Secured Period definition

Secured Period means the period included between the date of execution of this Deed and the date when:
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Secured Period means the period beginning on the date of this Agreement and ending on the date upon which the Secured Obligations have been unconditionally and irrevocably paid and discharged in full to the Lender or to any other entity indicated the Lender.
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Secured Period means the period commencing on the date that the Extension Conditions have been satisfied to Lender’s satisfaction and ending on the Extended Maturity Date.
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Examples of Secured Period in a sentence

  • Upon failure by the Company punctually to pay or perform any Guaranteed Obligation when due, after the expiration of any applicable grace period, the Secured Period may make demand upon the Guarantor for the payment or performance of such Guaranteed Obligation and the Guarantor binds and obliges itself to make such payment or performance forthwith upon such demand.

  • Create or suffer to exist any Lien, or cause any other Person to create or suffer to exist any Lien, upon (i) during the Unsecured Period, the Unencumbered Shares and (ii) during the Secured Period, any of the Collateral, other than Liens granted to the Lender to secure the obligations hereunder.

  • Hence, the configuration of the composite application changes accord- ingly.

  • If the assessment date on the AIS NFTL record does not match the assessment date for this assessment, then update the "AIS Assessed" field and follow the instructions in item (j), Secured Period Flag, above.

  • The loan payable is secured by cash and cash equivalents until the earlier of the placement of all proceeds available for investment or December 31, 2014 (Cash Secured Period) with interest at bank prime.

  • The period of time during which a Letter of Credit is required to remain in effect under this Agreement is herein called the "Secured Period." If the Company does not establish or renew a Letter of Credit as required by Section 1 and this Section 6, the payment of all amounts described in Section 1 shall be accelerated in accordance with Section 8 hereof.

  • So long as a Secured Period is then in effect, subject to the Intercreditor Agreement, the Company shall not take or omit to take (or permit to be taken or omit to be taken) any action that would adversely affect or impair in any material respect the Liens in favor of the Collateral Agent with respect to the Collateral.

  • During any Secured Period, no Grantor will, without the Trustee’s prior written consent, alter or remove any identifying symbol or number on any of such Grantor’s Equipment constituting Collateral.

  • The Secured Period flag indicates the Service may be entitled to an adequate protection or cash collateral agreement.

  • This power, being coupled with an interest, is irrevocable during any Secured Period, subject in any case to the provisions of the Intercreditor Agreement until the Indenture has been terminated and the Obligations have been fully satisfied.


More Definitions of Secured Period

Secured Period means the period beginning on the Closing Date or a Collateral Trigger Date, as applicable, and ending on the earlier of (a) the applicable Collateral Trigger Termination Date and (b) the date on which all Liens held by the Administrative Agent for the benefit of the Secured Parties are released pursuant to Section 9.19.
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Secured Period means (i) the period commencing on the Issue Date, if any, and ending on such date, if any, as the Note Liens on all of the Collateral are, or are required to be, released pursuant to Section 11.06(a), and (ii) any subsequent period commencing on any subsequent Lien Attachment Date, if any, and ending on such date, if any, as the Note Liens on all of the Collateral are, or are required to be, released pursuant to Section 11.06(a). Notwithstanding anything to the contrary in the immediately preceding sentence, no Secured Period shall arise following the release of any Note Liens pursuant to Section 11.06(b).
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Secured Period means the period beginning on the Closing Date or a Collateral Trigger Date, as applicable, and ending on the earlier of (a) the applicable Collateral Trigger Termination Date and (b) the date on which all Liens held by the Administrative Agent for the benefit of the Secured Parties are released pursuant to Section 9.19 .
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Secured Period means the period beginning on the date hereof and ending on the first anniversary of the full and unconditional discharge of the Secured Liabilities described under paragraph (a) of the definition of Secured Liabilities, provided that if in the meantime the Assignor or any third party who has made payments discharging the Secured Liabilities described under paragraph (a) of the definition of Secured Liabilities, on behalf of the Assignor is adjudicated bankrupt or submitted to any insolvency proceedings which may trigger the applicability of article 65 or article 67 of the Insolvency Law (or any similar provision under any applicable law), such term shall be extended until no revocatory action can be exercised;
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Secured Period means (i) the period commencing on the initial Lien Attachment Date, if any, and ending on such date, if any, as the Note Liens on all of the Collateral are, or are required to be released pursuant to Section 11.6(a), and (ii) any subsequent period commencing on any subsequent Lien Attachment Date, if any, and ending on such date, if any, as the Note Liens on all of the Collateral are, or are required to be released pursuant to Section 11.6(a).
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Secured Period means the period of time commencing on the date of this Indenture and continuing until the latest date specified in a Supplemental Indenture under which obligations of BC Ferries exist.
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Related to Secured Period

  • Covered Period means the period beginning six (6) months prior to a Change in Control and ending twenty-four (24) months after the Change in Control.

  • Financing Period means the number of calendar days from, but excluding, the immediately preceding Reset Date to, and including, the current Reset Date.

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Required Period means (a) 15 business days in the case of construction drawings, and (b) 10 business days in the case of any other plans and specifications (including a space plan). Any such notice of disapproval shall describe with reasonable specificity the basis for Landlord’s disapproval and the changes that would be necessary to resolve Landlord’s objections.

  • Trustee Float Period With respect to the Distribution Date and the related amounts in the Distribution Account, the period commencing on the Business Day immediately preceding such Distribution Date and ending on such Distribution Date.

  • Unsecured PHI or “PHI that is unsecured” means PHI that is not rendered unusable, 29 unreadable, or indecipherable to unauthorized individuals through the use of a technology or 30 methodology specified by the Secretary of Health and Human Services in the guidance issued on the

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate 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 Administrative Agent and the L/C Issuer shall have been made).

  • Secured Promissory Note is defined in Section 2.4.

  • Trust Period means the period ending on the earlier of:

  • Secured Property means the assets that are the subject of the security constituted by the Security Documents.

  • 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.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Forbearance Period means the period beginning on the date hereof and ending on the Forbearance Termination Date.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Investment Period means, and shall be equal to, the Standard Investment Period.

  • Discharge Date means the date when the outstanding Obligations (other than unasserted contingent payment obligations that by their nature expressly survive the termination of the Financing Documents) have been paid in full in cash and all Commitments have been terminated.

  • Term Loan Standstill Period has the meaning provided in Section 8.01(b).

  • Cover Period means the period from the cover start date to the cover end date.

  • Discharge of First Lien Obligations shall have the meaning assigned to such term in the Intercreditor Agreement.

  • Discharge of Term Obligations shall have the meaning provided in the Intercreditor Agreement.

  • Revolving Period means the period beginning on the Closing Date and ending at the close of business on the day immediately preceding the earlier of the day the Controlled Accumulation Period commences or the day the Early Amortization Period commences.

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • Subordination Period means the period commencing on the Closing Date and ending on the first to occur of the following dates:

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • Second Period The period of the Contract Term specified in Section 3.2.

  • Payment Period means the three months following each Collection Quarter.