Extended Facility Termination Date definition

Extended Facility Termination Date. Defined in Section 3.07.
Extended Facility Termination Date has the meaning assigned thereto in Section 3(e) hereof.
Extended Facility Termination Date means May 22, 2016.

Examples of Extended Facility Termination Date in a sentence

  • For the avoidance of doubt, (i) it is understood and acknowledged by the parties that the Funding Period shall not continue during the Extension Period, and (ii) the Facility Termination Date may only be extended automatically once under this Section 3.07, and Buyer shall be under no obligation to extend the Facility Termination Date after the end of the Extended Facility Termination Date.

  • In the event Seller shall not have made payment of outstanding Purchase Price in the amount of the Required Purchase Price Reduction by the end of each such three month period, Seller shall pay, on the last day of such three month period (commencing with the three month period following the First Extended Facility Termination Date), an amount equal to the difference between the Required Purchase Price Reduction and the amount paid in reduction of outstanding Purchase Price during such three month period.

  • At the request of Seller delivered to Buyer no earlier than ninety (90) or later than thirty (30) days before the Facility Termination Date, Buyer may grant one (1) year extension of the Facility Termination Date (an “Extended Facility Termination Date”) by giving notice approving such extension and the Extended Facility Termination Date to Seller no later than fifteen (15) days before the expiration of the then-current Facility Termination Date.

  • If Sellers request to exercise the first option to extend the Facility Termination Date in the manner set forth in Section 3.06(a), then Sellers may request to extend the Funding Period for a period of one (1) year (the “Funding Period Extension Option”) ending on the First Extended Facility Termination Date, by delivering written notice from Sellers to Buyer of such request no earlier than ninety (90) days and no later than thirty (30) days prior to the Initial Facility Termination Date.

  • The period commencing on the day immediately following the Initial Facility Termination Date and ending on the First Extended Facility Termination Date.

  • In addition, Seller has requested and Buyer has consented to the extension of the Funding Expiration Date to October 2, 2021 (the First Extended Facility Termination Date).

  • If the Maximum PPV requirement is not satisfied as of any proposed Extended Facility Termination Date, Seller shall have the right to prepay a portion of the Repurchase Price of any Purchased Asset for which the PPV is higher than the Maximum PPV applicable to such proposed Extended Facility Termination Date such that compliance with the applicable required Maximum PPV is obtained.

  • The period in existence as of the Closing Date to and including (x) if Buyer has granted the Funding Period Extension Option, the First Extended Facility Termination Date or (y) if Buyer has not granted the Funding Period Extension Option, the Initial Facility Termination Date.

  • The period commencing on the day immediately following the First Extended Facility Termination Date and ending on the Second Extended Facility Termination Date.

  • At the request of Seller delivered to Buyer no earlier than ninety (90) days or later than thirty (30) days before the Facility Termination Date, Buyer shall grant two (2) extensions of the Facility Termination Date for a period of one (1) year each (each, an "Extended Facility Termination Date") by giving notice approving such extension and the Extended Facility Termination Date to Seller before the expiration of the then-current Facility Termination Date.


More Definitions of Extended Facility Termination Date

Extended Facility Termination Date. Fee Letter”, “Funding Period”, “Initial Facility Termination Date”, “Maximum Amount” in their respective entireties and replacing them with the following (with the amended language underlined for ease of review):
Extended Facility Termination Date has the meaning assigned to such term in Section 2.25(a).
Extended Facility Termination Date shall have the meaning specified in Section 9(a) of this Agreement.

Related to Extended Facility Termination Date

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Lease Termination Date means the last day of the Lease Term.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Scheduled Commitment Termination Date means March 21, 2023March 28, 2022.

  • Existing Commitment Termination Date as defined in Section 2.12(a).

  • Termination Date The scheduled Agreement “termination date” shall be the last day of the month of the month of the Original Solicitation’s Anticipated Award Date plus three years. Example: If the original term is approximately three years, and the solicitation provides an anticipated award date of May 22, 2020, the expiration date of the original three-year term shall be May 31, 2023. Extensions: Any extensions of the original term shall begin on the next day after the day the original term expires.

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

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Agreement Termination Date is defined in Section 7.4.

  • Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.

  • Scheduled Termination Date means July 9, 2021 or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.02.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Special Termination Advance means an Advance made pursuant to Section 2.02(g).

  • 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.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.