Effective Date Repayment definition

Effective Date Repayment means the cash debt repayment on the Effective Date in an aggregate amount not to exceed €1,380,000,000 by the Swiss Borrower to Honeywell and/or a subsidiary of Honeywell with the Net Proceeds of the Term Loans and the Senior Subordinated Notes.
Sample 1Sample 2Sample 3
Effective Date Repayment means the repayment, on or around the Effective Date, in one or more steps, of one or more intercompany loans or notes owed by the Company to a Merck Affiliate.
Sample 1Sample 2Sample 3
Effective Date Repayment means the cash debt repayment within one Business Day the Effective Date in an aggregate amount not to exceed $1,200,000,000 by the Borrower to Honeywell and/or a subsidiary of Honeywell with the Net Proceeds of the Term Loans and the Senior Notes.
Sample 1Sample 2

Examples of Effective Date Repayment in a sentence

  • The Obligation shall be repaid without notice, request, and/or demand within eighteen (18) months from the Effective Date ("Repayment Date")..

  • On the Effective Date, subject to the terms of the DIP Note Purchase Agreement, each Holder of a DIP Facility Claim shall receive, in full and final satisfaction, settlement, release and discharge of its DIP Facility Claim, its Pro Rata share of (i) Cash in an amount equal to the DIP Facility Effective Date Repayment Amount and (ii) (at each such Holder’s election) the Roll-Over Notes or the loans under the Roll-Over Facility (if any).

  • Payment of the DIP Facility Effective Date Repayment Amount shall have occurred or shall occur simultaneously with Consummation.

  • Each of Holdings and the Borrower will, and will take reasonable action to(a) cause each of its Restricted Subsidiaries to, comply witthe proceeds of the Senior Notes and h all Requirements of Law (including ERISA, Environmental Laws and the USA PATRIOT Act) with respect to it or its prop,erty, excethe Effective Date Repayment and the Post-Effective Date Repayment and (iii) general corporate purposes.

  • Termination Date: 60 months from the Effective Date Repayment: Bullet repayment on the Termination Date subject to any prepayments made in accordance with these Terms of Restructuring.

  • The proceeds of the Term Loans and Revolving Loans made on the Effective Date will be used solely for the payment of the Effective Date Repayment and the Effective Date Dividend and fees and expenses payable in connection with the Transactions.

  • Notwithstanding anything to the contrary herein, this Section 2.15 shall apply with respect to any funding losses, costs and expenses due and payable to any Existing Lender in connection with the Existing Credit Agreement and the Effective Date Repayment.


More Definitions of Effective Date Repayment

Effective Date Repayment means the cash settlement to be made by the Company of intercompany indebtedness owing to Dover on the Effective Date in an aggregate amount not to exceed $450,000,000.
Sample 1
Effective Date Repayment means the cash debt repayment within one Business Day the Effective Date in an aggregate amount not to exceed
Sample 1
Effective Date Repayment means, collectively, (i) the repayment of all outstanding Revolving Loans and Swingline Loans (each as defined in the Existing Credit Agreement) and the payment of all accrued and unpaid interest and fees (including but not limited to commitment fees, letter of credit fees and fronting fees) under the Existing Credit Agreement and (ii) the payment of all reasonable and documented out-of-pocket expenses incurred by the Existing Agent, including Paul Hastings LLP’s outstanding legal fees and expenses incurred in connection with its representation of the Existing Agent.
Sample 1
Effective Date Repayment means, collectively, (i) the repayment of all outstanding Revolving Loans and Swingline Loans (each as defined in the Existing Credit Agreement) and the payment of all accrued and unpaid interest and fees (including but not limited to commitment fees, letter of credit fees and fronting fees) under the Existing Credit Agreement and (ii) the payment of all reasonable and documented out-of-pocket expenses incurred by the Existing Agent, including Xxxx Xxxxxxxx LLP’s outstanding legal fees and expenses incurred in connection with its representation of the Existing Agent.
Sample 1

Related to Effective Date Repayment

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Facility Increase Request means the notice in the form of Exhibit H pursuant to which the Borrowers request an increase of the Maximum Commitment in accordance with Section 3.6.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Commitment Increase Effective Date has the meaning set forth in Section 2.02(b).

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Repayment Schedule means the schedule of repayment dates as detailed in Schedule 5 (Loan Repayment Schedule), to be replaced as required in accordance with Clause 5 (Repayment) and Clause 6.10(b) (Partial prepayment of Loans).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Incremental Facility Amendment has the meaning specified in Section 2.14(d).

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Loan Commitments of any Series or Incremental Revolving Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.20.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment or Borrower Solicitation of Discount Range Prepayment Offer, five (5) Business Days following the receipt by each relevant Term Lender of notice from the Auction Agent in accordance with Section 2.11(a)(ii)(B), Section 2.11(a)(ii)(C) or Section 2.11(a)(ii)(D), as applicable unless a shorter period is agreed to between the Borrower and the Auction Agent.