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 (a) the Amendment No. 9 Effective Date, (b) the date the Term Loan Commitments are permanently reduced to zero pursuant to 2.01(b) and (c) the date of the termination of the Term Loan Commitments pursuant to Section 9.01.

Term Loan Commitment Termination Date means the earliest of

Examples of Term Loan Commitment Termination Date in a sentence

• 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.

• 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.

• The Total Term Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Term Loan Commitment Termination Date.

• Such commitment fees are non-refundable and shall be payable by the Borrower in arrears on each Quarterly Payment Date, commencing with the first Quarterly Payment Date following the Effective Date, and on the Multi-Draw Term Loan Commitment Termination Date.

• Make any Restricted Junior Payment; provided that prior to the Term Loan Commitment Termination Date, the Borrower may make Restricted Junior Payments so long as (i) no Event of Termination or Incipient Event of Termination shall then exist or would result therefrom and (ii) such Restricted Junior Payments have been approved by all necessary action on the part of the Borrower and in compliance with all applicable laws.

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 August 19, 2022.

Term Loan Commitment Termination Date means the earliest of (a) the close of business on __________, 2002, as such date may be extended from time to time as agreed to in writing by the Company and the Lender, (b) the date 30 days after the date the Company makes an initial public offering of any of its capital stock, (c) the date thirty (30) days after the commencement of Early Amortization, and (d) the date the obligation of the Lender to make further Term Loan Advances hereunder is terminated pursuant to Section 8.2 below.

Term Loan Commitment Termination Date means the earliest of (i) the Closing Date (immediately after the making of the Term Loans on such date), and (ii) the date on which any Commitment Termination Event occurs. Upon the occurrence of any event described in clause (ii), the Term Loan Commitments shall terminate automatically and without any further action.

Term Loan Commitment Termination Date means December 31, 2001.

Term Loan Commitment Termination Date has the meaning set forth in Section 1.5.

Term Loan Commitment Termination Date. September 30, 1998.