Credit Agreement Termination Date definition

Credit Agreement Termination Date means the date on which the Commitments --------------------------------- of the Lenders have terminated and all principal, interest and all other Indebtedness have been paid in full, and all amounts due to any Lender or any of their Affiliates under any Swap Agreements have been paid in full.
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Credit Agreement Termination Date means the date on which all Term Credit Loans, Revolving Credit Loans and other obligations of the Company under the Credit Agreement shall have been paid in full, the Revolving Credit Commitments shall have been reduced to zero and the credit facility existing under the Credit Agreement shall have been terminated in its entirety.
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Credit Agreement Termination Date means the date of repayment in --------------------------------- full in cash (including, without limitation, cash obtained by way of set-off) of all obligations and termination of all commitments under the Credit Agreement or any subsequent credit or similar agreement relating to any refunding, replacement or refinancing of the indebtedness and/or commitments evidenced by the Credit Agreement.
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Examples of Credit Agreement Termination Date in a sentence

  • For the purposes of this Agreement, the Obligations shall not be deemed to have been paid in full until (a) all maturity dates therefor shall have elapsed, (b) the Commitment shall have been terminated, and (c) the Lenders shall have received indefeasible payment of the Obligations in full in cash (such date that the conditions described in (a), (b), and (c) herein are satisfied shall be the "Credit Agreement Termination Date").

  • Each Term Loan shall bear interest, from and including such then-effective Credit Agreement Termination Date until the payment thereof in full, at a rate per annum equal to (x) in the case such Term Loan is a Base Rate Loan, the Base Rate from time to time in effect and (y) in the case such Term Loan is a LIBOR Rate Loan, the LIBOR Rate applicable to the Loan Period for such Term Loan, and in each case shall otherwise constitute a Committed Loan for all purposes of this Agreement.

  • After the occurrence of the Credit Agreement Termination Date, Company agrees that it shall, to the extent granted to the Agent, and shall cause all of its Subsidiaries to the extent provided under the Credit Agreement (the "Subject Subsidiaries" which directly -------------------- or indirectly own any interest in the System) to (i) guaranty Company's obligations hereunder, and (ii) xxxxx x xxxx on their interests in the System, to secure performance of Company's obligations under this Agreement.

  • Guarantor agrees that until the earlier to occur of (i) the Credit Agreement Termination Date, and (ii) the occurrence of an Event of Default under or in respect of the Credit Agreement and the acceleration of payment of all obligations thereunder, Guarantor may not, except as hereafter provided in this Section 4.1, declare a default in respect of the Reimbursement Obligation or otherwise accelerate payment of the Reimbursement Amount and interest thereon under this Agreement.

  • At all times on and after the Existing Credit Agreement Termination Date, the Borrower will not permit the aggregate principal amount of Indebtedness of its Non-Guarantor Subsidiaries (excluding any intercompany Indebtedness for borrowed money of a Subsidiary of the Borrower owed to the Borrower or another Subsidiary of the Borrower, but including any Guarantee by a Non-Guarantor Subsidiary of Indebtedness of the Borrower or any Subsidiary Guarantor) at any time to exceed $200,000,000.

  • The obligations of the Borrower under Section 4.1, Section 4.2, Section 4.3, Section 10.3 and Section 10.4, shall in each case survive any assignment by the Lender and the occurrence of the Credit Agreement Termination Date and the Termination Date.

  • Promptly after the occurrence of the Credit Agreement Termination Date, the Initial Borrower shall deliver to the Collateral Custodian written notice that the Credit Agreement Termination Date has occurred and the Collateral Custodian shall be entitled to conclusively rely on such notice.

  • When the Credit Agreement Termination Date shall have occurred, this Agreement shall terminate, and the Administrative Agent shall forthwith cause to be assigned, transferred and delivered, against receipt but without any recourse, warranty or representation whatsoever, any remaining Pledged Collateral and money received in respect thereof, to or on the order of the Obligor.

  • Guarantor agrees that it will not register, make any filing or take any similar action in respect of such future lien until after the occurrence of the Credit Agreement Termination Date.

  • The covenants contained in this Section 10 shall survive the Credit Agreement Termination Date.


More Definitions of Credit Agreement Termination Date

Credit Agreement Termination Date means the first date on which (i) no Lender shall have any Commitment under the Credit Agreement, (ii) no principal of or interest on any Loan or Note, and no fee payable pursuant to Section 2.5 of the Credit Agreement, shall be unpaid and (iii) no other Obligations shall be due and payable.
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Credit Agreement Termination Date means the date on which all Term Credit Loans, Revolving Credit Loans and other obligations of the Company under the Credit Agreement shall have been paid in full, the Revolving Credit Commitments shall have been reduced to zero and the credit facility existing under the Credit Agreement shall have been terminated in its entirety. "Demand Registration" shall have the meaning set forth in Section 9.4. "Event of Default" shall have the meaning set forth in the Credit Agreement. "Investor" for purposes of Section 9 hereof shall mean any holder of any Warrant or any Underlying Shares or Restricted Stock issued pursuant thereto and "Investors" shall mean all of the holders of the Warrants or Underlying Shares or Restricted Stock issued pursuant thereto. "Investor Indemnified Party" shall have the meaning set forth in Section 9.7. "Proportionate Part of the Aggregate Warrant Price" shall mean that part of the Aggregate Warrant Price which bears the same ratio to the Aggregate Warrant Price: - in the case of any partial exercise of this Warrant--as the shares then being purchased bear to total number of shares then purchasable if this Warrant were exercised in whole; and - in the case of any partial assignment of this Warrant--as the percentage of shares of Common Stock assigned bears to the percentage of shares of Common Stock purchasable under this Warrant immediately prior to such assignment. "Qualifying Additional Shares of Common Stock" shall mean any shares of Common Stock issued by the Company in an arms-length transaction, the proceeds of which transaction are used by the Company to make a Qualifying Credit Agreement Payment. "Qualifying Credit Agreement Payment" shall mean a payment under the Credit Agreement applied in reduction of the Term Credit Loans until repayment in full thereof, and thereafter, in reduction of the Revolving Credit Loans, which reduction of the Revolving Credit Loans is accompanied by a concurrent and like reduction of the Revolving Credit Commitments (as such terms are defined in the Credit Agreement). "Qualifying Other Holders" shall mean the holders of any shares of Common Stock or other equity securities of the Company which shall have requested that such shares or other equity securities be included in a registration which is the subject of Section 9.5 hereof; provided, however, that the Company shall have provided to each of the Investors not less than 10 Business Day's notice of such request, together with such other relate...
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Credit Agreement Termination Date means January 15, 2009.
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Credit Agreement Termination Date has the meaning specified in the Collateral Trust Agreement.
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Credit Agreement Termination Date means the date on which all Obligations (other than Obligations arising under or in connection with the Royalty Agreement) have been paid in full in cash and the Commitment shall have terminated. CONFIDENTIAL TREATMENT REQUESTED PURSUANT TO RULE 24b-2 Certain portions of this exhibit have been omitted pursuant to a request for confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended. The omitted materials have been filed separately with the Securities and Exchange Commission.
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Related to Credit Agreement Termination Date

  • 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.

  • Revolving Facility Termination Date means the earlier of (i) December 20, 2026, or (ii) the date that the Revolving Commitments have been terminated pursuant to Section 8.02.

  • 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).

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

  • Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.

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

  • Revolving Commitment Termination Date means the earliest of (i) July 31, 2018, (ii) the date on which the Revolving Commitments are terminated pursuant to Section 2.8 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).

  • Revolving Termination Date means the earlier to occur of:

  • 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.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • 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.

  • Scheduled Commitment Termination Date means April 16, 2024.

  • 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 later of (i) that date upon which the Letter of Credit shall expire or terminate pursuant to its terms, or (ii) that date to which the expiration or termination of the Letter of Credit may be extended, from time to time, either by extension or renewal of the existing Letter of Credit or the issuance of a Substitute Letter of Credit.

  • Revolving Loan Commitment Termination Date means the earliest of

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

  • 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.

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

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • 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.

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

  • 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).

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

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

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

  • 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.