Accommodation Date definition

Accommodation Date means a Drawdown Date or a Selection Date.
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Accommodation Date means any Business Day on which an Accommodation is made hereunder.
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Examples of Accommodation Date in a sentence

  • The Borrower shall pay to the Bank on each Accommodation Date on which a Documentary Credit Liability or a Guarantee Liability is established a Documentary Credit /Guarantee Issue Fee at the rate of [*] per annum calculated on the face value of each Documentary Credit /Guarantee as the case may be and computed from such date until the day on which each Documentary Credit /Guarantee as the case may be falls due for payment.

  • The Bank shall indorse the Bills in the Australian City on the relevant Accommodation Date.

  • The Borrower shall pay to the Bank on each Accommodation Date on which a Standby Letter of Credit Liability is established a Standby Letter of Credit Fee at the rate of [*] per annum calculated on the face value of the Standby Letter of Credit and computed from such date until the day on which the Standby Letter of Credit falls due for payment.

  • A Drawdown Notice to be given by the Borrower pursuant to clause 2.1 of the Master Agreement with respect to a proposed utilisation of the Documentary Credit Facility shall be given not later than 11.00 am (Australian City time) on the proposed Accommodation Date.

  • For greater certainty, changes in the L/C Fee shall be effective for that portion of the term of any Documentary Credits on or after the Effective Date, and any amount owing by a Borrower to the Revolving Credit Lenders, or any amount owing by the Revolving Credit Lenders to a Borrower, as the case may be, with respect to Documentary Credits shall be paid on the next Accommodation Date.

  • The representations and warranties in Clause 9.01 shall survive the execution of this Agreement and the making available of the Accommodation and shall be deemed to have been given on the first Accommodation Date and shall also be deemed to have been made and repeated on each subsequent Accommodation Date.

  • The Bank shall insert the address of the office of the Bank at the Australian City at which Bills are to be payable and shall accept the Bills in the Australian City on the relevant Accommodation Date.

  • The Borrower shall pay to the Bank on each Accommodation Date on which a Standby Letter of Credit Liability is established a Standby Letter of Credit Fee at the [*] rate calculated on the face value of the Standby Letter of Credit and computed from such date until the day on which the Standby Letter of Credit falls due for payment.

  • The Borrower shall pay to the Bank on each Accommodation Date on which a Documentary Credit Liability or a Guarantee Liability is established a Documentary Credit/Guarantee Issue Fee at the rate of [*] per annum calculated on the face value of each Documentary Credit/Guarantee as the case may be and computed from such date until the day on which each Documentary Credit/Guarantee as the case may be falls due for payment.

  • Notice to be given by the Borrower pursuant to Clause 2.01 of the Master Agreement with respect to a proposed utilisation of the Documentary Credit Facility shall be given not later than 11 a.m. (Australian City time) on the proposed Accommodation Date.

Related to Accommodation Date

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate 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 Administrative Agent and the L/C Issuer shall have been made).

  • Termination Date The scheduled Agreement “termination date” shall be the last day of the month of the month of the Original Solicitation’s Anticipated Award Date plus three years. Example: If the original term is approximately three years, and the solicitation provides an anticipated award date of May 22, 2020, the expiration date of the original three-year term shall be May 31, 2023. Extensions: Any extensions of the original term shall begin on the next day after the day the original term expires.

  • Availability Termination Date means, as to any Borrower, the earlier of (a) the Maturity Date for such Borrower and (b) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8 or Section 8.1 hereof.

  • Letter of Credit Termination Date means the tenth day preceding the Termination Date.

  • 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.