Exit Payment Date definition

Exit Payment Date means the earliest date on which any of the following occur: (i) the Deleveraging Event, (ii) a Repricing Transaction, (iii) the incurrence of any Replacement Debt in respect of the Initial Term Loans or any Replacement Term Loans, (iv) [reserved], (v) an Event of Default, (vi) the repayment of any Obligations owing to any Initial Term Lender or the replacement of any Initial Term Lender, in each case in connection with an event specified in Section 2.19(b)(i) through (iv) or (vii) the voluntary payment of the Exit Payment, in each case of clauses (i) through (vii) above, occurring at least one day prior to the Initial Term Loan Maturity Date. The rights of each Lender to its pro rata share of the Exit Payment shall be assignable in connection with any permitted assignment of the Initial Term Loans held by such Lender.
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Exit Payment Date means the date defined in clause 36.
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Exit Payment Date shall have the meaning set forth in Section 6.10.
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Examples of Exit Payment Date in a sentence

  • The Village Weekly Charge is payable from the Commencement Date until the Exit Payment Date.

  • The Lifecare Contribution accrues on a daily basis from the Commencement Date (or such other date agreed by the Operator and the Resident and as set out in the Occupation Right Agreement), at a rate of 2% of the Lifecare Contribution per month, until the earlier of the expiry of 50 months from the Commencement Date (or other agreed date) or the Exit Payment Date.

  • The Studio Services Costs are payable from the Commencement Date until the Exit Payment Date.

  • The Operator will incur such costs and then recover them from the Resident on the Exit Payment Date.

  • The Exit Payment Date is the date that the Operator settles the sale of the Residential Unit to a new Resident under their agreement for sale and purchase.

  • The Surviving Corporation shall pay the Exit Payment and, if applicable, the Additional Exit Payment, in accordance with Section 2.14, within five Business Days of the Exit Payment Date, by wire transfer of immediately available funds to the accounts specified by the Shareholders’ Representative.

  • Payment of interest shall be made no later than the Exit Payment Date.

  • The Exit Date Waiver Fee shall be earned as of the Fifth Amendment Effective Date and shall be payable in full and due on the Exit Payment Date (and is to be paid in immediately available funds and identified as the Exit Date Waiver Fee on the date of payment) and shall be in addition to any mandatory prepayment, and any reimbursement of the Administrative Agent’s or the Lenders’ expenses.

  • In the event an Exit Transaction is a Public Offering, if necessary to comply with Section 409A, the first Exit Payment Date shall be the one (1) year anniversary of the Exit Transaction and any quarterly payments that otherwise would have been made under the preceding sentence prior to the first Exit Payment Date, except for Section 409A, will be paid on the Exit Payment Date.

  • The interest rate will be the ASB Bank 30 day term deposit rate and will accrue from the date which is nine months after the Termination Date to the Exit Payment Date.


More Definitions of Exit Payment Date

Exit Payment Date means that date as defined in clause 61.2.
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Exit Payment Date means the date on which an Exit Payment Event occurs.
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Exit Payment Date shall have the meaning given such term in Section 2.13.
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Related to Exit Payment Date

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Termination Payment Date means the date on which the RECIPIENT is required to repay to ECOLOGY any outstanding balance of the loan and all accrued interest.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Payment Date means the last day of each March, June, September and December.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Redemption Payment Date As defined in Section 13.1.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Party A Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.