Permanent Period definition

Permanent Period means the period of time from the Conversion Date to the Maturity Date (as defined in the Funding Loan Agreement).
Sample 1Sample 2Sample 3
Permanent Period means the period of time from the Conversion Date to the Maturity Date (as defined in the Borrower Note) of the Borrower Note.
Sample 1Sample 2Sample 3
Permanent Period means the period of time from and after the repayment or conversion of the Construction Loan.
Sample 1

Examples of Permanent Period in a sentence

  • If and to the extent that the Permanent Period Amount is greater than the principal amount of the Borrower Loan which has previously been disbursed to Borrower, Funding Lender shall deliver Written Notice thereof to Borrower (with a copy to the Governmental Lender) on or before the Conversion Date.

  • Funding Xxxxxx’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

  • Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower (with a copy to the Governmental Lender and the Fiscal Agent) of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable.


More Definitions of Permanent Period

Permanent Period means the period of time commencing on August 20, 2005 and ending on the Maturity Date.
Sample 1
Permanent Period means (a) with respect to the PDC Senior Loan, the period commencing on the date of the Construction Period Expiration Date or the Extended Construction Period Expiration Date, as applicable, for the PDC Senior Loan and ending on the twentieth (20) anniversary thereof and (b) with respect to the Real Estate Loan, the period commencing on the date of the Construction Period Expiration Date or the Extended Construction Period Expiration Date, as applicable, for the Real Estate Loan and ending on the twentieth (20) anniversary thereof.
Sample 1
Permanent Period means the period commencing on the Conversion Date and ending on the Maturity Date.
Sample 1

Related to Permanent Period

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Agreement Period means the time period specified in Article IV, Paragraph A, herein.

  • Scheduled Commitment Termination Date means April 29, 2028, as such date may be extended pursuant to the written consent of the Borrower and the Lenders.

  • Permanent total disability means incapacity because of accidental injury or occupational disease to earn any wages in any employment for which the employee may become physically suited and reasonably fitted by education, training or experience, including vocational rehabilitation; loss of both hands, or both feet, or both legs, or both eyes, or any two thereof, shall constitute permanent total disability;

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Termination Date means the date of the termination of the Executive’s employment with the Company.

  • Revolving Credit Termination Date means the earlier to occur of (i) the Current Termination Date then in effect and (ii) the date of termination in whole of the Commitments pursuant to Section 2.05(a) or 6.01.

  • Revolving Credit Commitment Termination Date means the earliest to occur of (i) other than with respect to Extended Revolving Credit Commitments, August 28, 2022, (ii) the date the Revolving Credit Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, (iii) the date of the termination of the Revolving Credit Commitments pursuant to Section 8.2, and (iv) solely with respect to any Extended Revolving Credit Commitments, the applicable Extended Maturity Date.