Term Loan Commencement Date definition

Term Loan Commencement Date has the meaning specified in Section 2.3(b) hereof.
Term Loan Commencement Date as defined in Section 2 .4 of the Agreement.
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.

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.

  • 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.

  • Interest From the Term Loan Commencement Date to December 31, 2022, the Term Debt shall not bear interest.(a) From and after January 1, 2023, the Applicant shall pay interest on the Term Debt at the Interest Rate, calculated and payable monthly on each Interest Payment Day Date, both before and after maturity, default and judgment, with interest on overdue interest at the same rate.

  • Interest From the Term Loan Commencement Date to December 31, 2022, the Term Debt shall not bear interest.(a) From and after January 1, 2023, the Applicant shall pay interest on the Term Debt at the Interest Rate, calculated and payable monthly on each Interest Payment Day, both before and after maturity, default and judgment, with interest on overdue interest at the same rate.

  • Interest From the Term Loan Commencement Date to December 31, 2022, the Term Debt shall not bear interest.(a) From and after January 1, 2023, the Applicant shall pay interest on the Term Debt at the Interest Rate, calculated and payable monthly on each Interest Payment Date, both before and after maturity, default and judgment, with interest on overdue interest at the same rate.

  • 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.

  • 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.

  • The individual no longer meets a Highest Needs Group level of care.

  • The Authority shall pay interest on the unpaid principal amount of the Term Loan from the Term Loan Commencement Date until the principal amount thereof is paid in full at the Term Out Rate or the Default Rate, as applicable; provided, however, that at no time shall the interest rate payable on any Term Loan exceed the Maximum Interest Rate.

  • 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.


More Definitions of Term Loan Commencement Date

Term Loan Commencement Date means the same day as the Commitment Termination Date.
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.
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.
Term Loan Commencement Date means January 16, 2019.
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.

Related to Term Loan Commencement Date

  • 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.

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

  • 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 Facility has the meaning assigned to such term in Section 2.22(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 of the Notes or such other date as may be specified as the Interest Commencement Date in the relevant Final Terms;

  • 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, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.