Sweep Termination Date definition

Sweep Termination Date means the date on which Facility Usage is less than 85% of Borrowing Base.
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Sweep Termination Date means the earlier of (i) the cure of the Cash Trap Event pursuant to Section 2.2.(b) and, (ii) the last day of the ninth calendar month after a Cash Trap Event.
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Sweep Termination Date means the date on which Facility Usage is less than 85% of Borrowing Base. Mid-Con Energy Properties, LLC Compiled Credit Agreement 22
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Examples of Sweep Termination Date in a sentence

  • For the purposes hereof: "The Xxxxxxx Excess Cash Flow Sweep Termination Date" shall be the date upon which The Xxxxxxx Borrower has repaid an amount in respect of The Xxxxxxx Construction Loan such that the aggregate principal amount owing under The Xxxxxxx Construction Loan and the Gulfstream Construction Loan as of such date is equal to the Deemed Aggregate Principal Amount as of such date.

  • In the event any Cash Sweep Period exists for more than two (2) consecutive Fiscal Quarters occurring after the commencement of such Cash Sweep Period, then at any time thereafter prior to the Cash Sweep Termination Date for such Cash Sweep Period, Lender, in its sole discretion, may elect to use Excess Cash Flow on deposit in the Cash Sweep Reserve Account, to prepay the Principal Indebtedness and unpaid interest thereon (and Borrower hereby authorizes Lender to do so).

  • The following is inserted in Section 1.02 immediately following the term "Cash Available for Sweep": "Cash Sweep Termination Date".

  • The Issuer shall, and shall cause the Guarantors to, grant the Monitor access to books, records, documents and information relating to each Bus Transaction, the occurrence of the Trigger Date and the occurrence of the Excess Cash Sweep Termination Date (the “ Monitored Transactions”) and such other information related thereto that may be reasonably requested from time to time by the Monitor, in each case to the extent permitted by Applicable Law.


More Definitions of Sweep Termination Date

Sweep Termination Date has the meaning ascribed to such term in the Indenture.
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Related to Sweep Termination Date

  • Escrow Termination Date has the meaning ascribed to such term in Section 9.12.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • 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).

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Event Termination Date See Section 2(e) hereof.

  • Initial Termination Date has the meaning set forth in Section 9.1(b)(i).

  • Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2, TERM NOTE 4, and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, April 21, 2006; (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’S election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Lease Termination Date means the last day of the Lease Term.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • 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.

  • Senior Termination Date For each Senior Certificate Group, the Distribution Date on which the aggregate Class Certificate Balance of the related Classes of Senior Certificates has been reduced to zero.

  • Accrual Termination Date Not applicable.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Forbearance Termination Date means the earlier to occur of (i) the Termination Date and (ii) a Termination Event.

  • Accretion Termination Date As defined in the Series Supplement.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.