Senior Debt Termination Date definition

Senior Debt Termination Date means the date on which all Financing Liabilities, other than contingent liabilities and obligations that are unasserted at such date, have been paid and satisfied in full and all Financing Commitments have been terminated.
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Senior Debt Termination Date has the meaning ascribed to "Termination Date" in the Intercreditor Agreement.
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Senior Debt Termination Date means the date on which all Financing Liabilities, other than contingent liabilities and obligations which are unasserted at such date, have been paid and satisfied in full and all Financing Commitments have been terminated, including, without limitation, the termination or expiration of the DSR Letter of Credit, the PPA Letter of Credit and the termination of the Commitments under and as defined in the Working Capital Agreement.
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Examples of Senior Debt Termination Date in a sentence

  • Following the Senior Debt Termination Date, this Agreement shall continue in full force and effect among the Company, the Subordinated Debt Providers, and the Collateral Agent, and the Subordinated Debt Providers shall have all powers, duties and obligations granted hereunder to the Senior Parties or the Senior Parties as if it were a Senior Party.

  • Notification that the Senior Debt Termination Date has occurred, within 5 days thereof.

  • All Promissory Notes, certificates and Instruments shall be (A) held by or on behalf of the Agent pursuant hereto, or at any time prior to the Senior Debt Termination Date, by or on behalf of the Senior Agent as gratuitous bailee for the Agent in accordance with the Specified Subordination Agreement, and (B) delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment executed in blank.

  • Regardless of whether a Default or an Event of Default has occurred or is continuing, the Agent or, at any time prior to the Senior Debt Termination Date, the Senior Agent, acting as gratuitous bailee for the Agent in accordance with the Specified Subordination Agreement, shall have the right to hold in its possession all Pledged Shares pledged, assigned or transferred hereunder and from time to time constituting a portion of the Collateral.

  • Each Subordinated Creditor agrees that no payment or distribution to the Agent shall entitle such Subordinated Creditor to exercise any rights of subrogation in respect thereof until the Senior Debt Termination Date has occurred.

  • Until the Senior Debt Termination Date, neither Subordinate Lender nor WAA may, without the prior written consent of Senior Lender, commence, or join with any other person or entity in commencing, any proceeding against any person or entity with respect to the Subordinate Debt or the WAA Debt under any bankruptcy, reorganization, readjustment of debt, dissolution, receivership, liquidation, or insolvency law or statute now or hereafter in effect in any jurisdiction.

  • This Agreement shall remain in full force and effect until the Senior Debt Termination Date.

  • Each Subordinated Creditor agrees that, until the Senior Debt Termination Date has occurred, it will not commence, or join with any creditor other than the Agent (if the Agent specifically approves in writing) in commencing, any Proceeding or otherwise making any Claim.

  • Any such amounts and other items received by a Debtor shall not be commingled with any other of such Debtor’s funds or property, but will be held separate and apart from such Debtor’s own funds or property, and upon express trust for the benefit of the Agent until delivery is made to the Agent or, at any time prior to the Senior Debt Termination Date, to the Senior Agent.

  • Upon the occurrence of the Senior Debt Termination Date, any balance of such amounts or any security remaining in the hands of the Agent shall be paid over to, reassigned and redelivered to the applicable Subordinated Creditor, at its cost and expense.


More Definitions of Senior Debt Termination Date

Senior Debt Termination Date means the later to occur of (i) the Lender Financing Termination Date and (ii) the Eximbank Termination Date.
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Senior Debt Termination Date shall have the meaning set forth in the Intercreditor Agreement.
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Senior Debt Termination Date means the date on which all the Senior Obligations (other than the Enron Subordinated Obligations and other than contingent liabilities and obligations which are unasserted at such date) have been indefeasibly paid or otherwise satisfied in full and all Senior Debt Financing Documents related thereto have been terminated.
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Related to Senior Debt Termination Date

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • 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).

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • 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.

  • Agreement Termination Date is defined in Section 7.4.

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

  • Revolving Termination Date means the earlier to occur of:

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

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

  • Loan Termination Date means the earliest to occur of the following: (a) November , 2009, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

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

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Existing Commitment Termination Date as defined in Section 2.12(a).

  • Event Termination Date See Section 2(e) hereof.

  • Scheduled Commitment Termination Date means March 21, 2023March 28, 2022.

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

  • Availability Termination Date means, as to either Borrower, the earliest of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

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

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Funding Termination Date means the Business Day immediately preceding the ------------------------ Remittance Date occurring in the calendar month that is the third calendar month following the calendar month of the Closing Date, or November 30, 2001.

  • Bankruptcy Coverage Termination Date The point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.