Definition of Term Loan A-1 Commitment Termination Date

  1. Term Loan A-1 Commitment Termination Date means the earliest of (i) 5 P.M. (New York time) on the Term Loan-A-1 Draw Date, (ii) 5 P.M. (New York time) on the sixtieth (60th) day (or such later date as the Administrative Agent may reasonably agree) following the Closing Date, (iii) the date on which the Term Loan Commitments are terminated in full or reduced to zero pursuant to Section 2.13, and (iv) the occurrence of any Event of Default described in Section 8.1(f) or (g) with respect to the Borrower or a Guarantor or the occurrence and continuance of any other Event of Default and either (x) the declaration of the Term A-1 Loans to be due and payable pursuant to Section 8.2 or (y) in the absence of such declaration, the giving of written notice by the Administrative Agent, acting at the direction of the Required Term Loan A-1 Lenders, to the Borrower pursuant to Section 8.2 that the Term Loan A-1 Commitments have been terminated.

Examples of Term Loan A-1 Commitment Termination Date in a sentence

  1. The obligation of each Lender to make a Term A-1 Loan hereunder is subject to satisfaction (or waiver in accordance with Section 11.11), on or before the earliest of the "Date of Borrowing" identified in the relevant Borrowing Request and the Term Loan A-1 Commitment Termination Date of the following conditions precedent:

Definition of Term Loan A-1 Commitment Termination Date in Financing Agreement

Term Loan A-1 Commitment Termination Date means the earliest to occur of (i) the date the Term Loan A-1 Commitments are permanently reduced to zero pursuant to Section 2.01(a), (ii) the date of the termination of the Term Loan A-1 Commitments pursuant to Section 7.01, and (iii) three years from the Effective Date.


Definition of Term Loan A-1 Commitment Termination Date in Credit Agreement

Term Loan A-1 Commitment Termination Date means the earliest of (i) 5 P.M. (New York time) on the Term Loan-A-1 Draw Date, (ii) 5 P.M. (New York time) on the sixtieth (60th) day (or such later date as the Administrative Agent may reasonably agree) following the Closing Date, (iii) the date on which the Term Loan Commitments are terminated in full or reduced to zero pursuant to Section 2.13, and (iv) the occurrence of any Event of Default described in Section 8.1(f) or (g) with respect to the Borrower or a Guarantor or the occurrence and continuance of any other Event of Default and either (x) the declaration of the Term A-1 Loans to be due and payable pursuant to Section 8.2 or (y) in the absence of such declaration, the giving of written notice by the Administrative Agent, acting at the direction of the Required Term Loan A-1 Lenders, to the Borrower pursuant to Section 8.2 that the Term Loan A-1 Commitments have been terminated.