Facility Payment Date definition

Facility Payment Date means the last Business Day of each calendar week.
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Facility Payment Date means the first Business Day of each calendar month.
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Facility Payment Date means the seventh (7th) calendar day of each calendar month (or, if such day is not a Business Day, the immediately succeeding Business Day).
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Examples of Facility Payment Date in a sentence

  • In any such event, the Collateral Agent shall thereafter, upon receipt of any Collateral, Proceeds thereof or certificates, instruments or other documents, and until the Bank Credit Facility Payment Date, hold the same as Collateral hereunder.

  • After the Bank Credit Facility Payment Date, the Junior Secured Creditor shall not be restricted by the provisions of this Agreement from exercising any and all rights and remedies it may have as a creditor under applicable law, including rights and remedies with respect to any of the Collateral.

  • Prior to the Bank Credit Facility Payment Date, the Collateral Agent shall follow the directions of the Bank Agent with respect to the enforcement by the Bank Agent of rights and remedies with respect to the Collateral, subject to the rights of the Junior Secured Creditor under Sections 3.02 and 3.03 hereof and to the provisions of the Bank Credit Facility referred to in the second sentence of Section 6.12 hereof.

  • On each FILO Facility Payment Date, the Borrowers shall repay in full in cash all outstanding FILO Loans.

  • Borrowers shall borrow 100% of the Aggregate FILO Facility Commitments on each date specified in Section 2.18(a) and, except as otherwise required under Section 2.05(c), shall not prepay or repay FILO Loans until the next applicable FILO Facility Payment Date.

  • On each FILO Facility Payment Date, the Borrowers shall cause all FILO Loans to be repaid in full in accordance with Section 2.18.

  • If upon the occurrence of the Bank Credit Facility Payment Date, one of the Trustees is not then serving as the Collateral Agent, the Trustees may, by order or orders executed by the Trustees, replace the then serving Collateral Agent with one of the Trustees, as specified in such order or orders, and in such event such Collateral Agent shall be deemed to have resigned at such time.

  • Upon the occurrence of the Bank Credit Facility Payment Date, the Trustees may, by order or orders executed by the Trustees, replace the then serving Collateral Agent with one of the Trustees, as specified in such order or orders, and in such event such Collateral Agent shall be deemed to have resigned at such time.

  • From and after the Bank Credit Facility Payment Date, the Collateral Agent shall follow the directions of the Tranche A Trustee and the Tranche B Trustee with respect to the enforcement by the Trustees of rights and remedies with respect to the Collateral, subject to the provisions of the Indentures referred to in the third sentence of Section 6.12 hereof.

  • From and after the Bank Credit Facility Payment Date (or from the date hereof until the effectiveness of a Bank Credit Facility), the Collateral Agent shall follow the directions of the Tranche A Trustee and the Tranche B Trustee with respect to the enforcement by the Trustees of rights and remedies with respect to the Collateral, subject to the provisions of the Indentures referred to in the third sentence of Section 6.12 hereof.


More Definitions of Facility Payment Date

Facility Payment Date means the [***] of each calendar month.
Sample 1

Related to Facility Payment Date

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

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

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

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

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Lease Payment Date means, with respect to any Interest Payment Date, the 5th Business Day immediately preceding such Interest Payment Date.

  • Disbursement Date is defined in Section 2.6.2.

  • Availability Payment means the payment to Owner described in Section 8.1 for Condition 1 and 8.2 for Condition 2.

  • 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.

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

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

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

  • Final Disbursement Date means the last date on which Lender may make a Disbursement set forth in Section 10 of the Loan Authorization Agreement (including as amended by an Extension) or, if such date is not a Business Day, the next succeeding Business Day; provided, however, to the extent that Lender has not received cash collateral in the amount of the Letter of Credit Obligations or an equivalent full indemnity from Borrower or Guarantor, as applicable, with respect to Letter of Credit Obligations outstanding on the Final Disbursement Date, the Final Disbursement Date with respect to an advance to fund a drawing under such Letter of Credit shall be no later than thirty (30) days after any such drawing which may be no later than the expiry date of the Letter of Credit related thereto.

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

  • Extended Repayment Date shall have the meaning provided in Section 2.5(c).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

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

  • Swap Payment Date For so long as the Swap Agreement is in effect or any amounts remain unpaid thereunder, the Business Day immediately preceding each Distribution Date.

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Fee Payment Date (a) the third Business Day following the last day of each March, June, September and December and (b) the last day of the Revolving Commitment Period.

  • LC Payment Date is defined in Section 2.20.5.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.