Facility Reduction Date definition

Facility Reduction Date means, in relation to a Vessel:
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Facility Reduction Date means February 28, 2007.
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Facility Reduction Date the Facility Reduction Commencement Date and each Scheduled Redetermination Date thereafter, to and including the Final Maturity Date;
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Examples of Facility Reduction Date in a sentence

  • The LRM approach can be used to conduct screening-level assessments that roughly classify or prioritize samples on the basis of sediment chemistry.

  • Lender shall not be required to issue any Letter of Credit that would cause the outstanding amount of Letters of Credit after the Facility Reduction Date to exceed Two Million Dollars ($2,000,000).

  • Lender shall make Advances to Borrower, in accordance with Section 2.2 of this Agreement for working capital purposes and, to the extent not prohibited hereunder, other general corporate purposes, provided that the aggregate amount thereof outstanding at any one time shall not exceed (i) prior to the Facility Reduction Date, Fifty Million Dollars ($50,000,000.00), and (ii) on and after the Facility Reduction Date, Twenty Million Dollars ($20,000,000.00).

  • Montgomery College in connection with its contract/agreement with the Company requires the Company to assume responsibility for the vaccination verification and accommodation requirements described in Attachment 1 and the Company agrees to assume those responsibilities with respect to all of its employees that provide on-site services at a Montgomery College site or a site at which Montgomery College provides services including, but not limited to a Montgomery County Public School.

  • Emission reduction credits (tons/yr) ID Facility Reduction Date PM10 NOx SOx1151 Freescale Semiconductor, Inc.

  • If any Vessel is sold or otherwise is disposed of (whether in whole or in part) or suffers a Total Loss, the Facility shall be prepaid by an amount equal to the Facility Reduction Amount on the Facility Reduction Date.

  • If the Facility Reduction Amount is higher than the Loans then outstanding, the Available Facility shall be reduced on the Facility Reduction Date in order to ensure that the aggregate amount prepaid and so reduced is equal to the Facility Reduction Amount.

  • The Facility will be reduced to $1.0 billion on the date (the "Initial Facility Reduction Date") which is the earlier of (i) 45 days after the consummation of the Merger or (ii) 180 days after the consummation of the Offer.

  • On each Committed Facility Reduction Date, Borrower shall pay, for application to the repayment of the Committed Loans, that amount, if any, by which the outstanding principal of all Loans exceeds the amount of the Committed Facility, as reduced thereon.

  • For other portable batteries that are incorporated in other appliances, such as (10) Commission Regulation (EU) No 617/2013 of 26 June 2013 implementing directive 2009/125/EC of the European Parliament and of the Council with regard to ecodesign requirements for computers and computer servers (OJ L 175, 27.6.2013, p.


More Definitions of Facility Reduction Date

Facility Reduction Date shall have the meaning given to such term in that certain Third Amendment to Side Letter dated as of the Effective Date by and between Sellers and Administrative Agent.
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Facility Reduction Date means the first date after the Commitment Termination Date on which both of the following events shall have occurred (i) the sum of (x) the aggregate principal amount of First Priority Term Loans which have been repaid prior to such date other than by Scheduled Repayments pursuant to Section 4.02(a) and (y) the aggregate amount of reductions to the Total First Priority Term Loan Commitment pursuant to Section 4.02(d) prior to such date shall equal or exceed the First Priority Term Loan Reduction Amount and (ii) no Second Priority Term Loan shall be outstanding.
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Facility Reduction Date means August 30, 2023.
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Facility Reduction Date means each of the twelve (12) consecutive quarterly dates referred to in Clause 6.5 (Automatic cancellation).
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Related to Facility Reduction Date

  • Reduction Date has the meaning set forth in Section 20.1B.

  • 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.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • 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.

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

  • Proposed Reduction Date has the meaning set forth in Section 1.3.

  • 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.

  • 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.

  • 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.

  • 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.

  • Revolving Loan Commitment Termination Date means the earliest of

  • 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 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).

  • 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.

  • Activation Date means the date upon which MLBFS shall cause the WCMA Line of Credit to be fully activated under MLPF&S' computer system as part of the WCMA Program.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Credit allowance date means with respect to any qualified equity investment:

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

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity 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 Termination Date means the earlier to occur of:

  • 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.

  • Allocation Date means, with respect to any Transfer Date, the Business Day which is immediately prior to such Transfer Date.

  • Scheduled Commitment Termination Date means April 16, 2024.