Draw Termination Date definition

Draw Termination Date means the earliest of (a) the second anniversary of the Closing Date, (b) the Maturity Date, (c) the date of termination by the Borrower of the Aggregate Commitments in full pursuant to Section 2.04 and (d) the date of termination of the Aggregate Commitments pursuant to Section 6.02(b).
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Draw Termination Date is defined in Section 2.A.1.
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Draw Termination Date means the date equal to six months following both (i) delivery by the Borrower to the Trustee of an Expansion Certificate of Occupancy; and (ii) the Convention Center Reopening Date.
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Examples of Draw Termination Date in a sentence

  • In the event that the Initial Term Loans are not funded by 12:00 p.m. New York City time on the Delayed Draw Termination Date, each Term Lender’s Initial Term Commitment shall automatically expire, and each Term Lender shall have no further obligation to make Initial Term Loans.

  • Terms of the sale included an upfront payment of $1,054,400 (US $1,000,000) in cash paid at closing to the Company with potential future payments of up to US $6,000,000 payable in cash or Transition shares, based upon Transition reaching certain developmental and regulatory milestones as outlined in the agreementThe Company’s management believes sufficient financial resources exist to fund operations into the fourth quarter of 2009.

  • The Term B Delayed Draw Commitments of the Lenders shall terminate automatically on the Term B Delayed Draw Termination Date.

  • The Delayed Draw Commitment Fee shall accrue from the date that is 90 days after the Closing Date until the earliest of (x) the Delayed Draw Funding Date, (y) the Delayed Draw Termination Date and (z) the date on which the Commitments have otherwise been reduced to zero.

  • The board is further updating (4) to standardize with drug enforcement agency requirements and not impose a separate requirement on licensees.

  • The Delayed Draw Undrawn Fee shall be payable in arrears on the Delayed Draw Termination Date.

  • The Tranche A Commitments (other than any Incremental Term Loan Commitments, which shall terminate as provided in the related Incremental Assumption Agreement) shall automatically be reduced pro tanto upon the making of any Tranche A Loans and shall automatically terminate at 5:00 p.m., New York City time, on the Delayed Draw Termination Date, if not earlier terminated in accordance with this Agreement.

  • D.Physical As specified in Article 2.4, Paragraph B.1, LevNet RF Wireless Wall Switch Receivers mount in standard single-gang wall boxes, directly replacing two single-pole switches for fast and easy installation.

  • On the 2019 Delayed Draw Termination Date, all then outstanding 2019 Delayed Draw Incremental Term Loan Commitments of each Lender on the 2019 Delayed Draw Termination Date will terminate.

  • The Delayed Draw Commitment Fee shall be payable quarterly in arrears on the last day of each calendar quarter and on the Delayed Draw Termination Date.


More Definitions of Draw Termination Date

Draw Termination Date means the earliest of (i) August 27, 2018, and (ii) if the Maximum Aggregate Amount of Loans has been made prior to August 27, 2018, the Funding Date of the last Loan made to Borrower.
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Draw Termination Date means December 31, 2019.
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Draw Termination Date means February 1, 2016.
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Draw Termination Date means June 30, 2020.”
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Draw Termination Date means the earliest to occur of (i) with respect to the Commitments as of the Initial Draw Date, the date that is the 24-month anniversary of the Initial Draw Date, provided, however, if the Commitments are increased pursuant to Section 2.19, it shall be the date that is the 36-month anniversary the Initial Draw Date, (ii) the date of the termination of the Commitments pursuant to Section 7.1 and (iii) the date upon which an Event of Default has occurred and is continuing.
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Draw Termination Date has the meaning assigned to such term in Section 2.01(b).
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Related to Draw Termination Date

  • 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.

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

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

  • 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).

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

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

  • 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).

  • 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.

  • 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.

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

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

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

  • Revolving Termination Date means the earlier to occur of:

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

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

  • 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.