Initial Acquisition Date definition
Examples of Initial Acquisition Date in a sentence
The Company agrees to pay to each Participant for its own account, a non-refundable facility fee (collectively, the "Facility Fees") equal to 0.125% of such Participant's Commitment, payable in full on the Initial Acquisition Date.
The Company has also owned 100% of the issued and outstanding shares of (i) GVN at all times since the Initial Acquisition Date and (ii) GVS since its formation.
The occurrence of the initial Acquisition Date hereunder (the "Initial Acquisition Date") shall be subject to the prior satisfaction of all of the conditions precedent thereto set forth in this Section 6.2 (or waiver thereof by the applicable parties as set forth herein).
On and from the Initial Acquisition Date, no effective financing statement or other instrument similar in effect covering any Pool Receivable or the Related Security or Collections with respect thereto is on file in any recording office, except those filed in favor of the Program Agent relating to this Agreement, those filed by NBCUniversal pursuant to the Subsidiary Sale and Purchase Agreement, and those filed by the Transferor pursuant to the SCA.
The Commitment Fees shall be payable by the Company in arrears on each Scheduled Payment Date occurring after the earlier of the Initial Acquisition Date or July 15, 1997 and on or before the Commitment Termination Date.