Facility Termination Notice definition

Facility Termination Notice shall have the meaning assigned to it in Section 2.02(b) of the Funding Agreement.
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Facility Termination Notice shall have the meaning assigned to it in Section 2.02(b) of the Funding Agreement. Annex X [*] Indicates that certain information in this exhibit has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to omitted portions. Confidential Treatment Requested
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Facility Termination Notice means a notice in substantially the form of Annex B to Exhibit VI from the Agent to the Collection Bank. "FEDERAL BANKRUPTCY CODE" means Title 11 of the United States Code entitled "Bankruptcy," as amended and any successor statute thereto.
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Examples of Facility Termination Notice in a sentence

  • Each Facility Termination Notice or Facility Limit Reduction Notice shall specify, respectively, the amount of, or the amount of the proposed reduction in, the Facility Limit.

  • The Revolving Credit Facility will terminate at the expiration of the Revolving Credit Facility Initial Term if the Lender, in its sole discretion, delivers to the Borrower a Revolving Credit Facility Termination Notice at least twelve (12) months prior to the end of the Revolving Credit Facility Initial Term.

  • Notwithstanding Section 10.9 above, within ten (10) days of Landlord’s receipt of Tenant’s Facility Termination Notice, Landlord may notify Tenant that Landlord intends promptly to repair or rebuild the applicable Facility Property even though Mortgagee has not made the insurance proceeds available for rebuilding.

  • During the first Revolving Credit Facility Renewal Term, if the Lender, in its sole discretion, delivers to the Borrower a Revolving Credit Facility Termination Notice on or before October 31, 2013, the Revolving Credit Facility will terminate at the expiration of the first Revolving Credit Facility Renewal Term.

  • After October 31, 2013 and during the first or any subsequent Revolving Credit Facility Renewal Term, Lender has the right, in its sole discretion, to terminate the Revolving Credit Facility by providing a Revolving Credit Facility Termination Notice at least twelve (12) months prior to the date of termination.

  • The Facility Termination shall occur fifteen (15) days after the delivery of the Facility Termination Notice to the other party to this Agreement, or if such day is not a Business Day, then the next Business Day (“Facility Termination Date”).

  • The Revolving Credit Facility will terminate at the expiration of the Revolving Credit Facility Initial Term if the Lender, in its sole discretion, delivers to the Borrower a Revolving Credit Facility Termination Notice on or before October 12, 2012.

  • If the Lender does not deliver a Revolving Credit Facility Termination Notice at least twelve (12) months prior to the end of the Revolving Credit Facility Initial Term, the term of Revolving Credit Facility will continue for successive Revolving Credit Facility Renewal Terms.

  • During any Revolving Credit Facility Renewal Term, Lender has the right, in its sole discretion, to terminate the Revolving Credit Facility by providing a Revolving Credit Facility Termination Notice at least twelve (12) months prior to the date of termination.

  • If the Lender does not deliver a Revolving Credit Facility Termination Notice on or before October 12, 2012, the term of Revolving Credit Facility will continue for successive Revolving Credit Facility Renewal Terms.

Related to Facility Termination Notice

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Special Termination Notice means the Notice of Special Termination substantially in the form of Annex VII to this Agreement.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Servicer Termination Notice Defined in Section 6.15.

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Availability Termination Date means, as to any Borrower, the earlier of (a) the Maturity Date for such Borrower, (b) the reduction of the Borrower Sublimit of such Borrower to zero pursuant to Section 2.8.3 or termination of the obligation to make Loans to, or issue Letters of Credit for the account of, such Borrower pursuant to Section 8.1 and (c) the date of termination in whole of the Aggregate Commitment and the Commitments pursuant to Section 2.8.3 or Section 8.1.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Revolving Facility Termination Date means the earlier of (i) January 29, 2013, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2 and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, May 18, 2009 (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Commitment Termination Event means the earlier of (a) automatically and without notice or further action, the occurrence of any Event of Default described in Section 7.01(i) (Bankruptcy, Insolvency, etc.) with respect to the Borrower and (b) the occurrence and continuation of any other Event of Default under this Agreement pursuant to which either a Commitment Termination Event has been expressly declared or a declaration of the Loan to be due and payable has been given, in each case pursuant to Section 7.03 (Action if other Event of Default).

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Additional Termination Event has the meaning specified in Section 5(b).

  • Commitment Termination Date means the earlier of (a) the Maturity Date and (b) the earlier termination in whole of the Commitments pursuant to Section 2.04 or Article VII.

  • Standstill Termination Date means the earlier of (i) the first anniversary of the Board Rights Termination Date and (ii) the later of (A) the third anniversary of this Agreement or (B) the first anniversary of the date on which both the Purchaser Designated Director has resigned from the Board and the Purchaser has permanently waived and renounced the Purchaser’s Board observation rights and Board designation rights in Section 1 and Section 2 of this Agreement.

  • Liquidity Termination Date means the earlier to occur of (a) July 13, 2009, as such date may be extended from time to time by the Lender’s Liquidity Banks in accordance with the Liquidity Agreement, and (b) the occurrence of an Event of Bankruptcy with respect to the Lender.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Revolver Termination Date means the date that is the four (4) year anniversary of the Restatement Effective Date, unless extended with the consent of each Lender in its sole and absolute discretion.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • Initial Termination Date has the meaning set forth in Section 8.2(a).

  • Agreement Termination Date is defined in Section 7.4.

  • Event Termination Date See Section 2(e) hereof.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Company Termination Event means any of the following:

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.