Scheduled Facility Termination Date definition

Scheduled Facility Termination Date means the earliest of (i) July 15, 2023 (unless a later date has been agreed to in writing by the Facility Agent and each Lender as requested by the Borrower in accordance with Section 2.8), (ii) the date on which the Interest Spread Test Termination Event occurs, (iii) an “Advanced Liquidity Event” occurs with respect to a listing of shares on a national securities exchange in connection with an initial public offering, unless TPC continues as the investment manager of the Equityholder after the effective date of any such initial public offering and (iv) a default under the constituent documents of the Equityholder.

Scheduled Facility Termination Date means, for any Group Commitment, June 28, 2016 or with respect to any Purchaser Group party to an Assumption Agreement or Transfer Supplement, such other date, if any, set forth in the applicable Assumption Agreement or Transfer Supplement.

Scheduled Facility Termination Date means, for any Group Commitment, October 21, 20252026 or with respect to any Purchaser Group party to an Assumption Agreement or Transfer Supplement, such other date, if any, set forth in the applicable Assumption Agreement or Transfer Supplement.

Examples of Scheduled Facility Termination Date in a sentence

• If none of the events described in the foregoing clauses (i) or (ii) occurs during the Consent Period and all Consent Notices have been received, then, the Scheduled Facility Termination Date shall be irrevocably extended until the date that is 364 days after the Scheduled Facility Termination Date then in effect.

• Provided the proffered name(s) are acceptable to the Agent and the XX Xxxxx (in their sole discretion), the Agent shall notify the remaining Financial Institutions of such fact, and, subject to clause (d) below, the then existing Scheduled Facility Termination Date shall be extended for an additional 364 days upon satisfaction of the conditions for an assignment in accordance with Section 12.1 and the Commitment of each Non-Renewing Financial Institution shall be reduced to zero.

• In the event that the Commitments are not extended in accordance with the provisions of this Section 4.6, the Commitment of each Financial Institution (other than its commitment to make LC Participation Advances hereunder) shall be reduced to zero on the Scheduled Facility Termination Date.

• The Seller may advise the Administrator (which shall promptly forward a copy to each Purchaser Agent) in writing of its desire to extend the Scheduled Facility Termination Date for each Group Commitment (or portion thereof), provided such request is made not more than 90 days (or such other number of days as to which the applicable Purchaser Agent shall consent) prior to, and not less than 60 days prior to, the next Scheduled Facility Termination Date.

• Seller shall notify Buyer of any damage to or destruction of the Real Estate Assets promptly after Seller learns of the same.

More Definitions of Scheduled Facility Termination Date

Scheduled Facility Termination Date means April 15, 2017; provided that the Seller may, with the prior written consent of the Agent and each Purchaser, extend the then existing Scheduled Facility Termination Date for a term of one year by providing written notice to the Agent on or before each anniversary of April 15th that is two years prior to the then existing Scheduled Facility Termination Date of its request to extend the then existing Scheduled Facility Termination Date for one year.”; and

Scheduled Facility Termination Date has the meaning set forth in Section 1.05(a).

Scheduled Facility Termination Date means December 6, 2019.

Scheduled Facility Termination Date means February 9, 2021.

Scheduled Facility Termination Date means September 30, 2025 or such later date as the Borrower and the Bank shall agree pursuant to Section 2.3(d).

Scheduled Facility Termination Date means for May 24, 2013, or such later date as the Seller, the Purchaser and the Administrative Agent may agree from time to time.

Scheduled Facility Termination Date means, for any Group Commitment (or portion thereof), the “Scheduled Facility Termination Date” set forth therefor on the signature page hereof (or in the applicable Assumption Agreement or Transfer Supplement), subject to any extension thereof pursuant to Section 1.6 of the Agreement.