Equity Release Date definition

Equity Release Date means the date that is one-hundred eighty (180) calendar days after the earlier to occur of (i) the Maturity Date and (ii) the date on which the Commitments have expired or been terminated and the principal of and interest on each Loan and all other Obligations payable hereunder shall have been paid in full.
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Equity Release Date has the meaning assigned to such term in Section 2.24(b).
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Equity Release Date means the Equity Release Date as defined in that certain Third Amendment to Membership Interest Purchase Agreement by and between Sellers, Purchaser, Tap Rock I Subject Company and Sellers’ Representative dated December 18, 2023.”
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Examples of Equity Release Date in a sentence

  • The sum of the Thermo Contingent Equity Account and the Borrower Contingent Equity Account is at any time prior to the Contingent Equity Release Date less than the Contingent Equity Required Balance.

  • At all times after the Equity Release Date (but not prior thereto), not permit the Unencumbered Interest Coverage Ratio to be less than 2.00 to 1.00.

  • Following the Contingent Equity Release Date, maintain a minimum Liquidity of five million Dollars (US$5,000,000).

  • The foregoing shall not limit Administrative Agent’s right to request other items for such Unencumbered Properties in accordance with the terms hereof or its right to require due diligence information and documentation for other additional Unencumbered Properties designated by borrower prior to the Equity Release Date in accordance with the terms hereof.

  • The Bank agreed to renew the loan lowering the payment obligation.

  • Notwithstanding anything in this Section 6.11 to the contrary, to the extent Borrower qualifies for and requests the determination of an Equity Release Date in accordance with Section 2.24(b), and at the time of such release the financial covenants required to be satisfied by Borrower to effect such release are more onerous than those required in this Section 6.11, then the more onerous financial covenants shall be required to be maintained from and after the Equity Release Date, measured quarterly.

  • Example – a court-appointed guardian ad litem would be an example of this category of representation.

  • At all times after the Equity Release Date (but not prior to), not permit the Unencumbered Interest Coverage Ratio to be less than 2.00:1.00.

  • Thermo shall ensure that no later than Financial Close until the Contingent Equity Release Date, funds are deposited in the Thermo Contingent Equity Account to ensure that the cash balance standing to the credit of the Thermo Contingent Equity Account and the Borrower Contingent Equity Account (in aggregate) is not at any time less than the Contingent Equity Required Balance.

  • The foregoing shall not limit Administrative Agent’s right to request other items for such Unencumbered Properties in accordance with the terms hereof or its right to require due diligence information and documentation for other additional Unencumbered Properties designated by Borrower prior to the Equity Release Date in accordance with the terms hereof.

Related to Equity Release Date

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Escrow Release Date has the meaning set forth in Section 9.6.

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) of the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such, or such earlier date as a majority of the Board of Directors shall become aware of the existence of an Acquiring Person.

  • Escrow Release Conditions has the meaning set forth in the Escrow Agreement.

  • Satisfaction Date has the meaning set forth in Section 2.6.

  • Note Date Debt Ratio: City: Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Lien Pos: 9141105 180 09 $102,500.00 $25,600.00 662 0391736170 3 178 1 $128,200.00 6/10/2004 44 Union City GA 30291 01 6.000 100 $25,575.19 6/10/2019 2 9094729 180 14 $184,000.00 $46,000.00 745 0391732401 3 178 1 $230,000.00 6/10/2004 39 Jupiter FL 33458 01 7.250 100 $45,800.00 6/10/2019 2 9104425 180 09 $198,800.00 $49,700.00 660 0391734100 3 178 1 $248,500.00 6/10/2004 48 Canton GA 30114 01 9.000 100 $49,700.00 6/10/2019 2 9131647 180 14 $368,000.00 $46,000.00 696 0391748308 3 178 1 $460,000.00 6/10/2004 35 Burbank CA 91506 01 6.500 90 $45,970.14 6/10/2019 2 9080483 180 14 $0.00 $18,400.00 757 0391726767 3 178 1 $23,000.00 6/10/2004 43 Luzerne Township PA 15447 02 6.250 80 $18,265.00 6/10/2019 1 9094719 180 09 $303,600.00 $30,000.00 681 0391732526 3 178 1 $379,500.00 6/10/2004 46 Alpharetta GA 30005 01 6.750 88 $10,000.00 6/10/2019 2 9104343 180 14 $184,000.00 $34,500.00 704 0391740925 3 178 1 $230,000.00 6/10/2004 27 Denver CO 80226 01 7.500 95 $34,500.00 6/10/2019 2 9104521 180 14 $93,600.00 $23,400.00 746 0391734902 3 178 1 $117,000.00 6/10/2004 26 Powder Springs GA 30152 01 7.250 100 $23,350.00 6/10/2019 2 9114055 180 09 $543,950.00 $135,950.00 679 0391743242 3 178 1 $679,950.00 6/10/2004 43 Redmond WA 98052 01 9.130 100 $132,395.63 6/10/2019 2 9114097 180 14 $106,035.00 $32,200.00 644 0391746153 3 178 1 $145,770.00 6/10/2004 31 Venice FL 34293 02 8.750 95 $32,119.50 6/10/2019 2 9080603 300 15 $427,000.00 $25,000.00 766 0391728979 2 298 1 $600,000.00 6/10/2004 34 Harrison Town NY 10528 01 5.250 76 $24,606.68 6/10/2029 2 9114335 180 14 $157,400.00 $39,350.00 775 0391741436 3 178 1 $196,750.00 6/10/2004 28 Atlanta GA 30317 01 7.250 100 $39,337.64 6/10/2019 2 9132049 180 09 $221,200.00 $31,600.00 785 0391733540 3 178 2 $316,000.00 6/10/2004 38 Cornelius NC 28031 01 7.250 80 $31,600.00 6/10/2019 2 9104309 180 09 $151,300.00 $37,800.00 727 0391731601 3 178 1 $189,150.00 6/10/2004 20 Orlando FL 32828 01 7.250 100 $37,800.00 6/10/2019 2 9080605 300 16 $84,720.00 $10,590.00 708 0391728961 2 298 1 $105,900.00 6/10/2004 32 Upper Darby PA 19026 01 6.750 90 $10,274.37 6/10/2029 2 9140615 180 14 $292,000.00 $57,000.00 $421.62 693 0391735586 3 178 1 $375,000.00 6/10/2004 42 OXNARD CA 93030 01 7.500 94 $57,000.00 6/10/2019 2 9096775 180 14 $139,200.00 $26,100.00 $193.06 735 0391721677 3 178 1 $174,000.00 6/10/2004 50 WATERFORD MI 48327 01 7.130 95 $25,900.00 6/10/2019 2 9104593 180 04 $82,300.00 $15,450.00 695 0391734886 3 178 2 $102,900.00 6/10/2004 28 Orlando FL 32824 01 8.000 95 $15,325.56 6/10/2019 2 9114813 300 14 $91,145.00 $70,000.00 $369.49 781 0391726544 2 298 1 $376,000.00 6/10/2004 27 SANTA ROSA CA 95401 02 5.750 43 $54,103.13 6/10/2029 2 9104485 180 09 $126,000.00 $31,500.00 670 0391733227 3 178 1 $157,500.00 6/10/2004 37 Charlotte NC 28269 01 9.000 100 $31,053.91 6/10/2019 2 9125771 180 14 $276,000.00 $57,500.00 $425.32 722 0391729878 3 178 1 $345,000.00 6/10/2004 41 WOODLAND CA 95695 02 7.250 97 $57,500.00 6/10/2019 2 Page 112 of 331

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;

  • Post Closing Letter is that certain Post Closing Letter dated as of the Effective Date by and between Collateral Agent and Borrower.

  • Pre-Closing Taxable Period means any Taxable period ending on or prior to the Closing Date.

  • Collateral Release Period means each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Second Closing Date means the date of the Second Closing.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Postponed Early Redemption Date means the tenth Business Day following the Early Redemption Date (if any);

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Pre-Funding Period means the period beginning on the Closing Date and ------------------ ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Specified Redemption Date means the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption; provided that if the Company combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.

  • Post-Acquisition Period means, with respect to any Permitted Acquisition, the period beginning on the date such Permitted Acquisition is consummated and ending on the last day of the sixth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.