Commitment Expiration Date definition
Examples of Commitment Expiration Date in a sentence
The City shall have the option to convert (a) the unpaid principal amount of any Taxable Note to a Taxable Term Note, and (b) the unpaid principal amount of any Tax-Exempt Note to a Tax-Exempt Term Note, in each case on the Commitment Expiration Date, if the conditions set forth in Section 4.2 hereof are satisfied on the Commitment Expiration Date.
At any time prior to the submission of a Request for Purchase of a Fixed Rate Note by the City and prior to the Commitment Expiration Date, the City may request from the Bank an indicative fixed rate (the “Indicative Rate Request”).
The City hereby requests, pursuant to Section 2.10 of the Agreement, that the Commitment Expiration Date with respect to the Available Commitment as of the date hereof be extended by to , .
The Authority may request an extension of the Commitment Expiration Date in writing substantially in the form of Exhibit C hereto to the Lender not more than one hundred eighty (180) days prior to the then current Commitment Expiration Date.
The Commitment Fee shall be payable quarterly in arrears on the first Business Day of each July, October, January and April of each calendar year (beginning on the first such date to occur after the Effective Date) and on the Commitment Expiration Date, or such earlier date on which the Commitment may be terminated in accordance with the terms of this Agreement.