Initial Anniversary Date definition
Examples of Initial Anniversary Date in a sentence
Thereafter, this Agreement shall continue in effect from year to year from such Initial Anniversary Date unless terminated by the mutual written agreement of the parties.
Year in Which Percentage of Initial Anniversary Date Falls Fair Market Value ---------------------- --------------------- 2003 49.28780% 2004 59.14536% In any event, the Annuity Amount for any year shall be paid not later than 105 days after the scheduled payment date for such year as hereinabove provided.
Year in Which Percentage of Initial Anniversary Date Falls Fair Market Value ---------------------- --------------------- 2006 48.71392% 2007 58.45670% In any event, the Annuity Amount for any year shall be paid not later than 105 days after the scheduled payment date for such year as hereinabove provided.
Section 11.1 Except as otherwise permitted herein, this Financing Agreement shall terminate on the Initial Anniversary Date, or, if the Agent, the Lenders and the Loan Parties agree to extend the Existing Scheduled Termination Date (as defined below) in accordance with Section 11.3 below, on the then effective Scheduled Termination Date.
Such appraisal shall be obtained no early than one hundred and fifty (150) days prior to the Initial Anniversary Date and shall be performed by an appraiser retained by the Agent (but mutually agreed upon between the Agent and the Companies) and paid for by the Companies.