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Payoff Date definition

Payoff Date means the first date on which all of the Obligations are paid in full and the Commitments of the Lenders are terminated.
Payoff Date has the meaning given in Section 2.3(d).
Payoff Date means the first date on which all of the Obligations (other than unasserted contingent obligations) are paid in full.

Examples of Payoff Date in a sentence

  • All accrued and unpaid interest shall be due and payable on the Payoff Date.

  • Receipt of the contract required documents controls the establishment of the Payoff Date for the contract.

  • Beginning with the third Payment Event of Default and continuing with each Payment Event of Default thereafter, the applicable Minimum Interest multiple will increase by 0.015 on the Payoff Date upon the occurrence of each such Payment Event of Default regardless of whether or not such Payment Event of Default is subsequently cured.

  • Prompt review of the Contractor's submitted documents is a priority, because the Specifications require that the Contractor be notified, within twenty (20) days receipt of 21-A, of any discrepancies or the original date of receipt will control the establishment of the Payoff Date.

  • Notwithstanding such Acknowledged Non-Compliance, the Administrative Agent and the Lenders hereby agree to waive, solely through the Payoff Date, the Acknowledged Non-Compliance.


More Definitions of Payoff Date

Payoff Date means the date on which all Obligations (as defined in the Credit Agreement) have been indefeasibly paid in full to Bank (as defined in the Credit Agreement) in immediately available funds and all Commitments (as defined in the Credit Agreement) of Bank to extend financial accommodations to any Borrower (as defined in the Credit Agreement) have been terminated.
Payoff Date means the first date following the Termination Date on which the Loan Balance has been indefeasibly reduced to zero and all accrued Interest, Usage Fee Amount, Unused Fee Amount and all other Secured Obligations have been indefeasibly paid in full. [***] Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential Treatment has been requested with respect to the omitted portions.
Payoff Date means the date on which all principal and interest on the Notes and any other amounts directly related to Series 2002-A payable to any Noteholder, the Administrator or the Funding Agent under the Transaction Documents have been indefeasibly paid in full.
Payoff Date means the date on which all principal and interest on the Notes and any other amounts directly related to Series 2006-A payable to any Noteholder under the Transaction Documents have been indefeasibly paid in full.
Payoff Date. The date in which the Administrative Agent delivers the Payoff Notice pursuant to Section 7.1 hereof.
Payoff Date has the meaning set forth in Section 5.13(c).
Payoff Date is defined in Section 9.9.