Optional Scheduled Redetermination Date definition

Optional Scheduled Redetermination Date means each January 1 and July 1, in each case, that the Borrower designates as an Optional Scheduled Redetermination Date pursuant to Section 2.07(b).
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Optional Scheduled Redetermination Date means each January 1 and July 1, in each case, that the Borrower designates as an Optional Scheduled Redetermination Date pursuant to Section 2.07(b) .
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Examples of Optional Scheduled Redetermination Date in a sentence

  • The Borrower may elect for any February 1 or August 1 of any calendar to be a Scheduled Redetermination Date by designating in writing to the Administrative Agent such date as an Optional Scheduled Redetermination Date (which designation must be made no later than the date on which the Scheduled Redetermination scheduled for the immediately preceding April 1, July 1, October 1 and January 1, as applicable, becomes effective.

  • The Borrower may elect for any January 1 or July 1 of any calendar to be an Optional Scheduled Redetermination Date by designating in writing to the Administrative Agent such date as an Optional Scheduled Redetermination Date (which designation must be made no later than the date on which the Scheduled Redetermination scheduled for the immediately preceding April 1, July 1, October 1 and January 1, as applicable, becomes effective.

  • The Borrower may elect for any January 1 or July 1 of any calendar year to be an Optional Scheduled Redetermination Date by designating in writing to the Administrative Agent such date as an Optional Scheduled Redetermination Date (which designation must be made no later than the date on which the Scheduled Redetermination scheduled for the immediately preceding April 1 and October 1, as applicable, becomes effective.