Term Election definition

Term Election has the meaning assigned to that term in Section 2.16(a).
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Term Election shall have the meaning assigned to that term in Section 2.19.
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Term Election shall have the meaning assigned to such term in Section 2.07(b).
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Examples of Term Election in a sentence

  • Any such notice shall also indicate whether the Borrower elects, in the event that the Lenders determine not to extend the Revolving Period as requested by the Borrower, to extend the then-stated Termination Date from the last day of the then-current Revolving Period to the first anniversary of the last day of the then-current Revolving Period (any such election to so extend the Termination Date being the "Term Election").

  • The Term Election shall be effective on the last day of the Revolving Period, if and only if on such date, no Default or Event of Default shall have occurred and be continuing.

  • Appointment, Term, Election & Retirement of Directors$OO 'LUHFWRUV VHUYH IRU D RQH-\HDU WHUP DQG UHWLUH IURP WKHBoard at each Annual General Meeting (AGM).

  • Discussion on Second Term Election for Executive Committee positions President Vaillancourt passed the Chair to Dr. Merani, Past President, for this portion of the meeting.

  • In the event that the Borrower makes the Term Election, the Borrower shall pay or prepay on the Revolving Period Maturity Date so much of the Standby Borrowings as shall be necessary in order that the aggregate principal amount of the Standby Loans outstanding will not exceed the amount of the Standby Loans subject to the Term Election.

  • To exercise Tenant's option with respect to the Extended Term, Tenant shall give notice to Landlord not more than eighteen (18) months and not less than twelve (12) months prior to the expiration of the initial Term ("Election Notice").

  • To exercise Tenant's option with respect to the Extended Term, Tenant shall give notice to Landlord not less than two hundred ten (210) days prior to the expiration of the Initial Term, or the first Extended Term ("Election Notice").

  • Section 4.2 Number, Term, Election and Qualification of Directors.

  • If the Borrower shall make the Term Election, then on the last day of the Revolving Period, the Commitments shall be permanently reduced to an amount equal to the aggregate principal amount of Advances then outstanding.

  • Notwithstanding any other provision of this Agreement, the Revolving Period may be extended more than once pursuant to this Section 2.16 and the Term Election may be effected on the last day of the Revolving Period whether or not the same has been extended one or more times pursuant to this Section 2.16.

Related to Term Election

  • 10) Election has the meaning set forth in Section 6.05(a).

  • LCA Election has the meaning specified in Section 1.09(a).

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Primary election means any regular primary election held under the election

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.

  • Mail ballot election means any election that is conducted under Title 13, chapter 19, by mailing

  • Regular primary election means the election on the fourth Tuesday of June of

  • Distribution Election With respect to any Series, as specified in the related Supplement.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Investment Election means an election, made in such form as the Administrative Committee may direct, pursuant to which a Participant may elect the Investment Funds in which the amounts credited to his Account will be deemed to be invested.

  • Election Date has the meaning specified in Section 312(h).

  • Election Form means the form established from time to time by the Committee that a Participant completes, signs and returns to the Committee to make an election under the Plan.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Payment Election means an election pursuant to Section 5.1.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • REMIC Election An election, for federal income tax purposes, to treat certain assets as a REMIC.

  • Deferral Election Form means the form established from time to time by the Plan Administrator that the Director completes, signs and returns to the Plan Administrator to designate the amount of the Deferrals.

  • Other Benchmark Rate Election means, with respect to any Loan denominated in Dollars, if the then-current Benchmark is the LIBO Rate, the occurrence of:

  • Special election means an election held as authorized by Section 20A-1-203.

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Local election means a regular county election, a regular municipal election, a

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Mixed Election has the meaning set forth in Section 3.01(b)(iii).