Facility Activation Date definition

Facility Activation Date means, subject to Section 8.2, the date of the initial purchase of Receivables under this Agreement.
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Examples of Facility Activation Date in a sentence

  • In addition to the foregoing, each of the parties hereto hereby agrees that, on each Increased Facility Activation Date, this Agreement shall be amended to the extent (but only to the extent) appropriate to effectuate the existence and terms of the Incremental Term Loans evidenced thereby.

  • Notwithstanding anything to the contrary in this Agreement, each of the parties hereto hereby agrees that, on each Increased Facility Activation Date, this Agreement shall be amended to the extent (but only to the extent) necessary to reflect the existence and terms of the Incremental Term Loans evidenced thereby.

  • The Unused Revolving Commitment Fee shall be payable monthly in arrears on the first day of each calendar month following the Revolving Credit Facility Activation Date and on the Final Maturity Date.

  • The Borrower agrees to pay to each Lender of Incremental Term Loans (including, if applicable, Xxxxxx Xxxxxxx Energy Capital Inc.) a fee equal to 1.50% of the amount of such Lender’s Incremental Term Loans advanced after the Effective Date (such fee to become due and payable ratably to the applicable Lenders on the applicable Increased Facility Activation Date).

  • The Borrower agrees to pay to Xxxxxx Xxxxxxx Energy Capital Inc., in its capacity as sole lead arranger and sole bookrunner, for its own account, an arranger fee equal to 1.00% of the amount of any Incremental Term Loans advanced after the Effective Date (such fee to become due and payable on the applicable Increased Facility Activation Date).

  • The Unused Revolving Commitment Fee shall accrue at all times from and after the Revolving Credit Facility Activation Date.

  • A copy of such motion shall served upon the corporation, which shall have the right to file an answer to the motion of the auditors, and otherwise to be heard.

  • In addition to the foregoing, each of the parties hereto hereby agrees that, on each Increased Facility Activation Date, this Agreement shall be amended to the extent (but only to the extent) appropriate to effectuate the existence and terms of the Incremental Notes evidenced thereby.

  • The Incremental Term Loans may from time to time be (a) Eurodollar Loans or (b) ABR Loans or (c) a combination thereof, as determined by the Company and notified to the Administrative Agent in accordance with subsections 8.1, 8.2 and 8.3; provided on the applicable Incremental Facility Activation Date, the Incremental Term Loans shall be made as ABR Loans.

  • The Borrower agrees to pay to each Lender of Incremental Term Loans (including, if applicable, Xxxxxx Xxxxxxx Capital Group Inc.) a fee equal to 150 basis points on an amount equal to such Lender’s allocated share of the Incremental Term Loans advanced on any Increased Facility Activation Date, which fee shall be earned and payable on the applicable Increased Facility Activation Date.

Related to Facility Activation Date

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.