Investment Period Termination Date definition

Investment Period Termination Date means the earliest of the date on which (i) the Payment Date occurring in June 2023 or such later date as may be agreed to by the Noteholders and the Issuer, (ii) the aggregate Outstanding Loan Balances of all Defaulted Loans (in each case, measured at the time each such Loan becomes a Defaulted Loan) exceeds an amount equal to 13.5% of the aggregate Initial Outstanding Loan Balances of all Loans owned by the Issuer since the Amendment Closing Date, (iii) a Rapid Amortization Event has occurred, (iv) a Key Person Event has occurred or (v) the merger, conversion or consolidation of the Servicer pursuant to Section 5.12. (i) The Payment Date occurring in June 2023 or such later date as may be agreed to by the Noteholders and the Issuer
Investment Period Termination Date means the earliest to occur of (i) June 5, 2022, or June 5, 2023 upon the mutual agreement of the Noteholders and the Fund 2023, or such later date as may be mutually agreed by the Noteholders and the Fund with Rating Agency Confirmation, (ii) the date on which an Investment Period Termination Event has occurred or (iii) the Portfolio Profile Milestone Test Date, if the Loans do not satisfy the Portfolio Profile Milestone Criteria as of such date, unless waived by the Majority Noteholders.
Investment Period Termination Date means the date when the Investment Period will expire or terminate in accordance with the terms of the applicable Borrower’s Operative Documents.

Examples of Investment Period Termination Date in a sentence

  • If requesting an Advance, the undersigned further represents that the Investment Period Termination Date has not occurred.

  • The Servicer shall provide notice of the end of the Investment Period to the Trustee and to the Custodian if the Investment Period Termination Date will occur on any date other than June 21, 2027.


More Definitions of Investment Period Termination Date

Investment Period Termination Date means the earliest to occur of (i) June 1, 2020, (ii) June 1, 2021 upon the mutual agreement of the Noteholders and the Fund, or such later date as may be mutually agreed by the Noteholders and the Fund with Rating Agency Confirmation, (iii) the date on which an Investment Period Termination Event has occurred or (iv) the Portfolio Profile Milestone Test Date, if the Loans do not satisfy the Portfolio Profile Milestone Criteria as of such date, unless waived by the Majority Noteholders.
Investment Period Termination Date means the last day of the “Investment Period”, as that term is defined in the Constituent Documents of the Initial Borrower.
Investment Period Termination Date means the earlier to occur of (a) the Payment Date occurring in July 2021, (b) the occurrence of an Investment Period Early Termination Event and (c) the date of any optional redemption of the Notes. For the avoidance of doubt, there will only be one Investment Period, and such period cannot be re-commenced or continue after the occurrence of an Event of Default or a Rapid Amortization Event or the commencement of any Investment Period Early Termination Event.
Investment Period Termination Date means the last day of the “Investment Period”, as that term is defined in the Constituent Documents of the Initial Borrower.

Related to Investment Period Termination Date

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) all of the Commitments have terminated and (b) all Obligations have been paid in full in cash (other than contingent indemnification obligations for which no claim has been asserted).

  • Revolving Termination Date means the earlier to occur of: