Hedge Effective Date definition

Hedge Effective Date. The "Effective Date" specified in the related confirmation with respect to any Interest Rate Hedge Mechanism.
Hedge Effective Date. The earliest to occur of (i) the fifth (5th) Business Day after the first date on which the LIBOR Rate exceeds four percent (4%) per annum, (ii) the initial date after the Closing Date on which the Aggregate Loan Principal Balance exceeds $100,000,000 for the six (6) consecutive calendar months immediately prior to such date and (iii) the date on which an Event of Default or an Early Amortization Event occurs. “Hedging Requirement”: This term shall have the meaning set forth in Section 628(a) of this Agreement. “Incentive Arrangements”: With respect to any Person, any (a) earn-out agreements, (b) stock appreciation rights, (c) “phantom” stock plans, (d) employment agreements, (e) non- competition agreements and (f) incentive and bonus plans entered into by such Person for the benefit of, and in order to retain, executives, officers or employees of Persons or businesses. “Increase Effective Date”: The meaning specified in Section 301(l)(5). “Increased Costs”: Any fee, expense or increased cost actually charged to or incurred by an Indemnified Party for which such Indemnified Party is entitled to compensation pursuant to the provisions hereof. “Indebtedness”: With respect to any Person without duplication, means (i) all indebtedness (including principal, interest, fees and charges) of such Person for borrowed money, (ii) all obligations of such Person in respect of letters of credit, bankers’ acceptances, and bank guaranties issued for the account of such Person, (iii) all indebtedness of the types described in clause (i), (ii), (iv), (v) or (vi) of this definition secured by any Lien on any property owned by such Person, whether or not such indebtedness has been assumed by such Person (provided that, if the Person has not assumed or otherwise become liable in respect of such indebtedness, such indebtedness 21
Hedge Effective Date. The earliest to occur of (x) the date that is the nine-month anniversary of the later to occur of (i) August 12, 2011 or (ii) the date that the Issuer or an Affiliate thereof shall incur or issue additional debt or issue equity securities, to the extent at least eighty-five percent (85%) of the Outstanding Obligations hereunder are repaid with the proceeds of such debt or equity, (y) the first date after August 12, 2011 on which the 5-year swap rate (as set forth in the Wall Street Journal) shall equal or exceed three and one-half of one percent (3.50%), and (z) the date on which an Event of Default, Early Amortization Event or Manager Default has occurred.

More Definitions of Hedge Effective Date

Hedge Effective Date. ໿The earliest to occur of (x) the first date after the Renewal Date on which one-month LIBOR exceeds one and one-half of one percent (1.50%), (y) the first date after the Renewal Date on which the 5-year swap rate (as set forth in the Wall Street Journal) shall equal or exceed three and one-half of one percent (3.50%), or (z) the date on which an Event of Default, Conversion Event or Manager Default has occurred.”

Related to Hedge Effective Date

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

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Scheme Effective Date means the date on which a copy of the court order sanctioning the Scheme is duly filed on behalf of the Target with the Registrar of Companies in accordance with section 899 of the Companies Act.

  • Merger Effective Date means the date on which the Merger is consummated.

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

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • License Effective Date means, with respect to each Component System of the Licensed System that Company is given the right to access and use, the date as of which the Company is first given such right to access and use.

  • Effective Date has the meaning set forth in the preamble.

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Make-Whole Fundamental Change Effective Date means (A) with respect to a Make-Whole Fundamental Change pursuant to clause (A) of the definition thereof, the date on which such Make-Whole Fundamental Change occurs or becomes effective; and (B) with respect to a Make-Whole Fundamental Change pursuant to clause (B) of the definition thereof, the applicable Redemption Notice Date.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.