Term Period Commencement Date definition

Term Period Commencement Date shall have the meaning assigned to such term in Section 4.04.
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Term Period Commencement Date means the same day as the day set forth in clause (a) of the definition of Commitment Termination Date (without giving effect to the final proviso at the end of such definition); provided, that, the Term Period Commencement Date shall not occur hereunder if an Event of Default has occurred and is continuing as of the same day as the day set forth in clause (a) of the definition of Commitment Termination Date (without giving effect to the final proviso at the end of such definition).
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Term Period Commencement Date set forth in Section 1.01 of the LSA is amended and restated in its entirety to read as follows.
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Examples of Term Period Commencement Date in a sentence

  • Delivery to Administrative Agent and the Loan Insurer on or before the Term Period Commencement Date, in form and substance reasonably satisfactory to Controlling Party, of such date-down opinions, resolutions, certificates and other evidence as the Administrative Agent or the Loan Insurer may reasonably request.

  • The Administrative Agent and the Loan Insurer shall have received the initial Annual Operating Budget as required under Section 5.09(b) for the period from the Term Period Commencement Date through the end of the calendar year in which Term-Conversion is to occur; provided that if such period is less than three (3) months, the Administrative Agent and the Loan Insurer shall have also received the Annual Operating Budget for the first full calendar year thereafter.

  • Subject to the terms and conditions set forth in this Agreement and in reliance upon the representations and warranties of Borrower set forth herein, each Lender severally agrees to make to Borrower on the Term Period Commencement Date, at the request of Borrower, a term loan under this Section 2.1.2 (individually a "Term Loan" and, collectively, the "Term Loans") in an aggregate principal amount equal to the aggregate principal amount of outstanding Construction Loans made by such Lender.

  • Administrative Agent shall have received the Annual Operating Budget for each Project as required under Section 5.14.3 for the period from the Term Period Commencement Date through the end of the calendar year in which Term-Conversion is to occur; provided that if such period is less than three months, Administrative Agent shall have also received the Annual Operating Budget for each Project for the first full calendar year thereafter.

  • Each Advance, other than the Advance to be made on the Term Period Commencement Date in accordance with Section 2.01(b), shall be in a minimum principal amount equal to $250,000 and in integral multiples of $250,000 in excess thereof.

  • On the Term Period Commencement Date, the amount on deposit in or credited to the Debt Service Reserve Account, together with the stated amount of any Qualified Letter of Credit available for payment to Administrative Agent for disbursement to the Debt Service Reserve Account, shall be not less than 50% of the DSR Required Balance, and each Project Company has available to it in its O&M Account or in use as working capital the amount of working capital required under the applicable Depositary Agreement.


More Definitions of Term Period Commencement Date

Term Period Commencement Date means September 12, 2008.
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Term Period Commencement Date has the meaning given in Section 3.3 of the Credit Agreement.
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Related to Term Period 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.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Rent Commencement Date means the Commencement Date.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

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

  • Offering Commencement Date means the first day of each Offering Period.

  • Commencement Date means the date of this Agreement;

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Billing Commencement Date means the earlier of:

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.

  • Term Start Date has the meaning set forth in Section 1.01.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • 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;

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.