Mandatory Prepayment Due Date definition

Mandatory Prepayment Due Date is defined in Section 3.05.
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Mandatory Prepayment Due Date. (A) within three Business Days after demand by Administrative Agent, to the extent such funds are available in the Collateral Accounts; and (B) promptly (but in no event later than 20 days of demand by Administrative Agent), to the extent that it is necessary for the Borrowers to issue a Capital Call to fund such required payment (and one or more Borrowers (or the applicable Managing Entity) shall issue such Capital Calls during such time).
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Mandatory Prepayment Due Date. (A) promptly (but in no event later than two (2) Business Days after the occurrence of such Mandatory Prepayment Event), to the extent such funds are available in the Collateral Accounts; and (B) promptly (but in no event later than fifteen (15) Business Days after the occurrence of such Mandatory Prepayment Event), to the extent that it is necessary for the applicable Borrower to issue Capital Call Notices to fund such required payment (and such Borrower (or the applicable Managing Entity) shall issue such Capital Call Notices during such time).
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Examples of Mandatory Prepayment Due Date in a sentence

  • Any mandatory prepayments made pursuant to subsection (D) above shall be made on or before the Mandatory Prepayment Due Date, unless otherwise provided herein.


More Definitions of Mandatory Prepayment Due Date

Mandatory Prepayment Due Date means the date that is five (5) days after the event that gave rise to Borrower's obligation to repay (in whole or in part) the applicable Loan or Loans except that with respect to prepayments due under Sections 2.4(D)(i) and (iii), five (5) Business Days after written notice from Lender.
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Mandatory Prepayment Due Date. (A) promptly (but in no event later than three (3) Business Days after demand by Administrative Agent), to the extent such funds are available in the Collateral Accounts and not intended to be used for Anticipated Expenses to the extent permitted under Section 5.02(c); and (B) promptly (but in no event later than twenty (20) Business Days after demand by Administrative Agent), to the extent that such funds are not available in the Collateral Accounts (other than funds intended to be used for Anticipated Expenses to the extent permitted under Section 5.02(c)) and it is necessary for the applicable Fund to issue Capital Call Notices to fund such required payment (and such Fund (or the applicable Managing Entity) shall issue such Capital Call Notices during such time).
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Related to Mandatory Prepayment Due Date

  • Mandatory Prepayment Date as defined in Section 2.12(e).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Mandatory Prepayment shall have the meaning set forth in Section 2.1(c).

  • Mandatory Prepayments has the meaning given to such term in Section 1.2(b).

  • Mandatory Prepayment Event means any of the following:

  • Permitted Prepayment Date means the Business Day after the second (2nd) anniversary of the first Payment Date

  • Waivable Mandatory Prepayment shall have the meaning assigned to such term in Section 2.11(e).

  • Reinvestment Prepayment Date with respect to any Reinvestment Event, the earlier of (a) the date occurring twelve months after such Reinvestment Event and (b) the date on which the Borrower shall have determined not to, or shall have otherwise ceased to, acquire or repair assets useful in the Borrower’s business with all or any portion of the relevant Reinvestment Deferred Amount.

  • Discounted Voluntary Prepayment Notice has the meaning specified in Section 2.05(d)(v).

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • ECF Prepayment Amount has the meaning assigned to such term in Section 2.11(b)(i).

  • Required Prepayment Date as defined in Section 2.15(c).

  • Optional Prepayment Date has the meaning specified in Section 4.b hereof.

  • Voluntary Prepayment means a prepayment of principal of Term Loans pursuant to Section 2.05(a) in any year to the extent that such prepayment reduces the scheduled installments of principal due in respect of Term Loans as set forth in Section 2.07 in any subsequent year.

  • Prepayment means, with respect to any Receivable, any prepayment, whether in part or in full, in respect of such Receivable.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Proposed Prepayment Date is defined in Section 8.3(c).

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.

  • Discounted Prepayment Effective Date means in the case of a Borrower Offer of Specified Discount Prepayment or Borrower Solicitation of Discount Range Prepayment Offer, five (5) Business Days following the receipt by each relevant Term Lender of notice from the Auction Agent in accordance with Section 2.11(a)(ii)(B), Section 2.11(a)(ii)(C) or Section 2.11(a)(ii)(D), as applicable unless a shorter period is agreed to between the Borrower and the Auction Agent.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Prepayment Date has the meaning specified in Section 2.05(c).