Purchase Commitment Termination Date definition

Purchase Commitment Termination Date means the earlier of the Business Day preceding the day on which the Scheduled Amortization Period commences and the Business Day preceding the day on which the Early Amortization Period commences.
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Purchase Commitment Termination Date means November 17, 2000; provided that if the "Commitment Termination Date" under the Credit Agreement is extended as provided therein, the Purchase Commitment Termination Date shall, automatically and without any action on the part of State Auto Financial or the Company, be extended to the date to which said "Commitment Termination Date" has been so extended.
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Purchase Commitment Termination Date means the earliest to occur of: (i) the date on which the aggregate Purchase Price of Receivables (excluding Existing Receivables) purchased by the Purchaser under this Agreement or the Original Agreement shall be equal to the Maximum Purchase Amount (not including the Purchase Price for any Receivables repurchased by the Seller pursuant to Section 5.01(l)), (ii) the date which is twelve (12) months following the Amendment Date and (iii) the occurrence of a Purchase Commitment Termination Event (unless waived by the Purchaser).
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Examples of Purchase Commitment Termination Date in a sentence

  • Being listed on the DSSPVL does not guarantee a contractor will ever receive a work order request from the Department.

  • Capital Premium additionally contends that BankDirect has waived any argument based on the Loan Purchase Commitment Termination Date by failing to raise it in its initial response to its motion; and that, notwithstanding anything in the MTA to the contrary, BankDirect’s conduct has established an implied contract between the parties giving Capital Premium the right to continue servicing the loans.

  • However, even as to the termination of Capital Premium’s servicing duties, the argument fails because it misconstrues the above-quoted definition of the “Loan Purchase Commitment Termination Date.” As Capital Premium points out, January 31, 2016 serves as the Loan Purchase Commitment Termination Date (and hence, under the LPSSA, the loan-servicing termination date) only if several conditions are met.

  • As a result, BankDirect concludes, the Loan Purchase Commitment Termination Date was January 31, 2016.BankDirect goes on to note that under the LPSSA, Capital Premium’s right to service loans for BankDirect terminates on the Loan Purchase Commitment Termination Date.

  • It means only that BankDirect is not entitled to terminate its servicing relationship with Capital Premium during the pendency of this litigation based on the MTA’s definition of the Loan Purchase Commitment Termination Date.

  • To request a Purchase, prior to the Note Purchase Commitment Termination Date, Issuer shall complete, sign and deliver a Purchase Request at least fifteen (15) Business Days before the requested Purchase Date to Agent.


More Definitions of Purchase Commitment Termination Date

Purchase Commitment Termination Date means the earliest to occur of: (i) the date on which the Purchaser has purchased an aggregate amount of Receivables (excluding Existing Receivables) under this Agreement having an aggregate Purchase Price equal to the Maximum Purchase Amount, (ii) the date which is twenty-four (24) months following the Closing Date and (iii) the occurrence of a Purchase Commitment Termination Event (unless waived by the Purchaser).
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Related to Purchase Commitment 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.

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Revolving Commitment Termination Date means the earliest of (i) November 3, 2017, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.9 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise); provided, that, with respect to any Extended Revolving Commitment (and the Extended Revolving Loans made pursuant thereto), the termination date set forth in the Extension Offer with respect thereto.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

  • Term Loan Commitment Termination Date means the earliest to occur of (a) the Amendment No. 9 Effective Date, (b) the date the Term Loan Commitments are permanently reduced to zero pursuant to 2.01(b) and (c) the date of the termination of the Term Loan Commitments pursuant to Section 9.01.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Agreement Termination Date is defined in Section 7.4.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Revolver Termination Date means the date that is the three (3) year anniversary of the Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Liquidity Termination Date means the earlier to occur of (a) May 12, 2014, as such date may be extended from time to time by Three Pillars’ Liquidity Banks in accordance with the Liquidity Agreement, and (b) the occurrence of an Event of Bankruptcy with respect to Three Pillars.

  • Revolving Termination Date means the earlier to occur of:

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.