Full Satisfaction definition

Full Satisfaction means, as of any date, that on or before such date:
Full Satisfaction means, as of any date, that on or before such date with respect to the Loan Documents: (a) the principal of and interest accrued to such date on the Loans shall have been paid in full in cash, (b) all fees, expenses, and other amounts then due and payable (other than contingent amounts for which a claim has not been made) under any Loan Document shall have been paid in full in cash, and (c) the Commitments shall have expired or irrevocably been terminated.
Full Satisfaction means that (i) all Commitments hereunder have been terminated, (ii) all Loans and other outstanding Obligations hereunder shall have been repaid in full in cash (other than Obligations under any Swap Contract or Treasury Management Agreement to the extent that each Swap Bank and each Treasury Management Agreement Bank shall have agreed in writing to alternative arrangements satisfactory to such Swap Bank or Treasury Management Bank, as applicable, in their sole discretion), and (iii) no Letters of Credit shall remain outstanding (unless all L/C Obligations arising from all outstanding Letters of Credit have been Cash Collateralized in accordance with Section 2.14).

Examples of Full Satisfaction in a sentence

  • Full Satisfaction - The payment or receipt by the Contracting Party of the net amount of an Invoice for Physically Settled Futures Transactions in accordance with this Agreement to or from Exchange will constitute full satisfaction of the payment or receipt of any Purchase Amount, payable to or receivable by the Contracting Party and Exchange in respect of the Physically Settled Gas Futures Transactions.

  • Full Satisfaction - The payment or receipt by the Contracting Party of the net amount of an invoice for Physically Settled Power Futures Transactions in accordance with this Agreement to or from Exchange will constitute full satisfaction of the payment or receipt of any Purchase Amount, payable to or receivable by the Contracting Party and Exchange in respect of the Physically Settled Power Futures Transactions.

  • Within thirty (30) calendar days after ACI makes the final payment under the payment schedule, and upon ACI’s request, the Government shall file with the Clerk of the Court and deliver to ACI a Full Satisfaction of Judgment.

  • In the event that ACI fully pays the Settlement Amount faster than as provided in the payment schedule, the ACI Consent Judgment shall be deemed to be satisfied in full and, upon ACI’s request, the Government shall file with the Clerk of the Court and deliver to ACI a Full Satisfaction of Judgment.

  • In the event that Defendant fully pays the Settlement Amount faster than as provided in the payment schedule set forth in Paragraph 3 above, and fully complies with all other terms of the Stipulation, the Consent Judgment shall be deemed to be satisfied in full and, upon Defendant’s request, the Government shall file with the Clerk of the Court and deliver to Defendant a Full Satisfaction of Judgment.


More Definitions of Full Satisfaction

Full Satisfaction means, as of any date, with respect to the Payment Obligations, that, on or before such date, (a) the principal of and interest accrued to the date on such Payment Obligations shall have been paid in full in cash, (b) all fees, expenses and other amounts then due and payable which constituted Payment Obligations shall have been paid in full in cash, and (c) the Term Loan Commitments shall have expired or irrevocably been terminated; provided, however, that, on such date, none of the applicable Agents or Lenders shall have made any claims in respect of such Payment Obligations against the Company or any Guarantor under any provision of any of the Loan Documents that has not been cash collateralized by an amount sufficient in the reasonable judgment of such Agent and such Lender to secure such claim.
Full Satisfaction means when the following conditions precedent have been satisfied, in full, as determined by the Holder (in its absolute and sole discretion): (i) the expiration of the Option Period; (ii) no event of default under the Transaction Document (including, without limitation, any Event of Default hereunder) is in existence; (iii) the Obligations (including the Obligations of performance) and all the other actual or contingent Obligations of the Grantor under the Transaction Document have been fully and timely performed and observed by the Grantor to the satisfaction of the Holder; (iv) the Obligations (including the Obligations of payment) and all other monies and Liabilities owing by the Grantor to any Group Parties under the Transaction Document have been fully and timely paid to the satisfaction of the Holder; (v) there are no rights, both present and future, of any Group Party, any Group Account or any other Person which have arisen as a result of the exercise by the Holder of any of its rights and powers under the Transaction Document; and (vi) there are no claims by and/or disputes involving any Group Party in any manner under the Transaction Document.
Full Satisfaction means, as of any date, with respect to the Payment Obligations, that, on or before such date, (a) the principal of and interest accrued to the date on such Payment Obligations (other than the Undrawn L/C Obligations) shall have been paid in full in cash, (b) all fees, expenses and other amounts then due and payable which constituted Payment Obligations (other than the Undrawn L/C Obligations) shall have been paid in full in cash, (c) the Aggregate Commitment shall have expired or irrevocably been terminated and (d) the Undrawn L/C Obligations shall have been Fully Secured; provided, however, that, on such date, none of the applicable Agents or Lenders shall have made any claims in respect of such Payment Obligations against any Borrower or any Guarantor under any provision of any of the Loan Documents that has not been cash collateralized by an amount sufficient in the reasonable judgment of such Agent and such Lender to secure such claim.
Full Satisfaction means, as of any date, with respect to the Obligations, that, on or before such date, (a) the principal of and interest accrued to the date on such Obligations (other than the Undrawn L/C Obligations) shall have been paid in full in cash, (b) all fees, expenses and other amounts then due and payable which constituted Obligations (other than the Undrawn L/C Obligations) shall have been paid in full in cash, (c) the Commitment shall have expired or irrevocably been terminated and (d) the Undrawn L/C Obligations shall have been Cash Collateralized.
Full Satisfaction means when the following conditions precedent have been satisfied, in full, as determined by the Holder (in its absolute and sole discretion): (i) the expiration of the Option Period; (ii) no event of default under the Transaction Document (including, without limitation, any Event of Default
Full Satisfaction means, as of any date, that on or before such date, (i) the principal of and interest accrued to such date on the Loan Obligations shall have been paid in full in cash, (ii) all fees, expenses and other amounts which constitute Loan Obligations shall have been paid in full in cash; (iii) the Commitments shall have expired or irrevocably been terminated; and (iv) the contingent LC Exposure shall have been secured by: (A) the grant of a first priority, perfected Lien on cash or cash equivalents in an amount at least equal to 100% of the amount of such LC Exposure or other collateral which is acceptable to the applicable Issuing Bank, in its sole discretion or (B) the issuance of a “back-to-back” letter of credit in form and substance acceptable to the applicable Issuing Bank with an original face amount at least equal to 100% of the amount of such LC Exposure and issued by an issuing bank satisfactory to the applicable Issuing Bank in its sole discretion.
Full Satisfaction means, with respect to: