Unmatured Purchase and Sale Termination Event means any event which, with the giving of notice or lapse of time, or both, would become a Purchase and Sale Termination Event.
Unmatured Purchase and Sale Termination Event has the meaning set forth in the Purchase and Sale Agreement.
Unmatured Purchase and Sale Termination Event means any event which, with the giving of notice or lapse of time, or both, would become a Purchase and Sale Termination Event (other than a Purchase and Sale Termination Event that would occur solely as a result of an occurrence described in clauses (a), (c), (d) or (e) of the definition of Facility Termination Date).
Examples of Unmatured Purchase and Sale Termination Event in a sentence
No event has occurred and is continuing, or would result from the transactions contemplated hereby, that constitutes a Purchase and Sale Termination Event, an Unmatured Purchase and Sale Termination Event, a Termination Event or an Unmatured Termination Event.
Both before and immediately after giving effect to this Amendment and the transactions contemplated hereby, no Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event exists or shall exist.
The occurrence of a Purchase and Sale Termination Event or an Unmatured Purchase and Sale Termination Event.
Each project has a corresponding link, which is meant to be shared with potential participants.
No Event of Default, Unmatured Event of Default, Purchase and Sale Termination Event or Unmatured Purchase and Sale Termination Event has occurred and is continuing, or would occur as a result of this Amendment or the transactions contemplated hereby.
More Definitions of Unmatured Purchase and Sale Termination Event
Unmatured Purchase and Sale Termination Event means any event which, with the giving notice or lapse of time, or both, would become a Purchase and Sale Termination Event.
Unmatured Purchase and Sale Termination Event has the meaning set forth in the Purchase and Sale Agreement. “U.S. Obligor” means an Obligor that is (a) a corporation or other business organization and is organized under the laws of the United States of America (or of a United States of America territory, district, state, commonwealth, or possession, including, without limitation, Puerto Rico and the U.S. Virgin Islands) or any political subdivision thereof, (b) the federal government of the United States of America or any political subdivision, department, affiliate, agency or other entity thereof, and (c) any state or local government body in the United States of America or any political subdivision, department, affiliate, agency or other entity thereof. “U.S. Tax Compliance Certificate” has the meaning set forth in Section 4.03(f)(ii)(B)(3). “Xxxxxxx Rule” means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder. “Weighted Average Credit Terms” means, for any Fiscal Month, the weighted average (weighted based on the Outstanding Balance of all Pool Receivables) payment terms (computed in days and calculated based on the difference between the original invoice date and the stated due date for payment) of invoices for all Pool Receivables (other than Delinquent Receivables and any Receivable that is excluded based on the application of clause (d) of the definition of Excess Concentration) as of the last day of such Fiscal Month. “Withdrawal Liability” means liability to a Multiemployer Plan as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA. “Yield Reserve Percentage” means at any time of determination: 1.50 x DSO x (BR + SFR) 360 where: BR = the Base Rate; DSO = the Days’ Sales Outstanding for the most recently ended Fiscal Month; and SFR = the Servicing Fee Rate.
Unmatured Purchase and Sale Termination Event has the meaning set forth in the Securitization Sale Agreement.
Unmatured Purchase and Sale Termination Event any Originator shall fail to make when due any payment or deposit to be made by it under this Agreement or any other Transaction Document to which it is a party and such failure shall remain unremedied for three (3) Business Days; (b) any representation or warranty made or deemed to be made by any Originator (or any of its officers) under or in connection with this Agreement, any other Transaction Documents to which it is a party, or any other information or report delivered pursuant hereto or thereto shall prove to have been incorrect or untrue in any material respect when made or deemed made or delivered; provided that no breach of a representation or warranty set forth in Sections 5.8 or 5.10 shall constitute a Purchase and Sale Termination Event pursuant to this clause (b) if credit has been given for a reduction of the Purchase Price, the outstanding principal balance of the applicable Subordinated Note has been reduced or the applicable Originator has made a cash payment to the Buyer, in any case, as required pursuant to Section 3.3(c) with respect to such breach after written notice; or (c) any Originator shall fail to perform or observe any other term, covenant or agreement contained in this Agreement or any other Transaction Document to which it is a party on its part to be performed or observed and such failure shall continue unremedied for thirty (30) days after the such Originator has actual knowledge or receives written notice thereof.
Unmatured Purchase and Sale Termination Event means any event which, with the giving of notice or lapse of time, or both, would become a Purchase and Sale Termination Event (other than a Purchase and Sale Termination Event that would occur solely as a result of an occurrence described in clauses (a), (c), (d) or (e) of the definition of Facility Termination Date). “Unmatured Termination Event” means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event (other than a Purchase and Sale Termination Event occurring solely as a result of the occurrence of an event as described in clause (a), (c), (d) or (e) of the definition of Facility Termination Date). “U.S. Government Securities Business Day” means any day except for (a) a Saturday or Sunday or (b) a day on which the Securities Industry and Financial Markets Association recommends that the fixed income departments of its members be closed for the entire day for purposes of trading in United States government securities. “Xxxxxxx Rule” means Section 13 of the U.S. Bank Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder. “VWR” has the meaning set forth in the preamble to this Agreement. “Weekly Report” means each report, in substantially the form of Annex A-2 to this Agreement, furnished by or on behalf of the Servicer to the Administrator and each Purchase Agent pursuant to this Agreement. “Weekly Reporting Trigger” at any time, the Available Liquidity is less than $200,000,000; provided that, in each case, a Weekly Reporting Trigger shall only be effective upon Administrator’s declaration of the same.
Unmatured Purchase and Sale Termination Event means any event which, with the giving of notice or lapse of time, or both, would become a Purchase and Sale Termination Event (as defined in SECTION 8.1). Unless otherwise indicated, certain terms that are capitalized and used throughout this Agreement are defined in the Loan and Security Agreement of even date herewith (as the same may be amended, supplemented or otherwise modified from time to time, the "LOAN AND SECURITY AGREEMENT") among the Company, the Lenders set forth therein and Foothill Capital Corporation, in its capacity as Arranger and Administrative Agent (in such capacities, the "Agent"). All references herein to months are to calendar months unless otherwise expressly indicated.
Unmatured Purchase and Sale Termination Event means any event which, with the giving of notice or lapse of time, or both, would become a Purchase and Sale Termination Event. “Unmatured Termination Event” means an event that, with the giving of notice or lapse of time, or both, would constitute a Termination Event. “Weekly Settlement Date” means each Wednesday of each week (or the next succeeding Business Day if such day is not a Business Day), beginning December 5, 2001. “Yield Rate” means, subject to Sections 1.5 and 1.9, for any day in any Settlement Period for any Capital (or portion thereof): (a) if no Termination Event is then continuing and the Administrator has not elected (in its sole discretion) for the discount rate for such Capital (or all Capital) to be determined pursuant to clause (b) below, the sum of (i) either (x) if the Seller has elected for such Capital to accrue discount by reference to the Term SOFR Rate during such Settlement Period in accordance with Section 1.5(d)(i), the Term SOFR Rate for such Settlement Period, or (y) in any other case (including if no such election has been made), Daily 1M SOFR, plus (ii) the SOFR Adjustment; or (b) if a Termination Event is then continuing and the Administrator elects (in its sole discretion) for the discount or interest rate for such Capital (or all Capital) to be determined pursuant to this clause (b), the greater of (x) the sum of the Daily 1M SOFR plus the SOFR Adjustment, and (y) the Base Rate (in either case, plus any additional margin or spread imposed pursuant to Section 1.5(e)). For the avoidance of doubt, any election by the Administrator pursuant to clause (b) above shall have immediate effect, and if any Capital is converted to, or deemed to be, a Base Rate Capital pursuant to the terms hereof, the Yield Rate for such Capital shall be the Base Rate as in effect from time to time (plus any additional margin or spread imposed pursuant to Section 1.5(e)).