Common use of Amortization Date Clause in Contracts

Amortization Date. The earliest to occur of (a) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (b) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to a Seller Party, (c) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (d) the date which is ten (10) Business Days after the Administrator’s receipt of written notice from the Seller that it wishes to terminate the facility evidenced by this Agreement.