Loss Sharing Date definition

Loss Sharing Date means the date (if any) on which the Agent exercises any of its rights under paragraph (a)(ii) and/or (a)(iv) of Clause 26.16 (Acceleration) or the date (if any) on which the Facilities are cancelled under Clause 11.3 (Change of control).
Loss Sharing Date means the Acceleration Date or the date (if any) on which the Facilities are cancelled under Clause 11.7 (Exit).

Examples of Loss Sharing Date in a sentence

  • The relevant Swingline Agent shall give at last 3 Business Days notice to each affected Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.

  • The Facility Agent shall give at least 3 Business Days notice to each affected Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.

  • The Unpaid Amount means, in relation to a Swingline Loan, any principal not repaid and/or any interest accrued but unpaid on that Swingline Loan calculated from the Utilisation Date to the Loss Sharing Date.

  • The Swingline Agent shall give at least three (3) Business Days prior notice to each affected Facility A Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.

  • The Unpaid Amount means, in relation to a Swingline Loan, any principal not repaid and/or any interest accrued but unpaid on that Swingline Loan, calculated from the Utilisation Date to the Loss Sharing Date.

  • The relevant Swingline Facility Agent shall give at least 3 Business Days notice to each affected Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.

  • The Agent shall give at least three Business Days notice to each affected Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.

  • The relevant Swingline Agent shall give at least three Business Days' notice to each affected Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.

  • The Swingline Agent shall give at least 3 Business Days notice to each affected Lender of the Loss Sharing Date and notify it if the amounts to be paid or received by it.

  • The relevant Swingline Agent shall give at least 3 Business Days’ notice to each affected Lender of the Loss Sharing Date and notify it of the amounts to be paid or received by it.