Definition of Term Commitment Termination Date

  1. Term Commitment Termination Date means the earlier of (a) April 27, 2015, and (b) the termination in whole of the Term Commitments pursuant to Section 2.1(c)(ii) or Article 7.

Examples of Term Commitment Termination Date in a sentence

  1. Subject to Section 2.16(a)(iii), the Borrower agrees to pay to the Administrative Agent for the account of each Term Lender a term commitment fee, which shall accrue at the rate per annum equal to the Applicable Margin for Commitment Fees on the daily Unused Term Commitment Amount of such Lender during the period from the Effective Date until the Term Commitment Termination Date.
  2. Commitment Fees under this clause (ii) are due and payable quarterly in arrears on March 31st, June 30th, September 30th, and December 31st of each year, commencing on December 31, 2014, and on the Term Commitment Termination Date.

Definition of Term Commitment Termination Date in Note

Term Commitment Termination Date means the earliest to occur of (a) February 29, 2012, (b) the date of termination of the Term Commitments in accordance with the terms of the Financing Documents and (c) the first date on which all outstanding principal of, interest on and all other amounts outstanding in respect of the Term Loans shall have been paid in full.


Definition of Term Commitment Termination Date in First Amendment Agreement

Term Commitment Termination Date means the earliest to occur of (a) February 28, 2013, (b) the date on which the Merger is consummated, (c) the date of termination of the Term Commitments in accordance with the terms of the Financing Documents (including without limitation in accordance with Section 9.01 hereof) and (d) the first date on which all outstanding principal of, interest on and all other amounts outstanding in respect of the Term Loans shall have been paid in full.


Definition of Term Commitment Termination Date in Credit Agreement

Term Commitment Termination Date means the earlier of (a) April 27, 2015, and (b) the termination in whole of the Term Commitments pursuant to Section 2.1(c)(ii) or Article 7.