Examples of Scheduled Reduction Date in a sentence
As a result of such exclusive participation in the Temporary Increase Tranche, the Principal Obligations may from time to time prior to the Scheduled Reduction Date be allocated amongst the Lenders in proportions other than their pro rata share of the aggregate Commitments.
The unpaid principal amount of the Obligations with respect to Temporary Increase Loans that are outstanding on the Scheduled Reduction Date, together with all accrued but unpaid interest thereon, shall be due and payable on the Scheduled Reduction Date and the Maximum Commitment shall automatically decrease by the aggregate amount of the Temporary Increase Commitments without any further action by any party hereto.
At any time prior to the Scheduled Reduction Date, to the extent that (i) the Principal Obligations equal or exceed the Commitments under the Primary Tranche and (ii) the aggregate Principal Obligations do not exceed the Available Commitment and subject to the other terms and conditions set forth herein, any Loan requested by a Borrower in accordance with Section 2.3(a) shall be funded as a Temporary Increase Loan.
Rubber boot manhole connectors, install either a standard A-2000/A-2026 double gasket (8”-10”) or an A-2000 manhole gasket (12’-36”) on the pipe spigot under the stainless steal strap A-Lok: where manholes are manufactured with A-Lok connections, use a CONTECH PVC manhole sleeve A-Lok manhole sleeve are available already attached to the pipe.
Each such new Revolving Loan shall be dated the Effective Date (or the Scheduled Reduction Date, if the Assignment Effective Date occurs on or after the Scheduled Reduction Date) and each such new Note shall otherwise be in the form of the Note replaced thereby.
In the event that Xxxxxx does not meet all of the foregoing conditions set forth in clauses (i) through (v) of the immediately preceding sentence at the beginning of the fourth (4) Rent Year, then the First Scheduled Reduction Date shall be deferred until such date as Tenant has met such conditions.
If Tenant subsequently satisfies each of the Reduction Conditions with respect to the Scheduled Reduction Date occurring on the fourth (4th) anniversary of the Commencement Date, then only the Reduction applicable to the fourth (4th) anniversary of the Commencement Date shall occur.
If the Reduction Conditions are not satisfied in respect of any Scheduled Reduction Date (as such date may be extended as provided above), Tenant shall have no further right to reduce the face amount of the letter of credit which shall thereafter throughout the term remain at the amount then in effect.
To the knowledge of the registrant, no arrangements exist which might subsequently result in a change in control of the registrant.
In the event that Xxxxxx does not meet all of the foregoing conditions set forth in clauses (i) through (v) of the immediately preceding sentence at the beginning of the eighty-fifth (85th) full calendar month immediately following the Commencement Date, then the Second Scheduled Reduction Date shall be deferred until such date as Tenant has met such conditions.