Term Loan Commencement Date definition

Term Loan Commencement Date has the meaning specified in Section 2.3(b) hereof.
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Term Loan Commencement Date as defined in Section 2 .4 of the Agreement.
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Term Loan Commencement Date means, for a Term Loan, the 91st day following the date the related Liquidity Advance was made.
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Examples of Term Loan Commencement Date in a sentence

  • If 75% of the CEBA Term Loan at the CEBA Term Loan Commencement Date is repaid on or before December 31, 2022, the repayment of the remaining 25% of such CEBA Term Loan shall be forgiven.

  • Customer shall deliver each Request for Term Loan Advance on or prior to 1:00 p.m. (eastern time) one (1) Business Day prior to each Term Loan Commencement Date.

  • Upon the Term Loan Commencement Date, no further advances shall be made on the Consolidated Note, and Borrower shall make monthly installments of principal and interest as more particularly described in the Consolidated Note.

  • If 75% of the CEBA Term Loan at the CEBA Term Loan Commencement Date on or before December 31, 2022 is repaid, the repayment of the remaining 25% of such CEBA Term Loan shall be forgiven ("Early Payment Credit").

  • Until the Term Loan Commencement Date, the Borrower shall be permitted to continue to make advances of the remaining, unadvanced principal balance of the Consolidated Note in accordance with the terms and conditions set forth in the Loan Agreement, as amended by this Agreement.

  • The principal of each Term Loan is payable in equal semi-annual installments, on each six month anniversary of the Term Loan Commencement Date; provided that the unpaid principal amount of all outstanding Term Loans shall be payable in full on the related Term Loan Maturity Date.

  • If the Line of Credit Borrowings as of the Term Loan Commencement Date are less than the Maximum Line of Credit Amount, the Amortization Payments shall be reduced by Lender on a pro-rata basis relative to the Maximum Line of Credit Amount.

  • Since 1992, Dr. DiFino has been a principal investigator/associate investigator with the Community Clinical Oncology Program in Syracuse; he also is a member of Cancer and Leukemia Group B.

  • The principal installments for such Term Loan shall be due and payable on each Semi-Annual Date in such period and on the last day of such period, the first such installment due one hundred eight (180) days after the Term Loan Commencement Date, in an amount due on each such date derived by dividing the aggregate principal amount of such Term Loan by the total number of such payment dates; provided however, that any remaining portion of the Term Loan shall be due and payable on the Amortization End Date.

  • Commencing on the date of the Construction Loan Opening through and including the Term Loan Commencement Date, the interest rate shall be the greater of (i) the LIBOR Rate (as hereinafter defined) per annum plus 300 basis points or (ii) five and one-half percent (5.5%) per annum (the “Construction Loan Interest Rate”), adjusted on the first Business Day (as such term is defined in the Loan Agreement) of each January, April, July and October (each, an “Adjustment Date”) of each year the Loan is outstanding.


More Definitions of Term Loan Commencement Date

Term Loan Commencement Date means January 16, 2019.
Sample 1
Term Loan Commencement Date means the day which is five (5) days prior to the Stated Expiration Date or such earlier date as requested by Authority, or if such date is not a Business Day, the immediately preceding Business Day.
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Term Loan Commencement Date means the earlier of the following to occur; (i) the first day on which the full principal amount of the Commitment shall be outstanding, or (ii) November 1, 1997.
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Term Loan Commencement Date means the same day as the Commitment Termination Date.
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Term Loan Commencement Date means, subject to the satisfaction of the conditions precedent set forth in Section 3.2(b) hereof, the earlier to occur of (i) the Termination Date and (ii) the ninety-first (91st) day following the date on which the Bank makes available to the Issuer any Liquidity Advance.
Sample 1
Term Loan Commencement Date means, with respect to each Purchased Bond, the first to occur of (a) the 90th day following the related Purchase Date and (b) the final day of the Purchase Period; provided, however, that Term Loan Funding with respect to any Purchased Bond shall not occur if the conditions precedent set forth in Section 3.01(c) are not met on the Term Loan Commencement Date for such Purchased Bond.
Sample 1

Related to Term Loan Commencement Date

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Initial Term Loan Repayment Date shall have the meaning provided in Section 2.5(b).

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • 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.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Initial Term Loan Commitment means the commitment of a Lender to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all of the Lenders in the aggregate. The amount of each Lender’s Initial Term Loan Commitment, if any, is set forth on Appendix A-1 or in the applicable Assignment Agreement, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $200,000,000.