TIER Commencement Date definition

TIER Commencement Date shall have the meaning as defined in Section 5.7.

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TIER Commencement Date shall have the meaning as defined in Section 5.12. "Total Assets" shall have the meaning as defined in Attachment 3.

Examples of TIER Commencement Date in a sentence

• The Borrower will maintain the TIER specified in Schedule 1 beginning on the TIER Commencement Date until the Loan is paid in full.

• The Awardee will meet at least two of the following requirements on the TIER Commencement Date until the Loan is repaid in full: a minimum TIER requirement of 1.2, a minimum DSCR requirement of 1.2, and a minimum Current Ratio of 1.2.

• The Awardee will maintain a TIER of 1.0 beginning on the TIER Commencement Date until the Loan is repaid in full.

• The Awardees will maintain a TIER of (b)(4) beginning on the TIER Commencement Date until the Loan is repaid in full.