Cash Release Date definition

Cash Release Date each Quarterly Distribution Date that immediately follows a Quarterly Calculation Date on which neither the Historical Debt Coverage Ratio nor the Projected Debt Coverage Ratio was less than 1.25 to 1.0.
Sample 1Sample 2Sample 3
Cash Release Date means each of March 1, 2012, June 1, 2012, September 1, 2012, December 1, 2012 and March 1, 2013.
Sample 1

Examples of Cash Release Date in a sentence

  • No later than five Business Days following each Cash Release Date (as defined in Schedule I.4), the Buyer and the Sellers’ Representative shall deliver to the Escrow Agent a joint written instruction instructing the Escrow Agent to distribute to the Sellers’ Representative and/or to the Buyer, as the case may be, the Cash Release Amount (as defined in Schedule I.4) applicable to such Cash Release Date.

  • Except during a Default Period, on any Quarterly Distribution Date which is a Cash Release Date, the Security Agent shall, on such date, transfer from the Additional Collateral Account to the Distributions Account all funds, if any, on deposit in the Additional Collateral Account (after giving effect to any transfers by the Security Agent from the Additional Collateral Account pursuant to paragraphs (a), (b) and (c) of this Section 5.5 on such date).

  • Any claim by the Purchaser prior to the Closing Cash Release Date of a Cash Management Breach, including any dispute thereof, shall follow and be subject to the indemnification procedures set forth Article 7.

Related to Cash Release Date

  • Escrow Release Date means the date of the Escrow Release.

  • Collateral Release Date shall have the meaning provided in Section 10.15(d).

  • Release Date means the date on which the Initial Shares are disbursed from escrow pursuant to Section 3 of that certain Stock Escrow Agreement dated as of the date hereof by and among the Investors and Continental Stock Transfer & Trust Company.

  • Release Deadline means the deadline prescribed by Employer for the execution of the general release described in this paragraph (d)(2) of Section 7, which deadline shall in no event be later than 60 days following the date Executive’s employment terminates;

  • Restriction Release Date means such date, after the Effective Date, that the Board of Directors determines in good faith that it is in the best interests of the Corporation and its stockholders for the transfer restrictions set forth in this Article 4 to terminate.

  • Collateral Release Period means each period commencing with the occurrence of a Collateral Release Event and continuing until the occurrence of the next Collateral Reinstatement Event, if any, immediately following such Collateral Release Event.

  • Release Amount means, for a Property, the following applicable amount together with any other amounts specified in Section 2.4.4:

  • Release Period means the period specified in paragraph 3(d) of the letter of consent.

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Release Expiration Date means the date that is twenty-one (21) days following the date upon which the Company timely delivers to Executive the Release (which shall occur no later than seven (7) days after the Date of Termination), or in the event that such termination of employment is “in connection with an exit incentive or other employment termination program” (as such phrase is defined in the Age Discrimination in Employment Act of 1967, as amended), the date that is forty-five (45) days following such delivery date.

  • Release Notice has the meaning specified in Section 11.19(b).

  • 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.

  • Escrow Release Conditions means, collectively, the conditions set forth in Section 4.3.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.

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

  • Current Release means the latest version of the Software offered for general commercial distribution at a given point in time, including all New Releases.

  • Release Request has the meaning set forth in Section 2.1.

  • 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.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Earned release means earned release from confinement as

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Election Date has the meaning specified in Section 312(h).

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Allowance transfer deadline means midnight of January 30 or, if January 30 is not a business day, midnight of the first business day thereafter and is the deadline by which allowances may be submitted for recordation in an affected unit’s compliance subaccount for the purposes of meeting the unit’s acid rain emissions limitation requirements for sulfur dioxide for the previous calendar year.