Examples of Financial Statement Due Date in a sentence
Commencing on the first day of the first month following the applicable Quarterly Financial Statement Due Date, the Unused Commitment Fee Percentage shall be __________%.
If Maker does not deliver the financial statements as and when required by this paragraph, there shall be added to the Indebtedness and Maker agrees to pay upon demand Two Hundred Dollars ($200.00) for each calendar month or part thereof following the Financial Statement Due Date until the required financial statements are delivered to Noteholder.
Commencing on the first day of the first month following the applicable Quarterly Financial Statement Due Date, the Eurodollar Margin shall be _____%.
Commencing on the first day of the first month following the applicable Quarterly Financial Statement Due Date, the Floating Rate Margin shall be _______%.
Commencing on the first day of the first month following the applicable Quarterly Financial Statement Due Date, the Commitment Fee Percentage shall be _____%.
If a reduction in Benefits is necessary so that the Benefit equals the Reduced Amount, reduction shall occur in the following order unless the Executive elects in writing a different order (provided, however, that such election shall be subject to the Company’s approval if made on or after the date on which the event that triggers the Benefit occurs and, provided, further, that such election does not violate Code Section 409A): reduction of cash payments; then reduction of employee benefits.
If a Termination of Certified Statement Waiver Event occurs, thereafter Maker shall furnish to Noteholder on or before Financial Statement Due Date until the Indebtedness secured hereby has been fully paid, annual financial statements prepared by or for Maker pertaining to Maker’s operation of the Mortgaged Property, each such statement prepared in accordance with generally accepted accounting or management principles customarily used in the commercial real estate industry, consistently applied.
The Quarterly Financial Statement Due Date shall be determined as if December 31, 2005 were the end of a fiscal quarter and the Eurodollar Rate Margin, Floating Rate Margin, Commitment Fee Percentage and Unused Commitment Fee Percentage shall be determined as if such date were the end of a fiscal quarter.
If Mortgagor does not deliver the financial statements as and when required by this paragraph, there shall be added to the Indebtedness and Mortgagor agrees to pay upon demand Two Hundred Dollars ($200.00) for each calendar month or part thereof following the Financial Statement Due Date until the required financial statements are delivered to Mortgagee.
The waiver in this Section 1(b) shall remain in effect at all times from and after the Effective Date so long as the Quarterly Financial Statement Deliverables are delivered in accordance with the Credit Agreement by no later than the Quarterly Financial Statement Due Date (as defined below), and failure to so deliver all or any of the Quarterly Financial Statement Deliverables on or prior to the Quarterly Financial Statement Due Date shall constitute an immediate Event of Default.