Advance Period Termination Date definition

Advance Period Termination Date means July 31, 2014.
Sample 1

Examples of Advance Period Termination Date in a sentence

  • The Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 on the Term B Advance Period Termination Date.

  • Lender has agreed to extend an equipment line of credit to Borrower and to extend the Advance Period Termination Date for the Loan as described herein.

  • On and after the Term B Advance Period Termination Date, no Lender shall be obligated to make any Term B Loan.

  • The Commitment of each Lender shall (i) be automatically reduced by 3.125% of the aggregate principal amount thereof in the event the Draw Date has not occurred on or prior to March 31, 2014, and (ii) be automatically and permanently reduced to $0 on the Advance Period Termination Date.

  • Subject to the terms and conditions set forth herein, each Term B Lender severally agrees to make to the Borrower, in up to three advances on any date on or after the Signing Date and until the Term B Advance Period Termination Date, term loans in an aggregate principal amount not to exceed such Term B Lender’s Term B Commitment as in effect on the applicable Draw Date (immediately prior to giving effect to the Term B Borrowings to be made on such date).

  • No Initial Advance shall be made after the Initial Advance Period Termination Date.

  • On and after the Advance Period Termination Date, no Lender shall be obligated to make any Term Loan.

  • Subject to the terms and conditions set forth herein, each Lender severally agrees to make to the Borrowers, in one advance to each of them on any common date on or after the Signing Date and until the Advance Period Termination Date, term loans in an aggregate principal amount not to exceed such Lender’s Commitment as in effect on the Draw Date (immediately prior to giving effect to any Borrowing).

  • Such date, as it may be so extended, is referred to as the "Advance Period Termination Date" upon which date all outstanding principal and unpaid interest shall become due and payable.

Related to Advance Period Termination Date

  • 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.

  • 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.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2, TERM NOTE 4, and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, April 21, 2006; (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’S election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • 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).

  • 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).

  • 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.

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

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • 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.

  • Term Loan Termination Date means the earlier to occur of the (i) Term Loan Maturity Date or (ii) Early Termination Date.

  • Accrual Termination Date Not applicable.

  • Scheduled Commitment Termination Date means April 16, 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.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Delivery Period Termination Date Has the meaning specified in the Related Pass Through Trust Supplement.

  • 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.

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Event Termination Date See Section 2(e) hereof.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

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

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Standstill Termination Date means the earlier of (i) 90 days after the Board Designation Termination Date and (ii) the later of (A) the first anniversary of the date of this Agreement and (B) 90 days after the date on which all Purchaser Designated Directors have resigned or been removed from the Board and the Purchaser has permanently waived and renounced its Board designation rights under Section 1.

  • 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.

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

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.