers for Passengers and Baggage carried by Rail, which was now available in the three official UNECE languages for consideration by WP.30 and by the Working Party on Rail Transport (SC.2).

• The obligation to pay a Milestone Payment upon occurrence of an event shall terminate if the applicable event has not occurred prior to the Deferred Payment Termination Date.

• The “ Deferred Payment Termination Date ” shall be the earliest to occur of the following: (i) the Termination Date pursuant to Section 20 ; (ii) upon notice by Aron after the occurrence and during the continuance of any Event of Default with respect to the Company (other than an Event of Default under Section 19.1(d) ); (iii) upon the occurrence of an Event of Default with respect to the Company under Section 19.1(d) ; and (iv) such date as the Parties shall mutually agree in writing.

• From and after the Commencement Date until the Deferred Payment Termination Date (the “ Deferred Payment Period ”), payment of amounts due from the Company to Aron or Aron to the Company under this Agreement shall be deferred or applied to the extent provided in, and subject to the terms and conditions of, this Article 11 .

More Definitions of Deferred Payment Termination Date

Deferred Payment Termination Date has the meaning specified in Section 11.6(b).

Deferred Payment Termination Date has the meaning set forth in Section 1.5(a) of the Sale Agreement.

Deferred Payment Termination Date means the earliest of the occurrence of (i) the earliest to occur of (a) the fifth (5th) day following February 28, 2011 (or if such fifth day is not a Business Day, the immediately following Business Day) (as such date may be extended pursuant to the terms of this definition) unless the AIP Condition has been satisfied on or prior to February 28, 2011 (or such extended date), (b) the fifth (5th) day following March 15, 2011 (or if such fifth day is not a Business Day, the immediately following Business Day) (as such date may be extended pursuant to the terms of this definition) unless the Documentation Condition has been satisfied on or prior to March 15, 2011 (or such extended date) and (c) the earlier of (1) the fifth (5th) day following the Restructuring Closing Date (or if such fifth day is not a Business Day, the immediately following Business Day) and (2) the fifth (5th) day following May 13, 2011 (or if such fifth day is not a Business Day, the immediately following Business Day) (or, in the case of each of the foregoing clauses (a), (b) and (c), such later date as may be agreed to by the Supermajority Lenders and the Company but in no event to be later than December 31, 2011) and (ii) any Deferral Termination Event.

Deferred Payment Termination Date means the earliest of the occurrence of (i) the earliest to occur of (a) the fifth day following February 28, 2011 (or if such fifth day is not a business day, the next succeeding business day) (as such date may be extended pursuant to the terms of this definition) unless the AIP Condition (as defined in the Credit Agreement) has been satisfied on or prior to February 28, 2011 (or such extended date), (b) the fifth day following April 29, 2011 (or if such fifth day is not a business day, the next succeeding business day) (as such date may be extended pursuant to the terms of this definition) unless the Documentation Condition has been satisfied in a manner acceptable to the Agents on or prior to April 29, 2011 (or such extended date) and (c) the fifth day following the Restructuring Closing Date (or if such fifth day is not a business day, the next succeeding business day) (or, in the case of each of the foregoing clauses (a), (b) and (c), such later date as may be agreed to by the Required Co-Agents and YRRFC, but in no event to be later than December 31, 2011) and (ii) any Deferral Termination Event (as defined in the Credit Agreement). Pursuant to the terms of the ABS Amendment 22, the Co-Agents have acknowledged that the Term Sheet satisfied the AIP Condition. The Documentation Condition was satisfied on April 29, 2011 pursuant to ABS Amendment 23 (as defined below).

Deferred Payment Termination Date shall have the meaning set forth in Section 1.5(a) of the Agreement. “Disclosure Schedule” shall mean the Disclosure Schedule that has been prepared by Seller in accordance with Section 9.6 of the Agreement and that has been delivered by Seller to Purchaser on the date of the Agreement.

Deferred Payment Termination Date has the meaning specified in the Co-Agent Fee Letter.

Deferred Payment Termination Date shall be the earliest to occur of the following: (i) the Termination Date pursuant to Section 20; (ii) upon notice by Xxxx after the occurrence and during the continuance of any Event of Default with respect to the Company (other than an Event of Default under Section 19.1(d)); (iii) upon the occurrence of an Event of Default with respect to the Company under Section 19.1(d); and (iv) such date as the Parties shall mutually agree in writing.