Term Loan Payment Date definition

Term Loan Payment Date is defined in Section 2.1.1(b).

Term Loan Payment Date has the meaning set forth in Section 1(c)(ii) of this Agreement.

Term Loan Payment Date means the last Business Day of each March, June, September and December occurring prior to the Maturity Date beginning September 30, 2002.

Examples of Term Loan Payment Date in a sentence

• Interest on the Notes purchased will cease to accrue on and after the Term Loan Payment Date.

• Interest accrued on each LIBO Rate Advance shall be payable on each Term Loan Payment Date, commencing with the first such date to occur after the date hereof and at maturity.

• Any principal payment with respect to the Term Loan not paid when due, whether on a Term Loan Payment Date or by acceleration, shall bear interest thereafter at a rate per annum of two percent (2.0%) over the Term Loan Applicable Rate in effect with respect to such payment at the time of such default (the "Term Loan Default Rate").

• The principal amount outstanding under the Term Notes shall be payable in quarterly installments commencing on the first day of the fourth full fiscal month following the Closing Date and, thereafter, on each three-month anniversary thereof (each such date, a “Term Loan Payment Date”) as follows: (a) on each Term Loan Payment Date, in an amount equal to $9,250,000 and (b) on the Maturity Date, in any amount equal to the remaining aggregate principal amount of the Term Loans outstanding on such date.

• Notwithstanding anything in this Section 2.3(b) to the contrary, in the event the Company at the time of a Term Loan Payment Date is not able to make a payment under Section 2.3(b)(i) using common stock of the Company under the Marketplace Rules of the Nasdaq Stock Market, any principal payment due on such Term Loan Payment Date shall be due and payable on August 1, 2009.

More Definitions of Term Loan Payment Date

Term Loan Payment Date means the date on which all Term Loan Obligations have been paid in full (other than indemnities and other contingent obligations not yet due and payable) and the Term Loan Documents have been terminated.

Term Loan Payment Date means the first day of each month.

Term Loan Payment Date as defined in Subsection 2.5(b).

Term Loan Payment Date means each date set forth in the table in Section 2.2(iii).

Term Loan Payment Date. Has the meaning set forth in Section 2.5(a).

Term Loan Payment Date means each March 31, June 30, September 30 and ---------------------- December 31 occurring after the Conversion Date.

Term Loan Payment Date means, with respect to any Term Loan, (a) the first Business Day of the third month immediately following the related Term Loan Start Date and the first Business Day of each third consecutive month thereafter occurring prior to the Maturity Date, and (b) the Maturity Date.