Loan Termination Date definition

Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

Loan Termination Date means the earliest to occur of the following: (a) November 5, 2012, (b) the date the Obligations are accelerated pursuant to this Agreement or the Revolving Note and (c) the date the Bank has received (i) notice in writing from the Borrower of the Borrower’s election to terminate this Agreement or the Revolving Note or (ii) indefeasible payment in full of the Obligations.”

Loan Termination Date means each day on which a deposit is made into the Collateral Account in respect of Terminated Loans.

Examples of Loan Termination Date in a sentence

• Subject to the terms and conditions set forth in this Agreement, including without limitation, Section 2.16, each Revolving Lender severally and not jointly agrees to make Revolving Loans to the Borrower during the period from and including the Effective Date to but excluding the Revolving Loan Termination Date, in an aggregate principal amount at any one time outstanding up to, but not exceeding, such Lender’s Revolving Commitment.

• The Borrower shall repay the entire outstanding principal amount of, and all accrued but unpaid interest on, the Revolving Loans on the Revolving Loan Termination Date.

• Extended Loan Termination Date: The date as notified by the Lender to theBorrower at any time on or after the Issue Date and on or prior to the Second Business Day prior to the Scheduled Loan Termination Date, provided that (i) such date shall be any of 9 March, 9 June, 9 September and 9 December and(ii) such date shall be not later than 9 June 2016.

• Notwithstanding the foregoing, (1) such Installments shall be reduced in connection with any mandatory or voluntary prepayments of the Class B Term Loans in accordance with Sections 2.12 and 2.13, as applicable and (2) the Term Loans, together with all other amounts owed hereunder with respect thereto, shall, in any event, be paid in full no later than the applicable Term Loan Termination Date.

• If the Revolving Loan Termination Date is being extended in accordance with Section 2.14, the Borrower shall pay to the Administrative Agent for the account of each Revolving Lender a fee in an amount to be determined by the Borrower and the Administrative Agent.

More Definitions of Loan Termination Date

Loan Termination Date means the date on which all Obligations, other than contingent liabilities and obligations which are unasserted at such date, have been paid and satisfied in full and all Commitments have been terminated.

Loan Termination Date means the earlier of (i) the occurrence of an Event of Default which is not waived by the Agent in accordance with the terms of this Agreement, or (ii) May 31, 2003 (or such later date as may be agreed to by the Banks pursuant to Section 2.9 of this Agreement).

Loan Termination Date shall have the meaning set forth in SECTION 6.3.

Loan Termination Date means the earlier to occur of: (a) the date on which the Commitment is permanently reduced to zero pursuant to Section 2.06; and (b) the date that is five (5) days after the Closing Date.

Loan Termination Date means, (i) with respect to the Revolving Loan, the earlier of (A) April 15, 2005 or (B) the date to which the maturity of the Revolving Note may be accelerated pursuant to Section 9.2 of the Agreement; and (ii) with respect to any Term Loan, the earlier of (A) the maturity date of the applicable Term Note or (B) the date to which the maturity of the applicable Term Note may be accelerated pursuant to Section 9.2 of the Agreement."

Loan Termination Date means July 1, 2002; provided, however, that the Loan Termination Date shall be extended to October 31, 2002, if, by July 1, 2002, the Borrower has executed an engagement letter, in form and content satisfactory to Bank in its sole discretion, with respect to a transaction (whether an initial public offering or private placement of securities, subordinated debt offering or bank credit facility) that will result in proceeds sufficient to refinance the Loan and all other indebtedness of Borrower and its Affiliates owed to Bank.

Loan Termination Date means the earlier of (a) June 30, 2004, or in the event that the Banks and Borrower shall hereafter mutually agree in writing that the Loan and the Banks' commitments hereunder shall be extended to another date, and the Notes shall be modified or amended to reflect such extension, such other date mutually agreed upon between the Agent, the Banks and Borrower to which the Banks' commitments shall have been extended, or (b) the date as of which Borrower shall have terminated the Banks' commitment under the provisions of Section 2.5 hereof.