Examples of Facilities Termination Date in a sentence
Subject to the provisions of Section 13, this Security Agreement and each Joinder Agreement, and all obligations of the Grantors hereunder (excluding those obligations and liabilities that expressly survive such termination) shall terminate without delivery of any instrument or performance of any act by any party on the Facilities Termination Date.
The provisions of this Section 13 shall survive repayment of all of the Secured Obligations and the termination or expiration of this Security Agreement in any manner, including but not limited to termination upon occurrence of the Facilities Termination Date.
This Agreement shall be terminated and Guarantor shall be released from all of its obligations hereunder on the first date after the Near-Term Facilities Termination Date on which Conseco, Inc.
The CIHC Guaranty shall be ------------------------ terminated and the Guarantor (as defined therein) shall be released from all of its obligations thereunder on the first date after the Near-Term Facilities Termination Date on which Conseco has Investment Grade Ratings Status, as long as no Default or Event of Default shall have occurred and be continuing on such date.
This Agreement shall be terminated and Guarantor shall be released from all of its obligations hereunder on the first date after the Near-Term Facilities Termination Date on which Conseco has Investment Grade Ratings Status, as long as no Default or Event of Default shall have occurred and be continuing on such date.
In seeking such instructions, the Administrative Agent shall submit a specific proposal to the Lenders (prior to the Credit Facilities Termination Date) or Finance Parties (following the Credit Facilities Termination Date).
Final Termination Date means the latest of the Initial Term Facilities Termination Date and all Additional Facility Termination Dates.
The CIHC Guaranty shall be terminated and ------------------------ CIHC shall be released from all of its obligations thereunder on the first date after the Near-Term Facilities Termination Date on which the Company has Investment Grade Ratings Status, so long as no Default or Event of Default shall have occurred and be continuing on such date.
Each Letter of Credit shall (i) be denominated in Dollars and (ii) expire no later than the earlier of (x) the first anniversary of its date of issuance and (y) the date which is five Business Days prior to the Revolving Facilities Termination Date, provided that any Letter of Credit with a one-year term may provide for the renewal thereof for additional one-year periods (which shall in no event extend beyond the date referred to in clause (y) above).
The applicable Primary Obligors hereby covenant and agree with the Administrative Agent and the Lenders that, until the Facilities Termination Date, and unless waived in writing in accordance with Section 14.14.