Deferral Period Termination Date definition

Deferral Period Termination Date means that date which is the earlier of (a) 11:59 p.m. (Mountain time) on November 15, 2019 or (b) the occurrence of an Event of Default under the Loan Documents (excluding therefrom, however, the Excluded Events, the occurrence of which, whether prior to or during the Deferral Period, shall not constitute an Event of Default during the Deferral Period).
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Deferral Period Termination Date means that date which is the earlier of (a) 11:59 p.m. (Mountain time) on July 15, 2019 or (b) the occurrence of an Event of Default under the Loan Documents (excluding therefrom, however, the Excluded Events, the occurrence of which, whether prior to or during the Deferral Period, shall not constitute an Event of Default during the Deferral Period).
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Deferral Period Termination Date has the meaning set forth in the Fourth Amendment.
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Examples of Deferral Period Termination Date in a sentence

  • Otherwise, the temporary waivers set forth in Sections 2.1(a) and (b) above shall immediately and automatically expire upon the occurrence of the Deferral Period Termination Date without the need for any notice to the Company or any further action by Agent or Lender.

  • All other principal installments payable under the Term Note prior to the occurrence of the Deferral Period Termination Date (including, without limitation, the principal installment payable on August 20, 2019) shall remain due and payable upon their respective payment dates.

  • Payment of each principal installment that becomes due and payable under the Term Note during the Deferral Period shall be deferred to (and shall be immediately due and payable upon) the Deferral Period Termination Date.

  • The Company will maintain the Working Capital of the Consolidated Group at not less than: (a) $15,000,000, commencing on the Fourth Amendment Date and continuing at all times thereafter during the Deferral Period, measured as of the last day of each calendar month; and (b) $30,000,000, commencing on the Deferral Period Termination Date and continuing at all times thereafter, measured as of the last day of each calendar month.

  • Payment of the principal installments payable under the Term Note on February 20, 2019 and May 20, 2019 shall be deferred to (and shall be immediately due and payable upon) the Deferral Period Termination Date.

  • Payment of the principal installments payable under the Term Note on February 20, 2019, May 20, 2019, and November 20, 2019 shall be deferred to (and shall be immediately due and payable upon) the Deferral Period Termination Date.

  • Subject to compliance with Section 2.6, the Company shall also prepay (for immediately application to the Term Loan) each other principal installment due and payable under the Term Note during calendar year 2019 on or before the Deferral Period Termination Date.


More Definitions of Deferral Period Termination Date

Deferral Period Termination Date means the date that occurs on the earlier of (i) December 29, 2023, (ii) the Spartanburg Closing Date and (iii) the date of the occurrence of an Event of Default under Section 9.1(b).” ““REPA” shall have the meaning specified in Amendment No 2 to Senior Loan Agreement.” ““Spartanburg Closing Date” shall mean the “Closing Date” (as defined in the Spartanburg Purchase Agreement”).” ““Spartanburg Purchase Agreement” shall have the meaning specified in Amendment No 2 to Senior Loan Agreement.” ““Spartanburg Transaction Documents” means, collectively, (i) the Spartanburg Purchase Agreement, (ii) the REPA, (iii) Amendment No. 4 to ▇. ▇▇▇▇▇ Note and the other Loan Documents (as defined in the ▇. ▇▇▇▇▇ Note) relating thereto, (iv) this Agreement (as amended by Amendment No. 2 to Senior Loan Agreement) and the other Loan Documents (as defined herein), and (v) any related agreements to any of the foregoing.
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Deferral Period Termination Date has the meaning specified for such term in SECTION 3(b)(iv) of the Sublease.
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Related to Deferral Period Termination Date

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.