Effective Date Repayment definition

Effective Date Repayment means the cash debt repayment on the Effective Date in an aggregate amount not to exceed €1,380,000,000 by the Swiss Borrower to Honeywell and/or a subsidiary of Honeywell with the Net Proceeds of the Term Loans and the Senior Subordinated Notes.
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Effective Date Repayment means the repayment, on or around the Effective Date, in one or more steps, of one or more intercompany loans or notes owed by the Company to a Merck Affiliate.
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Effective Date Repayment means the cash debt repayment within one Business Day the Effective Date in an aggregate amount not to exceed $1,200,000,000 by the Borrower to Honeywell and/or a subsidiary of Honeywell with the Net Proceeds of the Term Loans and the Senior Notes.
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Examples of Effective Date Repayment in a sentence

  • On the Effective Date, subject to the terms of the DIP Note Purchase Agreement, each Holder of a DIP Facility Claim shall receive, in full and final satisfaction, settlement, release and discharge of its DIP Facility Claim, its Pro Rata share of (i) Cash in an amount equal to the DIP Facility Effective Date Repayment Amount and (ii) (at each such Holder’s election) the Roll-Over Notes or the loans under the Roll-Over Facility (if any).

  • Termination Date: 60 months from the Effective Date Repayment: Bullet repayment on the Termination Date subject to any prepayments made in accordance with these Terms of Restructuring.

  • Each of Holdings and the Borrower will, and will take reasonable action to(a) cause each of its Restricted Subsidiaries to, comply witthe proceeds of the Senior Notes and h all Requirements of Law (including ERISA, Environmental Laws and the USA PATRIOT Act) with respect to it or its prop,erty, excethe Effective Date Repayment and the Post-Effective Date Repayment and (iii) general corporate purposes.

  • Notwithstanding anything to the contrary herein, this Section 2.15 shall apply with respect to any funding losses, costs and expenses due and payable to any Existing Lender in connection with the Existing Credit Agreement and the Effective Date Repayment.

  • The proceeds of the Term Loans and Revolving Loans made on the Effective Date will be used solely for the payment of the Effective Date Repayment and the Effective Date Dividend and fees and expenses payable in connection with the Transactions.


More Definitions of Effective Date Repayment

Effective Date Repayment means the cash debt repayment within one Business Day the Effective Date in an aggregate amount not to exceed
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Effective Date Repayment means, collectively, (i) the repayment of all outstanding Revolving Loans and Swingline Loans (each as defined in the Existing Credit Agreement) and the payment of all accrued and unpaid interest and fees (including but not limited to commitment fees, letter of credit fees and fronting fees) under the Existing Credit Agreement and (ii) the payment of all reasonable and documented out-of-pocket expenses incurred by the Existing Agent, including Xxxx Xxxxxxxx LLP’s outstanding legal fees and expenses incurred in connection with its representation of the Existing Agent.
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Effective Date Repayment means the cash settlement to be made by the Company of intercompany indebtedness owing to Dover on the Effective Date in an aggregate amount not to exceed $450,000,000.
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Related to Effective Date Repayment

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.

  • Original Pre-Funded Amount The amount deposited by the Depositor in the Pre-Funding Account on the Closing Date, which amount is $36,215,225.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

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

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • Incremental Facility Amendment has the meaning assigned to such term in Section 2.20(f).

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • 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.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.

  • Loan Repayment Date means the date a Loan is scheduled to be repaid, as confirmed pursuant to Clause 5.3(c) of this Agreement, which shall in no event be later than the earlier of (i) the date falling six (6) Months from the relevant Utilisation Date and (ii) the Facility Repayment Date.