Term Loan Commitment Termination Date definition

Term Loan Commitment Termination Date means with respect to the Tranche B Term Loans, the date which is the earlier to occur of (x) the date which is seven years after the Third Restatement Date and (y) the first date on which all undrawn Term Loan Commitments have been terminated or reduced to zero pursuant to the terms hereof.
Term Loan Commitment Termination Date means the earliest to occur of (i) May 9, 2012 and (ii) the declaration or automatic occurrence of the Term Loan Commitment Termination Date pursuant to Section 7.02.
Term Loan Commitment Termination Date means the earlier of

Examples of Term Loan Commitment Termination Date in a sentence

  • Accruing from the Closing Date until the Term Loan Commitment Termination Date, the Borrowers agree to pay to the Lender a nonrefundable unused commitment fee (the “Unused Commitment Fee”) equal to the Unused Commitment Fee Rate (computed on the basis of a year of 360 days and actual days elapsed) multiplied by the average daily difference between (i) the Term Loan Amount and (ii) the aggregate principal amount of Term Loans actually funded under the Term Loan Facility.

  • Each Lender’s Delayed Draw Term Loan Commitment shall terminate immediately and without further action on the Delayed Draw Term Loan Commitment Termination Date.

  • The Company may from time to time prior to the Term Loan Commitment Termination Date request that the Lender make a Term Loan by delivering to the Lender, not later than 11:00 a.m. seven (7) Business Days prior to the proposed borrowing date (or, solely in the case of the First Amendment Term Loan, three (3) Business Days prior to the First Amendment Funding Date), a duly completed Loan Request.

  • Subject to the terms and conditions herein set forth, including specifically satisfaction of all conditions set forth in Article IV, the Lender agrees to make one or more term loans (the “Term Loans”) to the Borrowers from time to time during the period from the Closing Date to and including the Term Loan Commitment Termination Date in an aggregate principal amount not to exceed the Term Loan Amount.

  • All Unused Commitment Fees shall be payable quarterly in cash on the first Business Day of each calendar quarter (in arrears through the last day of the immediately preceding quarter) and on the Term Loan Commitment Termination Date.


More Definitions of Term Loan Commitment Termination Date

Term Loan Commitment Termination Date means, as the context may require, the Term-A Loan Commitment Termination Date or the Term-B Loan Commitment Termination Date.
Term Loan Commitment Termination Date means the earliest of
Term Loan Commitment Termination Date means August 19, 2022.
Term Loan Commitment Termination Date means the earliest of (a) the close of business on October 31, 2002, as such date may be extended from time to time as agreed to in writing by Borrower and Lender, (b) the date 30 days after the date Borrower makes an initial public offering of any of its capital stock, (c) the date 30 days after the commencement of Early Amortization, and (d) the date the obligation of Lender to make further Term Loan Advances hereunder is terminated pursuant to Section 8.2 below.
Term Loan Commitment Termination Date means December 31, 2010.
Term Loan Commitment Termination Date means the earliest of (i) November 30, 1997, if the Term Loans have not been made on or prior to such date, (ii) the Closing Date (immediately after the making of the Term Loans on such date), and (iii) the date on which any Commitment Termination Event occurs.
Term Loan Commitment Termination Date means December 31, 2001.