Mandatory Prepayment Date definition

Mandatory Prepayment Date as defined in Section 2.12(e).

Mandatory Prepayment Date shall have the meaning set forth in Section 5.2(e).

Mandatory Prepayment Date has the meaning set forth in Section 2.7(b)(ii).

Examples of Mandatory Prepayment Date in a sentence

• In the event that one or more of the Amortization Requirements is not satisfied on the Mandatory Prepayment Date, the principal amount of the Loan will bear interest at the Default Rate and will be due and payable in full on the one hundred eightieth (180th) day immediately following the Mandatory Prepayment Date.

• In the event that the City terminates this Agreement prior to the Mandatory Prepayment Date, the principal amount of the Loan, together with all interest accrued thereon to the date of termination and all other unpaid Obligations hereunder and under the Note, will become due and payable on the date of termination and the provisions of this Section 2.03 regarding the Amortization Period will not be available in connection with the Loan.

• For purposes of this paragraph, the Mandatory Prepayment Date shall be the next succeeding Payment Date; provided, however, if such Payment Date occurs within forty (40) days of receipt by the Trustee of the moneys to be used for such redemption, the Mandatory Prepayment Date shall be the second succeeding Payment Date.

• In no event shall the Mandatory Prepayment Date be extended beyond the Maturity Date.

• In the event the City has not prepaid the Loan in full by the Mandatory Prepayment Date, the City shall use its best effort to refinance and prepay the unpaid principal amount of the Loan in full within one hundred eighty (180) days following the Mandatory Prepayment Date, which best efforts shall include, without limitation, issuing and selling debt of the City secured by Excise Taxes, entering into a loan agreement with another Person.

More Definitions of Mandatory Prepayment Date

Mandatory Prepayment Date has the meaning set forth in Section 3.1.2(c).

Mandatory Prepayment Date as defined in Section 5.5.

Mandatory Prepayment Date as defined in Section 4.2(h).

Mandatory Prepayment Date has the meaning assigned to such term in Section 2.03(i).

Mandatory Prepayment Date means, with respect to the Tax-Exempt Borrower Note, [ , 20 ], unless such date shall be extended to [ , 20 ], in accordance with the terms of the Tax-Exempt Borrower Note.

Mandatory Prepayment Date means the date on which Borrower receives a refund of Auction Funds (less any amounts retained by the FCC) because (a) Borrower is not the Winning Bidder for any Licenses or (b) Borrower is the Winning Bidder for a License or Licenses and the FCC does not grant at least one such License to Borrower.

Mandatory Prepayment Date means the Business Day specified by the Holder, in compliance with the provision hereof, as the date on which all or a portion of the indebtedness evidenced by this Note must be prepaid pursuant to the Holder's right to compel such prepayment.