Draw Termination Date definition

Draw Termination Date means the earliest of (i) August 27, 2018, and (ii) if the Maximum Aggregate Amount of Loans has been made prior to August 27, 2018, the Funding Date of the last Loan made to Borrower.
Draw Termination Date means the earliest of (a) the second anniversary of the Closing Date, (b) the Maturity Date, (c) the date of termination by the Borrower of the Aggregate Commitments in full pursuant to Section 2.04 and (d) the date of termination of the Aggregate Commitments pursuant to Section 6.02(b).
Draw Termination Date means the date equal to six months following both (i) delivery by the Borrower to the Trustee of an Expansion Certificate of Occupancy; and (ii) the Convention Center Reopening Date.

Examples of Draw Termination Date in a sentence

  • During the term of this Agreement, from and including the date hereof to but excluding the Draw Termination Date, the Borrower may request the Lenders to make, and the Lenders shall make, on the terms and conditions set forth herein, Loans from time to time.

  • Subject to the terms and conditions of this Agreement, Xxxxxx agrees to make Advances from time to time in accordance with the provisions of Section 5.09(c) of the Indenture of Trust until the Draw Termination Date or Suspension or Termination of Commitment in subsection (d) of this section.

  • Subject to the terms and conditions of this Agreement, Xxxxxx agrees to make Advances from time to time until the Draw Termination Date or Suspension or Termination of Commitment in subsection (d) of this section.

  • Upon the occurrence of the Delayed Draw Termination Date, debt incurred under credit facilities not to exceed the Specified Pari Passu Amount (as defined below), which may be secured on a pari passu basis on the Collateral with the Obligations, subject to the Intercreditor Agreement; provided that immediately prior to the incurrence of such debt, consolidated unrestricted cash and cash equivalents of the Borrower and its subsidiaries (net of outstanding checks) shall be less than $70 million.

  • From the 61st day after the Closing Date through the First Lien Delayed Draw Termination Date, a fee of 1.00% per annum of the undrawn amount of the First Lien Delayed Draw Term Facility shall be payable to the First Lien Administrative Agent for the account of each of the Lenders with a First Lien Delayed Draw Term Facility commitment, which fee shall be payable quarterly in arrears (such fee, the “First Lien DDTL Commitment Fee”).

  • Each Lender’s Loan Commitment shall terminate upon the Draw Termination Date.


More Definitions of Draw Termination Date

Draw Termination Date is defined in Section 2.A.1.
Draw Termination Date has the meaning assigned to such term in Section 2.01(b).
Draw Termination Date means December 31, 2019.
Draw Termination Date means the earliest to occur of (i) with respect to the Commitments as of the Initial Draw Date, the date that is the 24-month anniversary of the Initial Draw Date, provided, however, if the Commitments are increased pursuant to Section 2.19, it shall be the date that is the 36-month anniversary the Initial Draw Date, (ii) the date of the termination of the Commitments pursuant to Section 7.1 and (iii) the date upon which an Event of Default has occurred and is continuing.
Draw Termination Date means February 1, 2016.
Draw Termination Date means June 30, 2020.”

Related to Draw Termination Date

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Liquidity Termination Date means the earlier to occur of (a) May 12, 2014, as such date may be extended from time to time by Three Pillars’ Liquidity Banks in accordance with the Liquidity Agreement, and (b) the occurrence of an Event of Bankruptcy with respect to Three Pillars.

  • Agreement Termination Date is defined in Section 7.4.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Lease Termination Date means the last day of the Lease Term.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Revolver Termination Date means the date that is the three (3) year anniversary of the Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Revolving Termination Date means the earlier to occur of:

  • Forbearance Termination Date means the earlier to occur of (i) the closing of a Transaction; (ii) October 31, 2001, or (iii) the date upon which the Forbearance Default occurs.