Drawdown Termination Date definition

Drawdown Termination Date means the earlier of May 21, 2009, or the day on which the Note first becomes due and payable in full.

Drawdown Termination Date means the earliest to occur of:

Drawdown Termination Date means the earlier of January 10, 2007 or the day on which the Notes first become due and payable in full in accordance with the terms thereof or this Agreement.

Examples of Drawdown Termination Date in a sentence

• The Borrower and the Servicer shall each at all times comply with the covenants applicable to it contained in this Article VI, from the date hereof until the later of the Drawdown Termination Date and the date all of the Obligations are paid in full.

• On the date following the Drawdown Termination Date on which all Obligations have been paid in full, all funds then on deposit in the Reserve Account shall be paid to the Borrower, and the Reserve Account shall be closed.

• Interest on each Advance that bears interest at a rate based on the Alternate Base Rate shall be due and payable in arrears on each Settlement Date, on the Drawdown Termination Date and on each day of any prepayment of an Advance to which such interest relates and, thereafter, on demand.

• The entire Loan Balance and all accrued and unpaid interest thereon shall be finally due and payable on the Drawdown Termination Date.

• Prior to the Drawdown Termination Date, Lender may, but shall not be obligated to, make additional advances to Borrower of the Development Loan(s) up to an aggregate of $20,259,000 (less the aggregate amount of Facility Fees) to be used exclusively for certain Development Operations.

More Definitions of Drawdown Termination Date

Drawdown Termination Date means the earliest to occur of (a) June 27, 2009, (b) the date on which the Maximum Facility Amount is terminated by the Borrower pursuant to Section 2.1(d) of the Loan Agreement, (c) the date, on or after the occurrence of an Event of Default, determined pursuant to Section 8.2 of the Loan Agreement and (d) the Annual Extension Date.

Drawdown Termination Date means the earlier of June 29, 1999, or the day on which the Notes first become due and payable in full.

Drawdown Termination Date means the date occurring the first day of the fiscal quarter commencing immediately prior to the fifth anniversary of the Closing Date.

Drawdown Termination Date has the meaning given such term in Section 2.1(a).

Drawdown Termination Date means April 15, 2003, unless the Commitment shall be sooner terminated pursuant to Section 2.03(a) or Section 10.01, or unless extended pursuant to Section 2.01(c).

Drawdown Termination Date means July 1, 1998.

Drawdown Termination Date means the earlier of NOVEMBER 3, 2023, and the date the Indebtedness is accelerated pursuant to the provisions of this Agreement and the other Security Instruments.