Facility Expiration Date definition

Facility Expiration Date means the last day of the Facility Availability Period; provided, that the Facility Expiration Date shall be extendable by Seller for up to three consecutive one year periods, subject to the following:

Facility Expiration Date means the day that is the earlier of (i) the Stated Facility Expiration Date and (ii) any Accelerated Repurchase Date.

Facility Expiration Date means the Scheduled Facility Expiration Date; provided, that on any Business Day following the occurrence of a Change of Control with respect to any Guarantor or Seller, Agent may deliver a written notice to Seller terminating the Facility Term, in which case the Facility Expiration Date shall be the first Monthly Date to occur that is at least five (5) Business Days following the date of such delivery.

Examples of Facility Expiration Date in a sentence

• From the date hereof until the Exit Facility Expiration Date, each Commitment Party agrees not to assign its Prepetition RBL Claims under the Prepetition RBL Facility or the commitments and agreements hereunder, in whole or in part, without the prior written consent of the Borrower; provided, that, to the extent the Borrower consents to any assignment, the proposed new Commitment Party shall execute a joinder agreement in form and substance acceptable to the Borrower.

• See for instance the continued used of the term in the Mozambican anthem, in Igor Cusack, “From Revolution to Reflection: The National Anthems of the New Lusophone Worlds”, Luso-Brazilian Review, 45.2 (45-67), 2008.

• Notwithstanding anything in Section 8.5 to the contrary, on or before the date that is thirty (30) days prior to the Current Facility Expiration Date, the Parties hereto may, in their sole discretion, upon mutual written agreement, extend the Scheduled Facility Expiration Date then in effect for an additional Extension Period beyond the Current Facility Expiration Date, with such extension to become effective on the Current Facility Expiration Date.

• Economic ImpactThere are no requirements for new funding associated with this report.

• Subject to the terms and conditions of this Agreement, the Revolving Term Note and the other Loan Documents, prior to the Revolving Term Facility Expiration Date, upon the request of the Company, Lender shall make loans to the Company under the Revolving Term Facility (each, a “Revolving Term Loan”); provided, that in no event shall Lender be obligated to make a Revolving Term Loan that, when added to the then-current Revolving Term Facility Usage, would exceed at any time the Revolving Term Commitment.

More Definitions of Facility Expiration Date

Facility Expiration Date means the earlier to occur of the Final Stated Maturity Date and the termination in whole of the Commitment pursuant to Section 6.01(b).

Facility Expiration Date means the Scheduled Facility Expiration Date; provided, that (i) the Facility Expiration Date shall be deemed to have occurred on the first date (if any) upon which Seller or Guarantor becomes Insolvent, (ii) on any Business Day during which an Event of Default has occurred and is continuing, Agent may deliver a written notice to Seller and each Buyer terminating the Facility Term, in which case the Facility Expiration Date shall be deemed to occur on the date of such delivery, (iii) on any Business Day during the Facility Term, Seller may deliver a written notice to Agent terminating the Facility Term effective as of the first Weekly Date to occur that is at least three (3) Business Days following the date of such delivery and (iv) if all Buyers hereunder have become Reducing Buyers as of any date, Agent may deliver to Seller and each Buyer a written notice terminating the Facility Term effective as of the later of (x) the first Weekly Date following the delivery of such written notice and (y) the first Weekly Date occurring on or after the expiration of the Seasonal Commitment Period.

Facility Expiration Date means the Scheduled Facility Expiration Date; provided , that on any Business Day following the occurrence of a Change of Control with respect to Guarantor or Seller, Agent may deliver a written notice to Seller terminating the Facility Term, in which case the Facility Expiration Date shall be the first Monthly Date to occur that is at least five (5) Business Days following the date of such delivery.

Facility Expiration Date means the Scheduled Facility Expiration Date; provided, that (i) the Facility Expiration Date shall be deemed to have occurred on the first date (if any) upon which an Insolvency Event shall occur with respect to any Seller Entity, (ii) on any Business Day during which an Event of Default has occurred and is continuing, Buyer may deliver a written notice to Seller terminating the Facility Term, in which case the Facility Expiration Date shall be deemed to occur on the date of such delivery and (iii) on any Business Day during the Facility Term, Seller may deliver a written notice to the Buyer terminating the Facility Term effective as of the first Settlement Date to occur that is at least three (3) Business Days following the date of such delivery.

Facility Expiration Date means the Scheduled Facility Expiration Date in effect from time to time; provided, that (i) the Facility Expiration Date shall be deemed to have occurred on the first date (if any) upon which a Repurchase Date shall be deemed to occur pursuant to Paragraph 11 of the Master Repurchase Agreement, and (ii) on any Business Day Buyer may deliver a written notice to Seller terminating the Facility Term as of the date that is thirty (30) days following the receipt by Seller of such notice, in which case the Facility Expiration Date shall be deemed to occur on the last day of such thirty-day period.

Facility Expiration Date means the day that is the earliest of (i) the Initial Facility Expiration Date, as such date may be extended pursuant to Article 3(h), (ii) any Accelerated Repurchase Date or (iii) any Early Termination Date.

Facility Expiration Date means the Scheduled Facility Expiration Date in effect from time to time; provided, that (i) the Facility Expiration Date shall be deemed to have occurred on the first date (if any) upon which (x) the Termination Date occurs under the Securitization Loan Agreement or (y) an Event of Bankruptcy occurs with respect to Sellers’ Agent, Guarantor or any Seller; (ii) on any Business Day (x) during which an Event of Default has occurred and is continuing or (y) on or after which any Person (other than an Affiliate of MUFG) has replaced MUFG as Securitization Agent under the Securitization Loan Agreement, Buyer may deliver a written notice to Sellers’ Agent and each Seller terminating the Facility Term, in which case the Facility Expiration Date shall be deemed to occur on the date of such delivery; and (iii) in the event Buyer receives written notice pursuant to Section 5.3(r) hereof and the Repurchase Date with respect to the Current Transactions as of the time such notice is received will not otherwise occur on or prior to the date the applicable amendment, supplement or modification is to become effective, Buyer may deliver a written notice to Sellers’ Agent and each Seller terminating the Facility Term, in which case the Facility Expiration Date shall be deemed to occur on the date such amendment, supplement or modification becomes effective.