Relevant Repayment Date definition

Relevant Repayment Date means, in respect of Accommodations Outstanding under the Revolving Credit Facility and the Term Loan Facility, the fifth anniversary of the Closing Date.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Relevant Repayment Date means October 31, 2024.

Relevant Repayment Date means May 5, 2022.

Examples of Relevant Repayment Date in a sentence

• Each Documentary Credit Lender agrees, on the terms and subject to the conditions of this Agreement, to issue Documentary Credits for the account of the applicable Documentary Credit Borrower from time to time on any Business Day prior to the Relevant Repayment Date in respect of the Revolving Credit Facility to such Documentary Credit Borrower.

• A Borrower shall not request an expiry date for a Documentary Credit which would be after the Relevant Repayment Date.

• Each Documentary Credit (i) shall be dated the Issue Date, (ii) shall have an expiration date on a Business Day which occurs no more than 364 days after the Issue Date and not after the Relevant Repayment Date, and (iii) shall comply with the definition of Documentary Credit.

• Each Lender severally agrees, on the terms and conditions of this Agreement, to make Advances to the Borrower under the Credit Facility, from time to time on any Business Day prior to the Relevant Repayment Date.

• The Borrower shall not request a contract maturity date for a Draft which would be after the Relevant Repayment Date in respect of the applicable Credit Facility.

More Definitions of Relevant Repayment Date

Relevant Repayment Date means, in respect of the repayment of all Accommodations made under (i) the Operating Facility; (ii) the Term Facility; and (iii) the Acquisition Facility, the third anniversary of the Closing Date.

Relevant Repayment Date means, in respect of Accommodations Outstanding in respect of a Borrower and any Lender, the date which is two (2) years after the date hereof (unless otherwise extended in respect of such Lender pursuant to Section 2.07).

Relevant Repayment Date means, in respect of the repayment of all Accommodations made under (i) the Canadian Operating Facility and the Canadian Swingline Facility the date which is 364 days after the date hereof (unless otherwise extended pursuant to Section 2.10 in which case it will be, with respect to any Consenting Lender or Acquiring Lender, the date to which they are extended), (ii) the U.S. Operating Facility and the U.S. Alternate Operating Facility, the date which is 364 days after the date hereof (unless otherwise extended pursuant to Section 2.10 in which case it will be, with respect to any Consenting Lender or Acquiring Lender, the date to which it is extended), and (iii) the Canadian Term Facility and the Canadian Acquisition Facility, November 12, 2004.

Relevant Repayment Date means, in respect of the repayment of all Accommodations made under (i) the Operating Facility, in respect of each Operating Lender, February 13, 2011; (ii) the Term A Facility, the date on which the final instalment is due pursuant to Section 2.04(2); and (iii) the Term B Facility, the date on which the final instalment is due pursuant to Section 2.04(3).

Relevant Repayment Date means, in respect of the repayment of all Accommodations made under the Credit Facility, December 2,2002.

Relevant Repayment Date means, in respect of the repayment of all Accommodations made under (i) the Operating Facility, and (ii) the Term Facilities, June 15, 2008.

Relevant Repayment Date means December 22, 2019.