Term Closing Date definition

Term Closing Date shall have the meaning given to such term in Section 2.4.
Term Closing Date. (used herein as “Closing Date” is defined in the Term Agreement), the Guarantors party thereto; (ii) the U.S. Security Agreement (the “U.S. Term Security Agreement”), to be dated on or around the Term Closing Date, by and among the Borrower, the Guarantors party thereto and the Term Agent; (iii) the Canadian Security Agreement (the “Canadian Term Security Agreement” and together with the U.S. Term Security Agreement, the “Term Security Agreements”), to be dated on or around the Term Closing Date, by and among Norcraft Canada Corporation and the Term Agent; (iv) the Credit Agreement (the “ABL Agreement” and, together with the Term Agreement, the “Credit Agreements”), dated as of the date hereof, by and among the Borrower, the Guarantors party thereto, the Lenders party thereto and Royal Bank of Canada, as Swingline Lender, Issuing Bank, Administrative Agent and Collateral Agent (in its capacities as Administrative Agent and Collateral Agent, the “ABL Agent” and, together with the Term Agent, the “Agents”); (v) the U.S. Security Agreement (the “U.S. ABL Security Agreement”), dated as of the date hereof, by and among the Borrower, the Guarantors party thereto and the ABL Agent; and (vi) the Canadian Security Agreement (the “Canadian ABL Security Agreement” and together with the U.S. ABL Security Agreement, the “ABL Security Agreements”), dated as of the date hereof, by and among Norcraft Canada Corporation and the ABL Agent.
Term Closing Date means the date upon which: (i) each condition precedent required under Article IIIA of this Term Loan Agreement has been satisfied or waived and (ii) the Term Deed of Trust and the Subordination Agreement have been filed and/or recorded in accordance with and in the manner required by the Closing Instructions. "Term Deed of Trust" shall mean the Deed of Trust with Assignment of Rents to be executed by Borrower on or before the Term Closing Date in favor of Term Lender, encumbering the Caramella Property, as such deed of trust may be amended, modified, extended, renewed or restated from time to time.

Examples of Term Closing Date in a sentence

  • Such notice shall be irrevocable if not revoked within five (5) days after delivery and shall in each case refer to this Agreement and specify a date (the "Term Closing Date") on which the Purchase shall occur.

  • The Borrowers agree that the representations and warranties set forth in this SECTION 5.7 will survive the Second Term Loan Closing Date and that if such representations and warranties are false or misleading in any material respect on the Second Term Closing Date, an Event of Default will have occurred under Section 9.1(c) of the Credit Agreement.

  • As additional security for the due and punctual payment and performance of the Term Loan and each of the terms, covenants, representations, warranties and provisions herein contained and contained in each of the Term Loan Documents, on or before the Term Closing Date, Guarantors shall execute the Term Guaranty, a copy of which is marked "Exhibit B", affixed hereto and by this reference incorporated herein and made a part hereof.

  • The closing of the transactions contemplated by the Term Agreement (the “Term Closing”) shall take place on such dates as KEF and Borrower shall agree (each a “Term Closing Date”), but in no event later than the Outside Term Closing Date.

  • On or prior to the B Term Closing Date, the Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower stating that all consents, licenses and filings referred to in subsection 5.4 of the Agreement or otherwise required to be obtained in connection with the transactions contemplated hereby have been obtained and are in full force and effect.

  • The representations and warranties of each of Licensor and Licensee set forth below shall be true and correct in all respects as of the date of this Agreement and as of the Extended Term Closing Date as if made on and as of such dates (except to the extent any such representation or warranty is made as of a specified date, which such representation or warranty shall be true and correct in all respects as of such specified date).

  • As security for the due and punctual payment and performance of the terms and provisions of this Term Loan Agreement and the Term Note, the Term Deed of Trust shall be executed and delivered to Term Lender as of the Term Closing Date, by the Borrower.

  • Service Descriptions: Transition Service and Term Description Financial Information Service Term: Closing Date through the Term Seller will provide assistance to Buyer’s accounting personnel to help resolve any accounting issues which may arise from Transferred Assets and Assumed Liabilities.

  • Verisign DDoS Protection Service*Service Term: Closing Date through the Term To allow the migration of the DDoS protection business line to the Buyer, Seller will provide the Seller DDoS Protection Services to Supported Customers in accordance with the Supported Customers’ Transferred Contract as such contract exists as of the Closing Date of the Purchase Agreement.

  • Borrower shall have good and marketable title to the Caramella Property as of the Term Closing Date and at all times during the term of the Term Loan.


More Definitions of Term Closing Date

Term Closing Date means the Closing Date (as defined in the Term Loan Credit Agreement).

Related to Term Closing Date

  • Additional Closing Date has the meaning set forth in Section 3.

  • Second Closing Date means the date of the Second Closing.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • IPO Closing Date means the closing date of the IPO.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Series Closing Date means the date designated as such in the Series Term Sheet.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Outside Closing Date means the date which is 365 days after the earlier of the Firm Closing Date; or Second Tentative Closing Date; or such other date as may be mutually agreed upon in accordance with section 4. “Property” or “home” means the home including lands being acquired by the Purchaser from the Vendor. “Purchaser’s Termination Period” means the 30-day period during which the Purchaser may terminate the Purchase Agreement for delay, in accordance with paragraph 10(b).

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Additional Closing has the meaning set forth in Section 2.3.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.