Accordion Activation definition

Accordion Activation has the meaning set forth in Section 2.2(h).
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Accordion Activation has the meaning assigned to that term in subsection 2.1(f).
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Accordion Activation has the meaning assigned to that term in Section 2.02(d) of the Transfer Agreement.
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Examples of Accordion Activation in a sentence

  • On the effective date of the Accordion Activation effected in accordance with this Section 2.2.A.(h), Schedule C-1 annexed hereto shall be deemed to be amended to reflect (a) the name, address, Commitment, and Pro Rata Share of each U.S. Lender, and (B) the Maximum Revolver Amount and U.S. Commitments as increased by such Accordion Activation.

  • Any such Committed Accordion Activation shall be provided on a pro rata basis by each of the Lenders and shall otherwise be on the same terms as the existing facility under this Agreement.

  • Any agreement by a Lender to increase its commitment to make U.S. Advances hereunder shall be an Accordion Activation (“Accordion Activation”).

  • In addition, to the extent any Lender hereunder agrees to make U.S. Advances pursuant to a request for an Accordion Activation, U.S. Borrowers shall pay Agent (for the ratable benefit of the Accordion Lenders, subject to any letter agreement between Agent and Accordion Lenders), a fee in an amount to be agreed upon by the U.S. Borrowers and the Agent.

  • If the Commitments are increased in accordance with this Section 2.2(h), Agent, in consultation with Administrative Borrower, shall determine the effective date (the “Uncommitted Accordion Activation Date”) and the final allocation of such increase.

  • The Guide to the Code of Assessment makes clear that students have a right to make representations before the process of grade conversion occurs: ‘the process must normally incorporate the possibility of the candidate making representations to the coordinator or committee which is charged with converting grades.’ Indeed, students should also be expected to assist those charged with the responsibility of carrying out the grade conversion in ensuring the conversion tables are fair.

  • Agent shall notify Administrative Borrower and each Lender of the Lenders’ responses to each request for an Uncommitted Accordion Activation made hereunder.

  • Each Lender shall notify Agent within the time period specified whether or not such Lender agrees to increase its Commitment and, if so, whether by an amount equal to, greater than, or less than its Pro Rata Share of such requested Uncommitted Accordion Activation.

  • On any Accordion Activation Date, the Borrowers shall pay Agent, on Lenders’ behalf, the Revolver Increase Fee due on account of increasing the Maximum Revolver Amount by the Accordion Amount occurring on such day.

  • Agent shall notify Administrative Borrower and each Lender of the Lenders’ responses to each request for an Accordion Activation made hereunder.

Related to Accordion Activation

  • Activation or "Activated" shall mean the date on which (i) with respect to the Limited Partnership, the Limited Partnership is formed and (ii) with respect to the Production Partnership, the Limited Partnership shall have made its capital contribution to the Production Partnership.

  • Increased Facility Activation Notice means a notice substantially in the form of Exhibit E.

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Activation Notice have the meanings ascribed thereto in Annex C.

  • Deactivation means the retirement or mothballing of a generating unit governed by Tariff, Part V. Deactivation Avoidable Cost Credit:

  • Permitted Amendment means, with respect to any Shared-Loss Loan Commitment or Shared-Loss Loan, any amendment, modification, renewal or extension thereof, or any waiver of any term, right, or remedy thereunder, made by the Assuming Bank in good faith and otherwise in accordance with the applicable requirements set forth in Article III of this Commercial Shared-Loss Agreement and the then effective written internal credit policy guidelines of the Assuming Bank; provided, that:

  • Replacement Revolving Facility Effective Date shall have the meaning assigned to such term in Section 2.21(l).

  • Activation Date means the date upon which MLBFS shall cause the WCMA Line of Credit to be fully activated under MLPF&S' computer system as part of the WCMA Program.

  • Reactivation means the process whereby an inactive licensee obtains a current license.

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Commitment Increase Notice has the meaning assigned to such term in Section 2.19.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Facility Increase has the meaning provided in Section 2.15(a).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Commitment Increase has the meaning specified in Section 2.18(a).

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Additional Credit Extension Amendment means an amendment to this Agreement providing for any New Term Loans which shall be consistent with the applicable provisions of this Agreement relating to New Term Loans otherwise satisfactory to the Agent and the Borrower.

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Commitment Increase Date has the meaning assigned to such term in Section 2.08(e).

  • Incremental Facilities has the meaning assigned to such term in Section 2.22(a).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Permitted Amendments has the meaning specified in Section 10.01.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.