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, for a Term Loan, the 91st day following the date the related Liquidity Advance was made.

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.

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 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.

Term Loan Commencement Date means the same day as the Commitment Termination Date.

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.

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.