Actual-Termination Date definition

Actual-Termination Date means the earlier of either (a) the Stated- Termination Date or (b) the effective date that Lenders' commitments to lend under this agreement are fully canceled or terminated in accordance with the terms of this agreement.

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Actual-Termination Date means the date on which all of the Revolving Commitments and Bridge Loan Commitments are terminated (whether voluntarily, by reason of the occurrence of an Event of Default or otherwise).

Actual-Termination Date means the date on which the Contract terminates.

Examples of Actual-Termination Date in a sentence

• Each Borrowing may only occur on a Business Day on or after the Closing Date and before the Actual-Termination Date.

• Any attempted assignment not in accordance with this Section 25.3 shall be void.

• If the effective date that Lenders' commitments to lend under this agreement are fully canceled or terminated occurs before the Stated-Termination Date, then the Principal Debt of the Revolving Facility, together with all accrued and unpaid interest on it, is due and payable on the Actual-Termination Date.

• Until the Actual-Termination Date, interest on the Principal Debt of the Revolving Facility is due and payable as it accrues on the 15th day of each calendar month (commencing on the first such date that follows the Closing Date).

• If Borrower fails to repay any Swing Borrowing and accrued interest on it within three Business Days after demand by Swing Lender (and in any event upon the earlier to occur of an Event of Default or the Actual-Termination Date), Swing Lender shall timely notify each Lender of that failure and of the date and amount not paid.

• Borrower shall pay to Agent an unused facility fee for Lenders payable in arrears on the 15th day of each Calendar Month for the preceding Calendar Month and on the Warehouse- Actual-Termination Date.

• Ratable Borrowings are subject to the following specific conditions: * Each Ratable Borrowing may only occur on a Business Day on or after the Closing Date and before the Actual-Termination Date.

• Borrower shall pay (a) interest on the 15th day of ------------------ each Calendar Month (commencing on the first such date after the Closing Date) as it accrued through the last day of the preceding Calendar Month, and (b) the Principal Debt and all accrued and unpaid interest on the Actual-Termination Date.

• Swing Borrowings are subject to the following specific conditions: * Each Swing Borrowing may only occur on a Business Day on or after the Closing Date and before the Actual-Termination Date.

• No Borrowing may be made on a day that is not a Business Day or on or after the Actual-Termination Date.

More Definitions of Actual-Termination Date

Actual-Termination Date means the actual date on which Executive’s employment with the Company is terminated for any reason. Following the date on which a new Chief Executive Officer of the Company is appointed and commences work in that capacity, and until the New CEO Transition Date, Executive will make himself reasonably available for consultation and to assist with the transition of his duties during reasonable business hours for up to twenty (20) hours per week at such location(s) reasonably requested by the Company; it being understood that Executive would not be expected to routinely maintain a regular in-office schedule.