Honor Date definition

Honor Date has the meaning specified in Section 2.03(c)(i).

Honor Date shall have the meaning assigned to such term in Section 2.26(c)(i).

Honor Date has the meaning specified in subsection 3.3(c).

Examples of Honor Date in a sentence

• If the Borrower fails to so reimburse such L/C Issuer on such next Business Day, the Administrative Agent shall promptly notify each Revolving Credit Lender under the applicable Revolving Tranche of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Pro Rata Share thereof.

• In such event, the Borrower shall be deemed to have requested a Revolving Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.03 for the principal amount of Revolving Base Rate Loans, but subject to the amount of the unutilized portion of the Available Revolving Amount and the conditions set forth in Section 4.02 (other than the delivery of a Loan Notice).

• If the Borrower fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of the Dollar Equivalent thereof in the case of a Letter of Credit denominated in an Alternative Currency) (the “Unreimbursed Amount”), and the amount of such Lender’s Applicable Percentage thereof.

• If the Borrowers fails to so reimburse the L/C Issuer by such time, the Administrative Agent shall promptly notify each Revolving Credit Lender of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Applicable Percentage thereof.

• In such event, the Borrower shall be deemed to have requested a Borrowing of Revolving Loans that are Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Revolving Commitments and the conditions set forth in Section 5.02 (other than the delivery of a Loan Notice).

More Definitions of Honor Date

Honor Date means the date of any payment by an L/C Issuer under a Letter of Credit.

Honor Date has the meaning set forth in Section 2.19(c).

Honor Date as defined in Section 3.5.

Honor Date has the meaning specified in Section 6.3(b).

Honor Date has the meaning specified in Section 3.03(c). ----------

Honor Date shall have the meaning set forth in Section 2.5.1(a).

Honor Date has the meaning assigned to that term in Section 4.3(a).