Termination Date definition
Examples of Termination Date in a sentence
No in-kind distribution requests submitted during the 10 Business Days prior to the Trust’s Mandatory Termination Date will be honored.
Each Bank severally agrees, on the terms and subject to the conditions of this Agreement, to make loans in Dollars to the Borrower during the period from and including the Effective Date to but not including the Commitment Termination Date in an aggregate principal amount at any one time outstanding up to but not exceeding the amount of such Bank’s Commitment as then in effect minus such Bank’s Pro Rata Share of the aggregate principal amount of all Money Market Loans then outstanding.
The aggregate amount of the Commitments shall be automatically reduced to zero on the Commitment Termination Date.
In addition to Committed Loans pursuant to Section 2.1, the Borrower may, as set forth in this Section 2.3, request the Banks during the period from and including the Effective Date to but not including the date nine days prior to the Commitment Termination Date to make offers to make Money Market Loans to the Borrower.
Each Loan other than a Money Market Loan shall mature, and the Borrower hereby promises to pay to the Administrative Agent for the account of each Bank the outstanding principal of each such Loan made by such Bank, on the Commitment Termination Date.