Construction Commitment Termination Date definition

Construction Commitment Termination Date means the earliest of (i) August 1, 2004, (ii) the date on which the Construction and Term Loan Commitments are fully drawn, and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).
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Construction Commitment Termination Date means the earlier to occur of (i) the Completion Date and (ii) such earlier date on which the Construction Commitments shall terminate in accordance with Section 2.7 or Article 7 hereof.
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Construction Commitment Termination Date means the earlier to occur of (i) the Completion Date and (ii) such earlier date on which
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Examples of Construction Commitment Termination Date in a sentence

  • From and after the Closing Date until the Construction Commitment Termination Date, the Undrawn Commitment Amount shall bear interest at the rate of three-eighths percent (0.375%) per annum (the “Undrawn Commitment Fee”), payable ratably to each Note Holder in arrears on and to each Payment Date.

  • Each Lender, severally and not jointly, agrees, upon the terms and subject to the conditions hereof, to make loans to the Borrower, on any Business Day and from time to time from the Closing Date to but excluding the Construction Commitment Termination Date, for use in paying Project Costs each in an aggregate principal amount which when added to the aggregate principal amount of all Construction Loans theretofore made to the Borrower by such Lender, does not exceed such Lender's Construction Commitment.

  • Accrued commitment fees shall be payable in arrears on the last day of each of March, June, September and December of each year and on the Construction Completion Date and the Revolving Commitment Termination Date, commencing on the first such date after the Closing Date; provided, that any commitment fees accruing after the Construction Commitment Termination Date and the Revolving Commitment Termination Date shall be payable on demand.

  • Lender shall have no obligation to make any advance hereunder after the Construction Commitment Termination Date.

  • The Advances for which Borrower qualifies hereunder shall be made from time to time from the date hereof to and including the Construction Commitment Termination Date.

  • Borrower shall, in any event, complete construction of all Improvements free and clear of all liens on or before the Construction Commitment Termination Date.

  • No Advances shall be made after the Construction Commitment Termination Date.


More Definitions of Construction Commitment Termination Date

Construction Commitment Termination Date means the earliest of (i) October 1, 2005, (ii) the date on which the Commitments are fully drawn, and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise).
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Construction Commitment Termination Date means October 1, 2007.
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Construction Commitment Termination Date means the earliest of (i) February 28, 2010, (ii) the Tax Equity Closing Date, (iii) the Term Refinancing Closing Date and (iv) such earlier date on which the Commitments are terminated pursuant to subsection 8.2; provided that, if a Force Majeure Event shall occur prior to the date in clause (i), the date in clause (i) shall be extended (but in all events not beyond April 15, 2010) for a number of days equal to the lesser of (a) the number of days the Force Majeure event continues, (b) the number of days by which the Guaranteed EPC Date of Substantial Completion is extended by reason of such Force Majeure event and (c) the number of days by which the Scheduled PPA Commercial Operation Date shall have been extended by reason of such Force Majeure event; provided that, if the extension described in clause (c) terminates prior to the extension described in clause (b) but the PPA Commercial Operation Date occurs prior to the Scheduled PPA Commercial Operation Date (as so extended), then the extension period in clause (b) shall govern.
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Related to Construction Commitment Termination Date

  • Commitment Termination Date means the earliest to occur of (a) the Maturity Date, (b) the date the Commitments are permanently reduced to zero pursuant to Section 2.8, and (c) the date of the termination of the Commitments pursuant to Article VIII.

  • Revolving Commitment Termination Date means the earliest of (i) November 3, 2017, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.9 and (iii) the date on which all amounts outstanding under this Agreement have been declared or have automatically become due and payable (whether by acceleration or otherwise); provided, that, with respect to any Extended Revolving Commitment (and the Extended Revolving Loans made pursuant thereto), the termination date set forth in the Extension Offer with respect thereto.

  • Term Loan Commitment Termination Date means the earliest to occur of (a) the Amendment No. 9 Effective Date, (b) the date the Term Loan Commitments are permanently reduced to zero pursuant to 2.01(b) and (c) the date of the termination of the Term Loan Commitments pursuant to Section 9.01.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Revolving Loan Commitment Termination Date means the earliest of

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Swingline Termination Date means the date which is 7 Business Days prior to the Termination Date.

  • Commitment Termination Event means (a) the occurrence of any Event of Default described in clauses (a) through (d) of Section 8.1.9, or (b) the occurrence and continuance of any other Event of Default and either (i) the declaration of the Loans to be due and payable pursuant to Section 8.3, or (ii) in the absence of such declaration, the giving of notice to the Borrower by the Administrative Agent, acting at the direction of the Required Lenders, that the Commitments have been terminated.

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

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Letter of Credit Termination Date means the fifth Domestic Business Day prior to the Termination Date.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the 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 Lender shall have been made).

  • Agreement Termination Date is defined in Section 7.4.

  • Revolver Termination Date means the date that is the three (3) year anniversary of the Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

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

  • Revolving Termination Date means the earlier to occur of:

  • 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).

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Adjusted Total Term Loan Commitment means at any time the Total Term Loan Commitment less the Term Loan Commitments of all Defaulting Lenders.

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