Call Date Clause Samples
Call Date. Notwithstanding anything to the contrary contained in this Agreement, (i) the Outstanding Principal Amount under all Notes shall become automatically due and payable on the fifth (5th) anniversary of the expiration of the Stub Interest Period if on or prior to such date the Borrower has not paid to the Administrative Agent in accordance with the Fee Letter for the benefit of the Lenders an extension fee equal to five (5) basis points (0.05%) times the Outstanding Principal Amount under all Notes as of the fifth (5th) anniversary of the expiration of the Stub Interest Period or if on such date an Event of Default exists and (ii) the Outstanding Principal Amount under all Notes shall become automatically become due and payable on the sixth (6th) anniversary of the expiration of the Stub Interest Period if on such date the Borrower has not paid to the Administrative Agent in accordance with the Fee Letter for the benefit of the Lenders an extension fee equal to five (5) basis points (0.05%) times the Outstanding Principal Amount under all Notes as of the sixth (6th) anniversary of the expiration of the Stub Interest Period or if on such date an Event of Default exists.
Call Date. Subject only to Section 3.03 above and Section 3.05 below, on the Call Date, -upon surrender by a Holder to the Put/Call Agent of, and provision to the Put/Call Agent of a duly executed form of transfer in relation to, the Notes, the Notes of any Holder shall be exchanged on the Call Date by the Put/Call Agent for the appropriate number of shares of Common Stock or cash as provided in Section 3.01 above, and the Put/Call Agent shall in addition pay to each Holder its entitlement of cash in lieu of any fractional share determined pursuant to Section 3.06 herein and any interest accrued but unpaid.
Call Date. Notwithstanding anything to the contrary contained in this Agreement, (i) the Outstanding Principal Amount under all Notes shall become automatically due and payable on the fifth (5th) anniversary of the expiration of the Stub Interest Period (the “First Call Date”) if (a) the Borrower shall not have delivered written notice (the “First Call Notice”) to the Administrative Agent not more than one hundred twenty (120) days and not less than thirty (30) days prior to the First Call Date of its intent to extend the Loans until the sixth (6th) anniversary of the expiration of the Stub Interest Period, (b) on or prior to the First Call Date the Borrower has not paid to the Administrative Agent in accordance with the Fee Letter for the benefit of the Lenders an extension fee equal to ten (10) basis points (0.10%) times the Outstanding Principal Amount under all Notes as of the First Call Date, (c) on the First Call Date a Default or an Event of Default exists, (d) the Borrower shall not have demonstrated, to the reasonable satisfaction of the Administrative Agent, as of the First Call Date, that the Debt Service Coverage Ratio for all the Projects then securing the Loans equals or exceeds 1.15:1.00, or (e) the Borrower shall not have demonstrated, to the reasonable satisfaction of the Administrative Agent, as of the First Call Date, that the Debt Yield equals or exceeds eight percent (8.0%); provided, however, in the event that the required Debt Yield or Debt Service Coverage Ratio is not met, then the Borrower may, in order to satisfy the condition in clauses (d) and (e), pay down the Outstanding Principal Balance of the Loans, in an amount such that the required Debt Yield and Debt Service Coverage Ratio is achieved (subject to the provisions of Section 2.06(a)(i) and the provisions of Section 5.05, as supplemented by the provisions of Section 2.06(b)); and (ii) the Outstanding Principal Amount under all Notes shall become automatically due and payable on the sixth (6th) anniversary of the expiration of the Stub Interest Period (the “Second Call Date”) if (a) the Borrower shall not have delivered written notice (the “Second Call Notice”) to the Administrative Agent not more than one hundred twenty (120) days and not less than thirty (30) days prior to the Second Call Date of its intent to extend the Loans until the seventh (7th) anniversary of the expiration of the Stub Interest Period, (b) on or prior to the Second Call Date the Borrower has not paid to the Ad...
Call Date. The Company's right to exercise the Warrant Call shall commence thirty trading days after the actual effective date of the Registration Statement covering the Warrant Stock to be issued upon exercise of the Warrant and end thirty trading days prior to the Expiration Date. The effective date of each Call Notice (the "Call Date") is the date on which notice is effective under the notice provision of Section 10 of this Warrant. A new Call Notice may be given no sooner than fifteen trading days after a prior Call Date.
Call Date. Notwithstanding anything to the contrary contained in this Agreement, (i) the Outstanding Principal Amount under all Notes shall become automatically due and payable on the fifth (5th) anniversary of the expiration of the Stub Interest Period if on or prior to such date the Borrower or Co-Borrower has not paid to the Administrative Agent in accordance with the Fee Letter for the benefit of the Lenders an extension fee equal to five (5) basis points (0.05%) times the Outstanding Principal Amount under all Notes as of the fifth (5th) anniversary of the expiration of the Stub Interest Period or if on such date an Event of Default exists and (ii) the Outstanding Principal Amount under all Notes shall become automatically become due and payable on the sixth (6th) anniversary of the expiration of the Stub Interest Period if on such date the Borrower or Co-Borrower has not paid to the Administrative Agent in accordance with the Fee Letter for the benefit of the Lenders an extension fee equal to five (5) basis points (0.05%) times the Outstanding Principal Amount under all Notes as of the sixth (6th) anniversary of the expiration of the Stub Interest Period or if on such date an Event of Default exists.
Call Date. Notwithstanding any provisions of this Note to the contrary, on May 1 of each calendar year as long as any sums are outstanding under the Line of Credit, commencing May 1, 1999, Lender shall be permitted to review the Loan and, in the event of any financial deterioration of Borrower as determined by the Lender in its sole discretion, Lender shall be permitted to call the Loan, by giving written notice to Borrower, said notice setting a date (the "Call Date") by which Call Date Borrower must obtain substitute financing and satisfy all obligations under the Line of Credit. The Call Date may not be less than one hundred eighty (180) days after the date of said Notice. All outstanding principal under the Line of Credit, together with all accrued interest thereon, and any other sums or costs advanced or incurred by Lender in connection therewith, shall be due and payable no later than the Call Date.
Call Date. For each of Messrs. Keller, Davis, Boyl▇▇ ▇▇▇ Harl▇▇▇▇▇▇ ▇▇▇ earlier of (i) December 31, 2002 or (ii) the date on which more than sixty-six percent (66%) of the Units originally issued to such Limited Partner for Contributed Properties other than the Contributed Property referred to as the "Development Land" in the Contribution Agreement, dated as of the date hereof, among the General Partner and the Initial Limited Partners have previously been redeemed or exchanged for REIT Shares. 66 71 EXHIBIT C FORM OF ----------------- NOTICE OF EXCHANGE ------------------ Reference is hereby made to that certain Agreement of Limited Partnership of TriNet Property Partners, L.P. (the "Partnership"), dated as of ________ __, 1997 (the "Partnership Agreement"), by and among TriNet Realty Investors I, Inc. (the "General Partner") and those limited partners listed on the signature pages thereto (the "Limited Partners"). Pursuant to Section 8.5 of the Partnership Agreement, the undersigned (the "Undersigned" or "Tendering Party"), hereby notifies the General Partner of his, her or its intention to tender the number of units of Limited Partner Interest (the "Units") in the Partnership set forth below for cash or in the General Partner's sole discretion, shares of Common Stock of TriNet Corporate Realty Trust, Inc. ("TriNet"), $.01 par value ("REIT Shares"). Any capitalized terms used herein and not otherwise defined shall have the meaning ascribed to such terms in the Partnership Agreement. PLEASE COMPLETE THE INFORMATION BELOW AND SIGN WHERE INDICATED. FAILURE TO COMPLETE THIS NOTICE OF EXCHANGE FULLY AND ACCURATELY MAY RESULT IN A DELAY IN YOUR EXCHANGE.
