Toggle Date definition

Toggle Date means, as applicable, (i) the day on which a Toggle Trigger Event occurs; or (ii) the day the Company Parties, in their reasonable business judgment, and the Required Consenting Term Lenders agree to toggle to a Recapitalization Transaction.
Sample 1Sample 2
Toggle Date means the earlier of (i) the first fiscal quarter end on which the Total Net Leverage Ratio is not less than 1.75:1.00, or (ii) the first date on which the Total Net Leverage Ratio, after giving pro forma effect to any applicable Investment, designation of any Unrestricted Subsidiary, and/or Restricted Junior Payment, is not less than 1.75:1.00.
Sample 1Sample 2
Toggle Date means [INSERT DATE THAT IS 18 MONTHS AFTER THE DATE THIS AGREEMENT IS EXECUTED].
Sample 1

Examples of Toggle Date in a sentence

  • Until the Approved Professional Advisor Toggle Date, the Loan Parties shall continue to retain an Approved Professional Advisor as an ongoing consultant to: (A) analyze potential corporate cost savings and assist with optimization of FP&A functions, (B) assist with liquidity management, financial reporting and forecasting, and (C) assist with such other matters as may be reasonably required by the Requisite Lenders with respect to the foregoing items set forth in this Section 7.24.

  • For purposes of the foregoing, “Carve Out Trigger Notice” shall mean a written notice delivered by email (or other electronic means) by the ABL Agent—or, following the ABL/Term Loan Toggle Date, by the Term Agent—to the Debtors, their lead restructuring counsel, the U.S. Trustee, and lead counsel to any Committee, which notice may be delivered following the occurrence and during the continuation of a Termination Event, respectively, stating that the Post-Carve Out Trigger Notice Cap has been invoked.

  • For purposes of the foregoing, “Carve Out Trigger Notice” shall mean a written notice delivered by email (or other electronic means) by the ABL Agent—or, following the ABL/Term Loan Toggle Date, by the Term Agent—to the Debtors, their lead restructuring counsel, the U.S. Trustee, and lead counsel to [any]the Committee, which notice may bedelivered following the occurrence and during the continuation of a Termination Event, respectively, stating that the Post-Carve Out Trigger Notice Cap has been invoked.

  • From the date hereof until and including the earlier of the Toggle Date and the SPA Production Commencement Date, interest on the aggregate outstanding principal amount of the Term Loans shall be capitalized and added thereto.

  • The Borrower will maintain an Asset Coverage Ratio, as of the end of each Fiscal Quarter, commencing with the Fiscal Quarter ending September 30, 2021(a) prior to the Asset Coverage Ratio Toggle Date, of not less than 2.00:1.00 and (b) on and after the Asset Coverage Ratio Toggle Date, of not less than 1.50:1.00.

  • Even though the tonic signal can be an indicator for stress or anxiety, the phasic component of the signal is suited better to compare EDA between individuals and is commonly used as an indicator for state anxiety (Boucsein, 2012).

  • Cash Interest on this Note shall commence accruing on Interest Toggle Date at the Cash Interest Rate and shall be computed on the basis of a 360- day year and the actual number of days elapsed per month and shall be payable in arrears for each Calendar Quarter on each Interest Date occurring after the Interest Toggle Date.

  • Cash Interest on this Note shall commence accruing on Interest Toggle Date at the Cash Interest Rate and shall be computed on the basis of a 360-day year and the actual number of days elapsed per month and shall be payable in arrears for each Calendar Quarter on each Interest Date occurring after the Interest Toggle Date.


More Definitions of Toggle Date

Toggle Date means, as applicable, (i) the day on which a Toggle Trigger Event occurs; or (ii) the day the Company Parties, in their reasonable business judgment, and the Required Consenting Term Lenders agree to toggle to a Recapitalization Transaction. “Toggle Trigger Event” has the meaning set forth in the Restructuring Term Sheet. “Transfer” means to sell, resell, reallocate, use, pledge, assign, transfer, hypothecate, participate, donate or otherwise encumber or dispose of, directly or indirectly (including through derivatives, options, swaps, pledges, forward sales or other transactions). “Transfer Agreement” means an executed form of the transfer agreement providing, among other things, that a transferee is bound by the terms of this Agreement and substantially in the form attached hereto as Exhibit C. “Winning Bidder” has the meaning set forth in the Restructuring Term Sheet.
Sample 1
Toggle Date means, as applicable, (i) the day on which a Toggle Trigger Event occurs or (ii) the day the Company Parties determine, in their reasonable business judgment, and the Required Consenting Term Lenders agree, to toggle to a Recapitalization Transaction. “Unencumbered Assets” means, at any given time, all assets of a given Company Entity or Entities that are not subject to a validly perfected lien, including, without limitation, the equity of all first tier Foreign Subsidiaries (as defined in the First Lien Collateral Agreement) of the Loan Parties, deposit account control agreements, and any other asset not previously pledged to secure a loan in favor of the Company.
Sample 1

Related to Toggle Date

  • 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;

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • PIK Period means the period beginning on the first Borrowing Date through and including the earlier to occur of (i) the sixteenth (16th) Payment Date after the first Borrowing Date and (ii) the date on which any Default shall have occurred (provided that if such Default shall have been cured or waived, the PIK Period shall resume until the earlier to occur of the next Default and the sixteenth (16th) Payment Date after the first Borrowing Date).

  • Assumed Final Maturity Date As to each Class of Certificates, the date set forth as such in the Preliminary Statement.

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

  • ZERO DATE means the date of issue of LETTER OF INTENT (LOI) or issue of WORK ORDER, whichever is earlier.

  • Class A-4 Final Scheduled Distribution Date means February 15, 2024.

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Note Date Debt Ratio: City: Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Lien Pos: 9194551 180 14 $80,000.00 $20,000.00 685 0391753183 3 178 1 $100,000.00 6/29/2004 31 Lennox SD 57039 01 8.250 100 $00,000.00 0/00/2019 2 9194531 180 RFC01 $100,350.00 $25,050.00 682 0391754249 3 178 1 $125,485.00 6/29/2004 42 Ocoee FL 34761 01 8.000 100 $00,000.00 0/00/2019 2 9199927 180 04 $163,360.00 $20,420.00 693 0391757606 3 178 1 $204,200.00 6/29/2004 44 Maple Grove MN 55311 01 7.130 90 $00,000.00 0/00/2019 2 9194499 180 09 $171,600.00 $42,900.00 686 0391754009 3 178 1 $214,500.00 6/29/2004 37 Valrico FL 33594 01 8.000 100 $00,000.00 0/00/2019 2 9143121 180 14 $267,271.00 $54,000.00 647 0391750122 3 178 1 $404,000.00 6/29/2004 49 Temecula CA 92592 02 6.750 80 $00,000.00 0/00/2019 2 9173793 180 04 $162,511.00 $25,000.00 756 0391755121 3 178 1 $400,000.00 6/29/2004 44 Costa Mesa CA 92627 02 6.250 47 $00,000.00 0/00/2019 2 9174041 180 14 $131,376.00 $16,000.00 640 0391751104 3 178 1 $205,000.00 6/29/2004 33 Northwest Coon MN 55433 02 5.750 72 $00,000.00 6/29/2019 2 9143141 180 RFC01 $194,400.00 $36,450.00 728 0391752615 3 178 1 $243,000.00 6/29/2004 42 Gaithersburg MD 20886 01 6.630 95 $00,000.00 0/00/2019 2 9153907 300 14 $488,000.00 $61,000.00 $321.98 775 0391740321 2 298 1 $610,000.00 6/29/2004 38 CHARLESTON SC 29418 01 6.750 90 $00,000.00 0/00/2029 2 9194437 180 09 $155,600.00 $19,450.00 766 0391751500 3 178 1 $194,500.00 6/29/2004 48 Cumming GA 30040 01 6.250 90 $00,000.00 0/00/2019 2 9174057 180 14 $188,000.00 $23,000.00 650 0391751112 3 178 1 $235,000.00 6/29/2004 50 Savannah GA 31406 02 8.500 90 $00,000.00 0/00/2019 2 9174249 180 14 $149,200.00 $18,650.00 775 0391751161 3 178 1 $186,500.00 6/29/2004 22 Cedar Rapids IA 52411 02 3.000 90 $00,000.00 0/00/2019 2 9175933 300 14 $156,000.00 $29,250.00 754 0391751138 2 298 1 $195,000.00 6/29/2004 33 Webster MA 01570 01 6.750 95 $00,000.00 0/00/2029 2 9181503 300 04 $119,920.00 $29,980.00 712 0391754603 2 298 1 $149,900.00 6/29/2004 44 Acton MA 01720 01 7.880 100 $00,000.00 0/00/2029 2 9194321 180 09 $367,100.00 $91,800.00 746 0391751526 3 178 1 $458,915.00 6/29/2004 45 Smyrna GA 30082 01 7.250 100 $00,000.00 0/00/2019 2 9125301 180 09 $151,920.00 $37,980.00 747 0391748837 3 178 1 $189,900.00 6/29/2004 37 Canton GA 30114 01 5.250 100 $00,000.00 0/00/2019 2 9169523 180 14 $236,000.00 $29,500.00 $218.21 705 0391749306 3 178 1 $295,000.00 6/29/2004 42 EDMONDS WA 98026 01 3.000 90 $00,000.00 0/00/2019 2 9165621 180 14 $112,500.00 $100,000.00 $739.69 718 0391747276 3 178 1 $300,000.00 6/29/2004 33 SMITHFIELD RI 02828 01 5.250 71 $00,000.00 0/00/2019 2 9182517 180 14 $283,150.00 $70,400.00 672 0391759578 3 178 1 $353,970.00 6/29/2004 28 Duluth GA 30096 01 9.000 100 $00,000.00 0/00/2019 2 9182459 180 14 $278,000.00 $69,500.00 735 0391762648 3 178 1 $347,500.00 6/29/2004 41 Tampa FL 33629 01 7.250 100 $00,000.00 0/00/2019 2 9194223 180 09 $247,200.00 $30,900.00 710 0391751534 3 178 1 $309,000.00 6/29/2004 47 Decatur GA 30030 01 6.750 90 $00,000.00 0/00/2019 2 Page 178 of 331

  • Initial Date means the date of the closing of the Initial Offering of the Company.

  • Programme Date means the date of this Base Prospectus.

  • Class A-3 Final Scheduled Distribution Date means the Distribution Date.

  • Available Date means the date upon which Licensor notifies MSDH that the Software may be accessed on the Licensor’s ASP server and MSDH may begin acceptance testing.

  • Programme Effective Date means 5 December 2017.

  • PIK Payment means the payment of any PIK Interest on the Notes.

  • Class A-4 Final Scheduled Payment Date means the Payment Date in February 2024.

  • Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Additional Closing Date has the meaning set forth in Section 3.

  • 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.

  • PIK Amount means, as of any date of determination, the amount of all interest accrued with respect to the Loans that has been paid in kind by being added to the balance thereof in accordance with Section 2.04(b).

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2028.

  • Strike Date means 12 March 2014, subject to postponement in accordance with the following provisions. If on the Strike Date the Reference Price of an Underlying is not determined and published or if on the Strike Date a Market Disruption Event with respect to an Underlying occurs, then the next following Exchange Business Day on which the Reference Price of such Underlying is determined and published again and on which a Market Disruption Event with respect to such Underlying does not occur will be deemed to be the relevant Strike Date for such Underlying.

  • Class A-2 Final Scheduled Distribution Date means the Distribution Date.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Exit Date means the date on which the insurance cover of the Scheme Member ceases due to occurrence of any of the following events: