Reduction Date Sample Clauses

Reduction Date. Seess.3.3. ------------------------
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Reduction Date. See Section 2.3.1 hereof. Reference Bank. FNBB.
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Reduction Date. 7 Representative...................................... 23
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Reduction Date. 1st 1 May 2005
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Reduction Date. Subject to the terms of Section 7, the first Reduction Date pursuant to Section 7.4 shall be November 20, 2013, and subsequent Reduction Dates shall occur on each anniversary of such date for the remainder of the Term.
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Reduction Date. Effective as of July 1, 2015 (the “Reduction Date”), the Lease is terminated with respect to the Reduction Space and the term “Premises” shall be amended to only include the approximately 34,203 square feet of office space, as depicted in the attached Exhibit A. As of the Reduction Date, Tenant shall surrender possession of the Reduction Space in the condition set forth in Section 15.2 of the Original Lease.
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Reduction Date. Unless previously cancelled to below such level, the aggregate Commitments shall be reduced to U.S.$55,000,000 on the Reduction Date, with such reduction to be applied pro rata among the Commitments of the Lenders. If as a result of such reduction the aggregate Credit Exposure of the Lenders exceeds the aggregate Commitments, then the Borrower shall immediately pay to the Administrative Agent, for the account of the Lenders, the amount of such excess to be applied (a) as a prepayment of the Loans and Reimbursement Obligations outstanding, and thereafter as Cover for any LC Exposure in an amount of such remaining excess.
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Reduction Date. On the Reduction Date, if not theretofore reduced to the same or a lesser amount, the Revolving Credit Commitments shall be ratably reduced to an aggregate amount of $40,000,000.
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Related to Reduction Date

  • Commitment Termination Date the earliest to occur of (a) the Revolver Termination Date; (b) the date on which Borrowers terminate the Revolver Commitments pursuant to Section 2.1.4; or (c) the date on which the Revolver Commitments are terminated pursuant to Section 11.2.

  • Facility Termination Date Any outstanding Loans and all other unpaid Obligations (other than contingent indemnity obligations) shall be paid in full by the Borrower on the Facility Termination Date. Notwithstanding the termination of this Agreement on the Facility Termination Date, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrower and the Lenders hereunder and under the other Loan Documents shall have been terminated, all of the rights and remedies under this Agreement and the other Loan Documents shall survive.

  • Adjustment Date 6 Advance.......................................................................6 Affiliate.....................................................................6 Agreement.....................................................................6

  • Termination and Reduction of Aggregate Maximum Credit Amounts (a) Scheduled Termination of Commitments. Unless previously terminated, the Commitments shall terminate on the Maturity Date. If at any time the Aggregate Maximum Credit Amounts are terminated or reduced to zero, then the Commitments shall terminate on the effective date of such termination or reduction.

  • Termination Date, Etc “Termination Date” shall mean in the case of the Executive’s death, his date of death, or in all other cases, the date specified in the Notice of Termination subject to the following:

  • Termination Date The Executive’s “Termination Date” shall be:

  • Origination Date The origination date is no earlier than ninety (90) days prior to the related Purchase Date.

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Payment Date An amount calculated as being due in respect of any Early Termination Date under Section 6(e) will be payable on the day that notice of the amount payable is effective (in the case of an Early Termination Date which is designated or occurs as a result of an Event of Default) and on the day which is two Local Business Days after the day on which notice of the amount payable is effective (in the case of an Early Termination Date which is designated as a result of a Termination Event). Such amount will be paid together with (to the extent permitted under applicable law) interest thereon (before as well as after judgment) in the Termination Currency, from (and including) the relevant Early Termination Date to (but excluding) the date such amount is paid, at the Applicable Rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.

  • Amounts; Outside Expiration Date The Agent shall not have any obligation to issue or cause to be issued any Letter of Credit or to provide Credit Support for any Letter of Credit at any time if: (i) the maximum face amount of the requested Letter of Credit is greater than the Unused Letter of Credit Subfacility at such time; (ii) the maximum undrawn amount of the requested Letter of Credit and all commissions, fees, and charges due from the Borrower in connection with the opening thereof would exceed Availability at such time; or (iii) such Letter of Credit has an expiration date less than five (5) days prior to the Stated Termination Date or more than 12 months from the date of issuance (provided that any Letter of Credit with a 12-month tenor may provide for the renewal thereof for additional 12-month periods, which shall in no event extend beyond five (5) days prior to the Stated Termination Date). With respect to any Letter of Credit which contains any “evergreen” or automatic renewal provision, each Lender shall be deemed to have consented to any such extension or renewal unless any such Lender shall have provided to the Agent, written notice that it declines to consent to any such extension or renewal at least thirty (30) days prior to the date on which the Letter of Credit Issuer is entitled to decline to extend or renew the Letter of Credit. If all of the requirements of this Section 1.3 are met and no Default or Event of Default has occurred and is continuing, no Lender shall decline to consent to any such extension or renewal.

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