Existing Commitment Termination Date definition

Existing Commitment Termination Date as defined in Section 2.12(a).

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Existing Commitment Termination Date has the meaning set forth in Section 2.22(d).

Existing Commitment Termination Date shall have the meaning given such term in Section 2.20(a).

Examples of Existing Commitment Termination Date in a sentence

• Borrower may, by notice to Administrative Agent (which shall promptly deliver a copy to each of the Lenders) given at least thirty (30) days and not more than ninety (90) days prior to the then Revolving Credit Termination Date (the “Existing Commitment Termination Date”), request that Lenders extend the Existing Commitment Termination Date for one additional one-year period.

• Notwithstanding any provision of this Agreement to the contrary, any notice by any Lender of its willingness to extend the Existing Commitment Termination Date shall be revocable by such Lender in its sole and absolute discretion at any time prior to the date which is 30 days after its receipt of any Extension of Commitment Termination Date Request.

• Even if the Existing Commitment Termination Date is extended as aforesaid, the Commitment of each Non-extending Bank shall terminate on the Existing Commitment Termination Date.

• Each Lender that determines not to so extend its Existing Commitment Termination Date (a “Non-Extending Lender”) shall notify the Agent of such fact promptly after such determination (but in any event no later than the Notice Date), and any Lender that does not so advise the Agent shall be deemed to be a Non-Extending Lender.

• The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Borrower for extension of the Existing Commitment Termination Date.

More Definitions of Existing Commitment Termination Date

Existing Commitment Termination Date is defined in Section 1.16 hereof.

Existing Commitment Termination Date means June 5, 2022.

Existing Commitment Termination Date shall have the meaning assigned to such term in Section 2.08 hereof.

Existing Commitment Termination Date. As defined in Section 4.7(a).

Existing Commitment Termination Date means June 29, 2017.

Existing Commitment Termination Date means February 19, 2020.

Existing Commitment Termination Date has the meaning set forth in Section 2.20(a). “Existing Credit Agreement” means the Second Amended and Restated Credit Agreement dated as of April 11, 2012, among the Parent Borrower, the other borrowers party thereto, the subsidiary guarantors party thereto, JPMCB, as administrative agent, and the lenders party thereto, as heretofore amended. “Existing Letters of Credit” means each letter of credit previously issued for the account of the Parent Borrower pursuant to the Existing Credit Agreement that is (a) outstanding on the Effective Date and (b) listed on Schedule 2.06. “Extension Effective Date” has the meaning set forth in Section 2.20(a). “Extension Request” has the meaning set forth in Section 2.20(a). “FATCA” means Sections 1471 through 1474 of the Code, as of the date of this AgreementEffective Date (or any amended or successor version that is substantively comparable and not materially more onerous to comply with) and any current or future regulations or official interpretations thereof, any intergovernmental agreements entered into thereunder, any agreements entered into pursuant to Section 1471(b)(1) of the Code, any intergovernmental agreement entered into to implement such Sections of the Code and any laws, rules and practices adopted by a non-U.S. jurisdiction to effect any such intergovernmental agreement. “Federal Funds Effective Rate” means, for any day, the weighted average (rounded upwards, if necessary, to the next 1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as r ate ca lculated b y t he NY FRB b ased o n suc h d ay’ s fed er al f u nd s transactions by depositary institutions, as determined in such manner as the NYFRB shall set forth on it s public website from time to time, and published on the next succeeding Business Day by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers of recognized standing selected by itNYFRB as the federal funds effective rate. For purposes of this Agreement, in no event shall the Federal Funds Effective Rate be less than 0%. “Financial Officer” means the principal financial officer, chief financial officer, principal accounting officer, treasurer, controller o...