Loan Commitment Period definition

Loan Commitment Period means the period from and including the date hereof until and including the Maturity Date (or, if earlier, the day on which the Loan Notes first become due and payable in full or the Loan Commitments are terminated upon notice by Administrative Agent to Borrower pursuant to Section 6.1).
Loan Commitment Period means the Term Loan Commitment Period and/or the Working Capital Commitment Period, as the context requires.
Loan Commitment Period has the meaning set forth in Section 2.1 hereof.

Examples of Loan Commitment Period in a sentence

  • Each Loan Commitment Period shall automatically renew for an additional Loan Commitment Period unless Borrower or Lender provides written notice of non-renewal at least sixty (60) days prior to the end of the current Loan Commitment Period.

  • The obligation of the Issuing Bank to issue Letters of Credit shall expire on the Letter of Credit Expiration Date or, if the Revolving Loan facility is in effect, the last day of the Revolving Loan Commitment Period.

  • The Term Loan Commitments of the Term Loan Banks to make the Term Loans (other than the New Term Loan Commitments, which shall be governed by Section 9.17) shall expire on the last day of the Term Loan Commitment Period (regardless of the failure of the Borrower to fully utilize the Term Loan Commitments) and the Term Loan Amount shall be reduced by the amount of such expired Term Loan Commitments.

  • Subject to the other terms and conditions of this Agreement, amounts borrowed pursuant to this Section 2.2 may be repaid and reborrowed during the Revolving Loan Commitment Period.

  • Equations 3.14 and 3.15 explaintthe results of Jurlewicz et al in [14].


More Definitions of Loan Commitment Period

Loan Commitment Period means an initial period of eighteen (18) months commencing on the Effective Date and thereafter successive periods of one (1) year each commencing upon completion of each prior Loan Commitment Period.
Loan Commitment Period means the period from the date of this Loan and Security Agreement to September 30, 2024, and thereafter, successive periods of one (1) year each commencing upon completion of each prior Loan Commitment Period.
Loan Commitment Period means the period from and including the Closing Date to and including the Borrowing Date.
Loan Commitment Period means the period from the date of this Loan and Security Agreement until the earlier of (a) the one hundred and twentieth day (120th) after the Petition Date or, if such date is not a Banking Business Day, the first Banking Business Day thereafter, (b) any date on which Lender accelerates the maturity of the Loan pursuant to Section 9.1 and demands payment in full of the Obligations, (c) the date upon which the Bankruptcy Case shall be converted to a case under chapter 7 of the Bankruptcy Code or dismissed; (d) the effective date of a plan of reorganization for Borrower which has been confirmed by an order of the Bankruptcy Court; (e) the date upon which any Authorizing Order shall be amended, supplemented, vacated or otherwise modified without the prior written consent of Lender; (f) the date upon which the automatic stay expires; or (g) the date of any agreement for the sale of substantially all the assets of Borrower, unless such sale is approved by Lender, in which event, the date of consummation of the sale.
Loan Commitment Period the period from and including the Initial Loan Funding Date to and including the Loan Commitment Termination Date.
Loan Commitment Period means the thirty-six (36) month period of time beginning as of the date of this Agreement and ending thirty-six (36) months thereafter.
Loan Commitment Period means the period commencing on June 24, 1996 and ending on the earliest of (i) September 30, 2003, (ii) the first date on which the Loan Commitment Amount equals zero, (iii) the date on which the Loan Commitment is terminated in accordance with Section 8.2, or (iv) the dissolution of the Fund.