Set Date definition

Set Date means in relation to the initial Payment Period, the Funding Date, and in relation to each subsequent Payment Period, the Payment Date at the commencement of that Payment Period;

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Set Date has the meaning specified in Section 2.9(f).

Set Date means as follows: (i) with respect to Lender’s standard form Line of Credit or Mortgage Note, the date of the Note. (ii) with respect to Lender’s standard form Mortgage Note (Construction to Permanent), (x) the date the first advance is made to Borrower in connection with the Construction Loan Period and (y) the Amortization Commencement Date in connection with the Permanent Loan Period. (iii) with respect to Lender’s standard form Mortgage Note (Construction), the date the first advance is made to Borrower.

Examples of Set Date in a sentence

• If any Regulatory Modification has a Regulatory Modification Retroactive Effective Date and any Lender demands compensation within 180 days after the date setting the Regulatory Modification Retroactive Effective Date (the "Regulatory Modification Set Date"), such Lender shall have the right to receive such Additional Costs from the Regulatory Modification Retroactive Effective Date.

• If a Lender does not demand such Increased Advance Costs within two years after the Increased Advance Costs Set Date, such Lender may not receive payment of Increased Advance Costs with respect to any period more than two years prior to such demand.

• If a Lender does not demand such Additional Costs within 180 days after the Regulatory Modification Set Date, such Lender may not receive payment of Additional Costs with respect to any period more than 180 days prior to such demand.

• If a Lender does not demand such Increased Advance Costs within 180 days after the Increased Advance Costs Set Date, such Lender may not receive payment of Increased Advance Costs with respect to any period more than 180 days prior to such demand.

• If a Lender does not demand such Additional Costs within 180 days after the Regulatory Modification Set Date, such lender may not receive payment of Additional Costs with respect to any period more than 180 days prior to such demand.

• If any Increased Advance Costs has an Increased Advance Costs Retroactive Effective Date and any Lender demands compensation within 180 days after the date setting the Increased Advance Costs Retroactive Effective Date (the "Increased Advance Costs Set Date"), such Lender shall have the right to receive such Increased Advance Costs from the Increased Advance Costs Retroactive Effective Date.

• Changes in the applicable margin shall become effective as of the Rate Set Date based upon the Leverage Ratio of the previous Interest Period.

• If any Increased Letter of Credit Costs has an Increased Costs Letter of Credit Retroactive Effective Date and the Issuing Bank or any Lender demands compensation within 180 days after the date setting the Increased Letter of Credit Costs Effective Date (the "Increased Letter of Credit Costs Set Date"), the Issuing Bank or such Lender, as appropriate, shall have the right to receive such Increased Letter of Credit Costs from the Increased Letter of Credit Retroactive Effective Date.

• A tribunal established under Article 27 [Selection of Arbitrators] shall not have jurisdiction to decide a claim, or a part of a claim, over which a tribunal established or instructed under this Article has assumed jurisdiction.

• If any Increased Advance Costs has an Increased Advance Costs Retroactive Effective Date and any Lender demands compensation within two years after the date setting the Increased Advance Costs Retroactive Effective Date (the "Increased Advance Costs Set Date"), such Lender shall have the right to receive such Increased Advance Costs from the Increased Advance Costs Retroactive Effective Date.

More Definitions of Set Date

Set Date. The Set Date refers to the date when the first UBC Product has been launched in all Strategic Countries.

Set Date means, initially, the Effective Date and thereafter each date on which the Applicable Rate is decreased pursuant to a change from the then-current Category upon which the Applicable Rate is based to a different Category which is higher (Categories with lower numbers being higher categories) than any Category on which the Applicable Rate was based at any time prior to such change. For purposes of this definition, (i) if neither S&P nor ▇▇▇▇▇'▇ shall have in effect a rating for Index Debt, then both such rating agencies will be deemed to have established ratings for Index Debt in Category 7; (ii) if only one of S&P and ▇▇▇▇▇'▇ shall have in effect a rating for Index Debt, the Borrowers and the Lenders will negotiate in good faith to agree upon another rating agency to be substituted by an amendment to this Agreement for the rating agency which shall not have a rating in effect, and pending the effectiveness of such amendment the Applicable Rate will be determined by reference to the available rating; (iii) if the ratings established or deemed to have been established by S&P and ▇▇▇▇▇'▇ shall fall within different Categories, the Applicable Rate shall be determined by reference to (x) if such ratings are adjacent, the higher of such ratings, and (y) if such ratings are not adjacent, the rating that is one rating lower than the higher of such ratings; and (iv) if any rating established or deemed to have been established by S&P or ▇▇▇▇▇'▇ shall be changed (other than as a result of a change in the rating system of either S&P or ▇▇▇▇▇'▇), such change shall be effective as of the date on which such change is first announced by the rating agency making such change. If the rating system of either S&P or ▇▇▇▇▇'▇ shall change prior to the Term Loan Maturity Date, the Borrowers and the Lenders shall negotiate in good faith to amend the references to specific ratings in this definition to reflect such changed rating system.

Set Date is defined in Section 4.1(b).