Related to Extended Redemption Valuation Date
Maturity Date means December 15, 2035.
Business Day means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.
Fair Market Value means, as of any date, the value of Common Stock determined as follows:
Interest Period means each period beginning on (and including) the Interest Commencement Date or any Interest Payment Date and ending on (but excluding) the next Interest Payment Date;
Day means calendar day.
Fiscal Year means the fiscal year of the Company.
Relevant Period means the period from the passing of this resolution until whichever is the earliest of:
Effective Date means each date and time that the Registration Statement, any post-effective amendment or amendments thereto and any Rule 462(b) Registration Statement became or becomes effective.
Facility means the entire operation located on the property where the Equipment is located;
Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.
bid means a written offer in a prescribed or stipulated form in response to an invitation by an organ of state for the provision of goods or services, through price quotations, advertised competitive bidding processes or proposals;
Subsidiary means a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code.
Parent means a “parent corporation,” whether now or hereafter existing, as defined in Section 424(e) of the Code.
Fund means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business.
Holder means a Person in whose name a Security is registered in the Security Register.
GAAP means generally accepted accounting principles as in effect from time to time in the United States of America.
Agreement means this Credit Agreement.
Exchange Act means the Securities Exchange Act of 1934, as amended.
Lien means, with respect to any asset, (a) any mortgage, deed of trust, lien, pledge, hypothecation, encumbrance, charge or security interest in, on or of such asset, (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such asset and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities.
Securities Act means the Securities Act of 1933, as amended.
Project means specific activities of the Grantee that are supported by funds provided under this Contract.
Account means all of the Eligible Loans hereunder of one (1) Borrower that are of the same Loan type made under the identical subsection of the Higher Education Act and in the same status.
Site means any location, facility, or property as defined under any Environmental Law, whether or not presently or formerly owned or operated by the debtor, including, but not limited to, disposal sites.
Company means the Person named as the “Company” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable provisions of this Indenture, and thereafter “Company” shall mean such successor Person.
Affiliate means, with respect to a specified Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified.
Purchaser means the organization purchasing the goods.