Examples of Revolving Period End Date in a sentence
Reserved Amount shall mean, on any Notes Calculation Date immediately preceding: (a) a Notes Payment Date falling prior to the Revolving Period End Date, an amount equal to the Available Principal Funds calculated on such Notes Calculation Date minus the Initial Purchase Price Amount calculated on such Notes Calculation Date; and (b) a Notes Payment Date falling on or after the Revolving Period End Date, zero.
On and from the Closing Date until the Revolving Period End Date, the Issuer will continue to purchase Promissory Notes from the Seller pursuant to the Loan Transfer Agreement.
The Extending Lenders (on a pro rata basis) shall have the right to purchase the Commitments of the Non-Extending Lenders and any Commitments of the Non-Extending Lenders not so purchased (or assigned pursuant to Section 12.16) shall be terminated on the Revolving Period End Date immediately prior to giving effect to such extension.
Unless previously terminated, the Commitments shall automatically terminate on the earlier to occur of the Revolving Period End Date or the Termination Date.
Notwithstanding anything to the contrary herein, upon the occurrence of the earlier of (i) an Event of Default or (ii) the Revolving Period End Date with respect to all the Commitments, if the amount on deposit in the Unfunded Exposure Account is less than the Aggregate Unfunded Exposure Amount, the Borrower shall request an Advance in the amount of such shortfall (the “ Exposure Amount Shortfall”).