Accelerated Maturity Date definition

Accelerated Maturity Date means if the Company elects to accelerate the Maturity Date in accordance with Sections 2.2 (b) and 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is on an Interest Payment Date after June 30, 2007.
Accelerated Maturity Date means, if the Company elects to accelerate the Maturity Date in accordance with Section 2.2(c), the date selected by the Company which is prior to the Scheduled Maturity Date, but is after ____________, 2002.
Accelerated Maturity Date has the meaning specified in the Declaration.

Examples of Accelerated Maturity Date in a sentence

  • The Securities are not subject to redemption at the option of the Company or at the option of the Holder prior to maturity; however, if certain Acceleration Events shall have occurred and be continuing, the maturity of the Securities will be accelerated to the Accelerated Maturity Date pursuant to the terms of the Indenture.

  • The Accelerated Guaranteed Amount of a Milestone Fund is the product obtained by multiplying the number of Units outstanding on the Accelerated Maturity Date of the Milestone Fund by the positive difference, if any, obtained when the applicable Net Asset Value per Unit determined as at the Accelerated Maturity Date of the Milest one Fund is subtracted from the Accelerated Guaranteed Value per Unit of the Milestone Fund.

  • Following the Maturity Date or Accelerated Maturity Date, as the case may be, of a Milestone Fund, Sun Life shall close the Milestone Fund.

  • Upon the declaration of an Accelerated Maturity Date of a Milestone Fund by Sun Life, that Milestone Fund shall be automatically closed to new Contributions.

  • In addition, the Maturity Date of a Milestone Fund shall be accelerated without the approval of You or the Members and Sun Life shall declare an Accelerated Maturity Date for a Milestone Fund if all of the assets of the Milestone Fund are allocated to the fixed income component of the portfolio of the Milestone Fund.


More Definitions of Accelerated Maturity Date

Accelerated Maturity Date has the meaning set forth in Section 2.2 of the Indenture.
Accelerated Maturity Date means the fifth Business Day that follows the Accelerated Final Valuation Date. For the avoidance of doubt, a Change in Law Disruption as specified under the section “Description of the Notes – Change in Law” herein will not cause an Accelerated Maturity Date.
Accelerated Maturity Date means, upon an occurrence of an Event of Default as specified in the section “Description of the NotesEvents of Default and Remedies; Waiver of Past Defaults” in the Offering Memorandum, a date determined by the Calculation Agent in good faith and using its reasonable judgment, which may be the date on which such Event of Default is declared or occurs.
Accelerated Maturity Date means the fifth Business Day that follows the Accelerated Final Valuation Date. For the avoidance of doubt, a Hedging Disruption or a Change in Law Disruption specified under the sections “Description of the NotesReference Index Discontinuation; Alteration of Method of Calculation; No Longer Underlying Reference Asset of a Futures or Option Contract” and “Description of the Notes—Change in Law” herein will not cause an Accelerated Maturity Date.
Accelerated Maturity Date has the meaning specified in Section 502.
Accelerated Maturity Date means, in respect of a Milestone Fund, the date prior to the Maturity Date that the Milestone Fund is effectively terminated;
Accelerated Maturity Date the date that is 91 days prior to the stated maturity date of the 2021 Notes if, on such date, any 2021 Notes remain outstanding; provided that the Accelerated Maturity Date shall not apply for any purpose under this Agreement if, on the applicable date (and on each day during such 91-day period), the Borrower and its Restricted Subsidiaries have Liquidity (as defined below) of at least the sum of (x) the outstanding principal amount of the 2021 Notes, plus (y) $200,000,000. For purposes hereof, “Liquidity” shall mean, at any time, the sum of (i) the difference of (a) all Unrestricted Cash of the Borrower and its Restricted Subsidiaries minus (b) any Unrestricted Cash included in the Tranche A Borrowing Base, (ii) the aggregate Available Revolving Commitments of all Revolving Lenders (each as defined in the Term Loan Agreement) and, (iii) the aggregate Excess Availability, in each case, at such time, provided, that, with respect to this clause (iii), the conditions set forth in Sections 5.2(a) and 5.2(b) shall be satisfied at such time.