Initial Reduction Date definition

Initial Reduction Date means the first (1st) day of the first (1st) calendar month following the month in which the No Reduction Period expires and the L-C Reduction Conditions are satisfied, whether or not Tenant has delivered evidence to Landlord that such L-C Reduction Conditions are satisfied.
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Initial Reduction Date has the meaning specified in Section 2.09(a).
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Initial Reduction Date. With respect to any Class of Multi-Class Certificates that are Sequential Distribution Certificates, the Distribution Date, if any, specified in Article I on which the Holders of Certificates of such Class are entitled to begin receiving distributions in reduction of Stated Principal Balance, if such distributions have not already begun.
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Examples of Initial Reduction Date in a sentence

  • The titles of these individual presentation papers are listed on pages 11 through 13.

  • Nelson has requested, and Lenders hereby agree, that the Initial Reduction Date shall mean December 13, 2001, pursuant to the provisions of Section 2.08 of the Credit Agreement.

  • During the period commencing on April 1, 1999 and ending on May 31, 1999, Borrower may by written request delivered to the Administrative Agent (with sufficient copies thereof for the Lenders) request that the Initial Reduction Date and the Maturity Date each be extended for one (1) year.

  • Maintaining awareness and compliance with established policies and procedures and applicable legal, statutory, or regulatory compliance obligations.

  • Each Notice of Extension shall request an extension to the Initial Reduction Date of a one (1) year period, no more, no less, provided, however, Xxxxxx may, but shall not be obligated to, submit an unlimited number of Notices of Extensions to Agent prior to the Initial Reduction Date provided such Notices of Extension comply with this Section 2.08.

  • After the Initial Reduction Date, at such time 7 Guaranty Federal Bank, F.S.B. Attn: Ms. Deborah M.

  • In cases where no transformation exists to provide temporary power, the customer will be charged the labor and incidental material costs to install and remove a transformer to provide temporary service as listed below.

  • If a request for extension is made during the April 1, 1999 through May 31, 1999 period as aforesaid and the requested extension is granted by the Lenders, Borrower shall have the right to request a further one (1) year extension of the Initial Reduction Date and Maturity Date during the period from April 1, 2000 through May 31, 2000.

  • Long-Term Debt, continued An initial payment of $20,000,000 was due on March 31, 1998 which was the Initial Reduction Date.

  • Andreassen, Torsheim, & Pallesen (2014a) and Jian (2013) investigated cyberloafing and supported the need to design strategies to control cyberloafing.Problem Statement Blurred boundaries between work life and personal life have promoted the increase of cyberloafing behaviors in the workplace (Jian, 2013).


More Definitions of Initial Reduction Date

Initial Reduction Date means December 13, 1998, unless further extended in accordance with Section 2.08.
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Initial Reduction Date means September 30, 2000 or such later Initial Reduction Date as may then be in effect pursuant to Section 2.11.
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Initial Reduction Date means the earlier of (a) the last day of the ---------------------- ---------- Fiscal Quarter occurring at least 365 days and not more than 457 days after the Completion Date or (b) September 30, 1998.
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Initial Reduction Date means March 31, 1999.
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Related to Initial Reduction Date

  • Reduction Date has the meaning set forth in Section 20.1B.

  • Proposed Reduction Date has the meaning set forth in Section 1.3.

  • Potential Change in Control Period shall commence upon the occurrence of a Potential Change in Control and shall lapse upon the occurrence of a Change in Control or, if earlier (i) with respect to a Potential Change in Control occurring pursuant to Section 16.20(A), immediately upon the abandonment or termination of the applicable agreement, (ii) with respect to a Potential Change in Control occurring pursuant to Section 16.20(B), immediately upon a public announcement by the applicable party that such party has abandoned its intention to take or consider taking actions which if consummated would result in a Change in Control, or (iii) with respect to a Potential Change in Control occurring pursuant to Section 16.20(C) or (D), upon the one year anniversary of the occurrence of a Potential Change in Control (or such earlier date as may be determined by the Board).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Retention Date shall have the meaning set forth in Section 9.01 of this Agreement.

  • Lease Termination Date means the last day of the Lease Term.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Scheduled Commitment Termination Date means May 24, 2016, as such date may be extended by mutual agreement of the parties hereto (each, in their sole and absolute discretion) pursuant to Sections 2.21 and 12.01(b).

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Transition Date means the date on which this contract comes into effect for all purposes. Schedule 1 (Contract Particulars)

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Appraisal Reduction Event With respect to any Serviced Loan, the earliest of (i) the date on which such Serviced Loan becomes a Modified Asset, (ii) the date on which such Serviced Loan is 60 days or more delinquent in respect of any Monthly Payment, which does not include a Balloon Payment, (iii) solely in the case of a delinquent Balloon Payment, (A) the date occurring 60 days after the date on which such Balloon Payment was due (except as described in the immediately following clause (B)) or (B) if the related Mortgagor has delivered to the Master Servicer (who shall promptly deliver a copy thereof to the Special Servicer) or the Special Servicer (who shall promptly deliver a copy thereof to the Master Servicer) a refinancing commitment acceptable to the Special Servicer prior to the date 60 days after the Balloon Payment was due, the date occurring 120 days after the date on which the Balloon Payment was due (or such shorter period beyond the date on which that Balloon Payment was due during which the refinancing is scheduled to occur), (iv) the date on which the related Mortgaged Property has become an REO Property, (v) a receiver or similar official is appointed and continues for 60 days in such capacity in respect of the related Mortgaged Property, (vi) 60 days after the related Mortgagor is subject to a bankruptcy, insolvency or similar proceedings, which, in the case of an involuntary bankruptcy, insolvency or similar proceeding, is not dismissed within those 60 days, or (vii) the date on which such Serviced Loan remains outstanding five (5) years following any extension of its maturity date pursuant to Section 3.24 of this Agreement. If an Appraisal Reduction Event occurs with respect to any Serviced Mortgage Loan that is part of a Serviced Loan Combination, then an Appraisal Reduction Event shall be deemed to have occurred with respect to the related Serviced Companion Loan(s). If an Appraisal Reduction Event occurs with respect to any Serviced Companion Loan that is part of a Serviced Loan Combination, then an Appraisal Reduction Event shall be deemed to have occurred with respect to the related Serviced Mortgage Loan and any other Serviced Companion Loan(s) included as part of that Serviced Loan Combination. No Appraisal Reduction Event may occur at any time when the aggregate Certificate Balance of all Classes of Principal Balance Certificates (other than the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-AB Certificates) has been reduced to zero. The Special Servicer shall notify the Master Servicer and the Master Servicer shall notify the Special Servicer, as applicable, promptly upon the occurrence of any of the foregoing events.

  • Accrual Termination Date Not applicable.

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.