Equalization Date definition
Equalization Date means the date on which all outstanding Class B Units have been converted into Class A Units pursuant to Section 4.2(c) or Section 4.7(i).
Equalization Date means the date upon the earliest to occur of (i) the termination of the Commitments pursuant to Section 8.02(a), (ii) the acceleration of the Obligations pursuant to Section 8.02(b), (iii) the occurrence of an Event of Default pursuant to Section 8.01(h), or (iv) the Revolving Facility Termination Date, to the extent that any of the Obligations remain outstanding as of the close of business (local time in the Notice Office) as of such date.
Equalization Date means the first date after ** on which the quotient (expressed as a percentage) obtained by dividing the aggregate Investment Balances of all members of the MWE Liberty Group by the aggregate Investment Balances of all members of the MWE Liberty Group plus all members of the NGPMR Group is equal to or greater than 60%.
Examples of Equalization Date in a sentence
For any Fiscal Year or other allocation period ending on or prior to the Equalization Date, except as set forth in Section 4.2 or Section 4.4, Profit and Loss of the Company for such Fiscal Year or other allocation period shall be allocated to the Members pro rata in accordance with the number of Units held by each such Member.
More Definitions of Equalization Date
Equalization Date means any date on which either (a) an Event of Default described in clause (i) or (j) of Article IX has occurred or (b) the Commitments shall have been terminated prior to the Maturity Date and/or the Loans shall have been declared immediately due and payable, in either case pursuant to Article IX.
Equalization Date means the date that the Equalization Event occurs.
Equalization Date means any date on which either (a) an Event of Default described in clause (i) or (j) of Article IX has occurred or (b) all Commitments shall have been terminated prior to the SecondThird Extended Maturity Date and/or the Loans shall have been declared immediately due and payable, in either case pursuant to Article IX.
Equalization Date means the first Business Day after the First Commercial Sale that the Ledger Account is reduced to zero.
Equalization Date means, (i) with respect to an Equalization Event ----------------- described in clause (i) or (iii) of the definition of Equalization Event in this subsection 1.1, 11:00 a.m., New York City time, on the second Business Day immediately succeeding the date on which such Equalization Event occurs and (ii) with respect to an Equalization Event described in clause (ii) of the definition of Equalization Event in this subsection 1.1, 11:00 a.m., New York City time, on the date such Equalization Event occurs.
Equalization Date means each of the following: (a) each anniversary of the Trigger Date (or if any such day is not a Business Day, the immediately following Business Day) that occurs prior to the Final Distribution Date; (b) any other Business Day designated by the Majority Credit Parties upon not less than thirty (30) Business Days’ prior written notice to Collateral Agent; and (c) any other Business Day designated by Collateral Agent pursuant to Section 10(b).
Equalization Date means the date upon the earliest to occur of (i) the termination of the Commitments pursuant to Section 8.02(a), (ii) the acceleration of the Obligations pursuant to Section 8.02(b), (iii) the occurrence of an Event of Default pursuant to Section 8.01(h), or (iv) the Credit Facility Termination Date, to the extent that any of the Obligations remain outstanding as of the close of business (local time in the Notice Office) as of such date. 14