Examples of Term Loan Obligations Payment Date in a sentence

The RCF Representative, for and on behalf of itself and the RCF Secured Parties, agrees that no payment to the Term Loan Representative or any Term Loan Secured Party pursuant to the provisions of this Agreement shall entitle the RCF Representative or any RCF Secured Party to exercise any rights of subrogation in respect thereof until the Term Loan Obligations Payment Date.
Subject to Section 5.5, this Agreement shall continue to be effective, and shall not be revocable by any party hereto, until the earlier of (i) the RCF Obligations Payment Date and (ii) the Term Loan Obligations Payment Date.
Until the earlier of the Term Loan Obligations Payment Date and the RCF Representative Enforcement Date, the RCF Representative agrees, on behalf of itself and the other RCF Secured Parties, that none of them will seek relief from the automatic stay or from any other stay in any Insolvency Proceeding or take any action in derogation thereof, in each case in respect of any Other Collateral, without the prior written consent of the Term Loan Representative.

More Definitions of Term Loan Obligations Payment Date

Term Loan Obligations Payment Date means the first date on which (a) the Term Loan Obligations (other than those that constitute Unasserted Contingent Obligations) have been paid in cash in full (or cash collateralized or defeased in accordance with the terms of the Term Loan Documents) and (b) the Term Loan Agent has delivered a written notice to the ABL Agent stating that the foregoing has occurred to the satisfaction of the Term Loan Secured Parties, which notice shall be delivered by the Term Loan Agent to the ABL Agent promptly after the occurrence of the events described in clause (a) (but without liability for any failure to so deliver such notice).

Term Loan Obligations Payment Date means the first date on which (a) the Term Loan Obligations (other than those that constitute Unasserted Contingent Obligations) have been paid in cash in full, (b) all commitments to extend credit under the Term Loan Documents (including any commitments to extend Incremental Term Loans (as defined in the Term Loan Agreement)) have been terminated, and (c) so long as the ABL Obligations Payment Date shall not have occurred, the Term Loan Representative shall have has delivered a written notice to the ABL Representative stating that the events described in clauses (a) and (b) have occurred to the satisfaction of the Term Loan Secured Parties.

Term Loan Obligations Payment Date means the first date on which (a) the Term Loan Obligations (other than those that constitute Unasserted Contingent Obligations) have been indefeasibly paid in cash in full, (b) all commitments to extend credit under the Term Loan Documents have been terminated, (c) there are no outstanding letters of credit or similar instruments issued under the Term Loan Documents (other than such as have been cash collateralized or defeased in accordance with the terms of the Term Loan Documents or otherwise in a manner satisfactory to the applicable issuing banks), and (d) so long as the ABL Obligations Payment Date shall not have occurred, the Term Loan Representative has delivered a written notice to the ABL Representative stating that the events described in clauses (a), (b) and (c) have occurred to the satisfaction of the Term Loan Secured Parties.

Term Loan Obligations Payment Date means the first date on which (a) the Term Loan Obligations (other than those that constitute Unasserted Contingent Obligations) have been indefeasibly paid in cash or cash collateralized in full, (b) all commitments to extend credit under the Term Loan Documents have been terminated, (c) so long as the ABL Obligations Payment Date shall not have occurred, the Term Debt Representative has delivered a written notice to the ABL Representative stating that the events described in clauses (a) and (b) have occurred to the satisfaction of the Term Loan Secured Parties, and (d) so long as the Receivables Obligations Payment Date shall not have occurred, the Term Debt Representative has delivered a written notice to the Receivables Representative stating that the events described in clauses (a) and (b) have occurred to the satisfaction of the Term Loan Secured Parties.

Term Loan Obligations Payment Date means the first date on which (a) the Term Loan Obligations (other than those that constitute Unasserted Contingent Obligations) have been paid in cash in full (or cash collateralized or defeased in accordance with the terms of the U.S. Loan Documents) and (b) the Term Collateral Agent has delivered a written notice to the U.S. Revolver Collateral Agent and the International Collateral Agent stating that the foregoing has occurred to the satisfaction of the Term Loan Secured Parties, which notice shall be delivered by the Term Collateral Agent to the U.S. Revolver Collateral Agent and the International Collateral Agent promptly after the occurrence of the events described in clause (a) (but without liability for any failure to so deliver such notice).

Term Loan Obligations Payment Date means the first date on which both the First Lien Term Loan Obligations Payment Date and the Second Lien Term Loan Obligations Payment Date has occurred.