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Term Phase definition

Term Phase means the period commencing immediately after the end of the Revolving Phase until repayment of the Credit Facility in full.
Term Phase means the period beginning upon conclusion of the Construction Phase and continuing thereafter until the Maturity Date and all principal and interest due on the Notes has been paid in full.

Examples of Term Phase in a sentence

  • The scope of the Term Phase II shall be equivalent to the Baseline Scope.

  • Should CIBC determine at any time that there is a Borrowing Base Shortfall, during both the Revolving Phase and the Term Phase, the Borrower will, within 60 days, use whatever means necessary to reduce its indebtedness under this Financing Commitment by that amount stipulated by CIBC, or alternatively pledge additional security to CIBC sufficient to cover, in CIBC's opinion, such deficiency.

  • The term of this Lease Agreement consists of three (3) phases: Phase I – ConstructionPhase II – Twenty (20) Year Term Phase III – Option for Renewal Period.

  • The Responses to Comments document also contains text changes to the Draft SEIR made by SEIR preparers to correct or clarify information presented in the Draft SEIR, including minor changes to the project description to include the addition of replacement of the water main between Market and Howard Streets, the Interim Near Term Phase, as well as changes to the Draft SEIR text made in response to comments.

  • By Resolution 2015-38, the Board approved Change Order No. 33 to Contract No. 2014-B-1, for construction of the Long Term Phase of the MMB Project associated with the upcoming Presidio Parkway shift onto the final roadway alignment south of the Toll Plaza.

  • During the Term Phase, the Production Loan will be permanently reduced by way of consecutive monthly principal payments commencing 30 days after the end of the Revolving Phase over an amortization period consistent with the Borrower's cash flow profile, as determined by CIBC, by applying its usual practice for similar type loans in comparable circumstances, provided that such amortization period shall not exceed 36 months.

  • By Resolution No. 2014-040, the Board authorized an award of construction contract, Contract No. 2014-B-1, to Ghilotti Bros., Inc., for construction of the Project’s Short Term Phase scope of work, which involved: modifications to the roadway on the Bridge and its Approaches; modifications to the Toll Plaza islands, toll booths and canopy to accommodate the installation of the MMB; and, seismic retrofit of the toll booths and canopy.

  • To provide for a smooth transition between the present Short Term Phase and the final Long Term Phase of the MMB configuration at the Toll Plaza, the extension of the MMB to the south of the toll booths and all associated roadway work will be constructed concurrently with the Presidio Parkway shift into its final alignment.

  • By Resolution No. 2015-038 the Board approved construction of the MMB Long Term Phase to be financed from unspent budgets for other Project budget line items.

  • By Resolution No. 2014-040, the Board approved a revised Golden Gate Bridge Moveable Median Barrier Project budget in the amount of $30,300,000 to account for the estimated costs of all Short Term Phase elements associated with the roadway and Toll Plaza construction work, the purchase and installation of the MMB, and the 52-hour weekend closure of the Bridge.


More Definitions of Term Phase

Term Phase means a period of time measured from the first day following the end of the Construction Phase and running thereafter to the Maturity Date.

Related to Term Phase

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • 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.

  • Second Draw Period is the period commencing on December 1, 2015 and ending on the earlier of (i) January 31, 2016 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on December 1, 2015, an Event of Default has occurred and is continuing.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Maintenance Term means the period of time for which Customer has purchased Maintenance Services, as evidenced by the Purchase Order delivered by Customer in connection therewith, together with all renewals effected in accordance with Section 4 of this Agreement.

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Extension Term means the time period defined in §2.C.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on June 30, 2019.”

  • Development Phase means the period before a vehicle type is type approved.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Term: Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 6698554 181 14 $69,000.00 $56,400.00 $727.57 685 0300759800 6 180 1 $101,000.00 11/08/2001 48 Xxxxxxxxx XX 00000 02 13.380 125 $56,298.63 12/01/2016 2 6700060 301 09 $151,500.00 $50,000.00 $573.35 691 0300766045 8 300 1 $169,000.00 11/05/2001 24 Xxxxxxx XX 00000 02 13.250 120 $50,000.00 12/01/2026 2 6702548 181 14 $106,021.00 $40,000.00 $467.28 718 0300760055 6 180 1 $134,000.00 11/19/2001 34 Xxxxxxxx XX 00000 02 11.500 109 $40,000.00 12/01/2016 2 6703570 182 14 $60,185.00 $26,800.00 $336.88 686 0300760204 6 180 1 $76,000.00 10/29/2001 00 Xx. Xxxxx XX 00000 02 12.880 115 $26,750.66 12/01/2016 2 6707958 180 14 $125,476.00 $50,000.00 $696.37 674 0300786415 6 179 1 $157,000.00 11/03/2001 35 Xxxxxxxxxxxx XX 00000 02 14.900 112 $49,924.46 11/15/2016 2 6707966 180 14 $112,536.00 $35,000.00 $417.25 675 0300778479 6 179 1 $147,000.00 11/09/2001 35 Xxxxxxxx XX 00000 02 11.880 120 $34,929.10 11/21/2016 2 6707978 181 14 $140,062.00 $50,000.00 $612.20 663 0300778677 6 179 1 $171,000.00 10/23/2001 48 Xxx Xxxxx XX 00000 02 12.380 112 $49,903.43 11/16/2016 2 6708016 181 14 $118,937.00 $42,000.00 $493.99 708 0300767167 6 179 1 $136,000.00 10/16/2001 38 Xxxxxxx XX 00000 02 11.630 119 $41,912.89 11/01/2016 2 6708110 181 14 $151,815.00 $53,500.00 $690.16 694 0300760345 6 179 1 $165,000.00 10/30/2001 41 XXX XXXXXX XX 00000 02 13.380 125 $53,500.00 11/15/2016 2 6708128 181 14 $100,036.00 $35,000.00 $483.88 657 0300766904 6 180 1 $112,000.00 11/21/2001 28 XXXXX XXXXX XX 00000 02 14.750 121 $35,000.00 12/01/2016 2 6708130 181 14 $54,754.00 $50,000.00 $636.74 669 0300760709 6 180 1 $87,000.00 11/21/2001 37 XXXXXXX XX 00000 02 13.130 121 $49,910.14 12/01/2016 2 6708132 181 14 $119,251.00 $41,999.00 $490.63 690 0300766920 6 180 1 $129,000.00 11/15/2001 41 XXXX XX 00000 02 11.500 125 $41,910.86 12/01/2016 2 6708134 301 14 $139,673.00 $74,250.00 $754.73 719 0300766946 8 300 1 $205,000.00 11/21/2001 34 XXXXXXXX XXXXXXX XX 00000 02 11.500 105 $74,206.83 12/01/2026 2 6708136 121 14 $83,000.00 $23,000.00 $320.09 723 0300766961 5 120 1 $93,000.00 11/21/2001 24 XXXXXXXXXXXX XX 00000 02 11.250 114 $23,000.00 12/01/2011 2 6708148 181 14 $54,510.00 $22,300.00 $333.37 659 0300761012 6 180 1 $61,500.00 11/13/2001 43 XXXXXX XX 00000 02 16.380 125 $22,300.00 12/01/2016 2 6708150 241 14 $55,338.00 $74,000.00 $789.16 711 0300766987 9 240 1 $110,000.00 11/21/2001 29 XXXX XX 00000 02 11.500 118 $74,000.00 12/01/2021 2 6708172 301 14 $114,063.00 $57,000.00 $600.34 704 0300767068 8 300 1 $140,000.00 11/21/2001 47 XXXXXXX XX 00000 02 12.000 123 $57,000.00 12/01/2026 2 6708234 181 14 $136,092.36 $47,000.00 $575.62 664 0300787041 6 179 1 $184,500.00 10/30/2001 44 Xxxxxxxxxxxx XX 00000 02 12.380 100 $46,909.26 11/20/2016 2 6708244 181 14 $111,957.00 $35,000.00 $544.86 641 0300779022 6 179 1 $130,000.00 10/26/2001 41 Xxxx XX 00000 02 17.250 114 $34,958.27 11/14/2016 2 6708264 241 14 $103,903.00 $45,000.00 $556.32 696 0300760378 9 239 1 $120,000.00 10/01/2001 42 XXXXXX XX 00000 02 13.900 125 $44,964.93 11/19/2021 2 6708374 301 14 $66,925.00 $22,500.00 $286.01 697 0300760410 8 299 1 $80,000.00 10/17/2001 38 XXXXXXX XX 00000 02 14.880 112 $22,485.71 11/01/2026 2

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) June 30, 2012, or (b) an Event of Default.

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • First draw sample means a one−liter sample of tap water that has been standing in plumbing pipes at least 6 hours and is collected without flushing the tap.

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Term SOFR means, for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body.

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

  • Repayment Period means the period beginning on the Loan Commencement Date and continuing for 36 calendar months.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Maintenance Period shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Non-Extended Facility has the meaning assigned to such term in Section 3.6(d).

  • Term Loan Installment Date means any Term B Loan Installment Date or any Incremental Term Loan Installment Date.

  • Initial Term Facility means the Initial Term Loan Commitments and the Initial Term Loans made hereunder.