Commitment Commencement Date definition

Commitment Commencement Date has the meaning given it in the Credit Facility Schedule.
View Source
Commitment Commencement Date is to be the same as the Commencement Date above Commitment Ending Date: is to be sixty (60) months following the Commitment Commencement Date above
View Source
Commitment Commencement Date. The Commencement Date as defined above. Commitment Ending Date: Thirty-six (36) months following the Commitment Commencement Date.
View Source

Examples of Commitment Commencement Date in a sentence

  • Credit Extensions in respect of a Credit Facility may be requested by Borrower to be made by the applicable Lenders on any Business Day during the Draw Period for such Credit Facility, but no Credit Extensions in respect of a Credit Facility shall be made before the applicable Commitment Commencement Date or after the applicable Commitment Termination Date.

  • If the conditions set out in this clause 2.3 have been met, the establishment of Facility C is effected on the Facility C Commitment Commencement Date.

  • Subject to the terms and conditions set forth herein, the Lender agrees to make Loans to the Borrower from time to time on any Business Day during the period from the Commitment Commencement Date until the Commitment Termination Date, in an aggregate principal amount at any one time outstanding up to but not exceeding the then effective Commitment.

  • For any Credit Extension requested under a Credit Facility (other than Credit Extensions on the Closing Date), Agent must receive the completed Credit Extension Form by 12:00 noon (New York time) [***] prior to the date the Credit Extension is to be funded (but, for the avoidance of doubt, such notice may not be sent prior to the applicable Commitment Commencement Date for such Credit Facility).

  • Therefore, the first annual period for the purpose of calculating the Annual Commitment (and the first quarter for the purpose of calculating the Quarterly Commitment) shall commence on the Commitment Commencement Date.

  • Customer shall be entitled to a credit against the first Quarterly Commitment and Annual Commitment in an amount equal to all revenues (not including Taxes) paid by it in the period from the Global Closing Date to the Commitment Commencement Date.

  • In addition, Customer shall be entitled to a credit against the Annual Commitment in an amount equal to IP transport services used by the TelCove Parties under the IP Transport Agreement (at a rate equal to $100 for each one Megabit per second (1Mbps) per month) during the period between the Global Closing Date and the Commitment Commencement Date.

  • Unless otherwise expressly provided herein, each reference in this Agreement to a year or an annual period shall be deemed to be a reference to the twelve (12) month period commencing with the Commitment Commencement Date, or an anniversary thereof, and ending on the next succeeding anniversary of the Commitment Commencement Date, and each reference to a quarter shall be deemed to be a reference to any of the four consecutive three month periods in any such annual period.

  • In addition, the ACC Parties shall be entitled to a credit against such Annual Commitment in an amount equal to IP transport services used by the TelCove Parties under this Agreement (at a rate equal to $100 for each one Megabit per second (1Mbps) per month) during the period between the Global Closing Date and the Commitment Commencement Date.

  • The Swing Line Lender agrees, on the terms and conditions hereinafter set forth, to make advances (each a “Swing Line Advance”) to the Borrower from time to time on any Business Day during the period from the Swing Line Commitment Commencement Date until the Commitment Termination Date in an amount not to exceed the Swing Line Lender’s Unused Swing Line Commitment on such Business Day.


More Definitions of Commitment Commencement Date

Commitment Commencement Date means the first date on or by which all of the following events shall have occurred: (a) the execution of this Agreement; (b) the closing of the First Tranche; and (c) the conditions precedent set forth in Section 4.01 shall have been met. "COMMITMENT INCREASE DATE" means the first date on which both of the following conditions shall have been satisfied: (i) the closing of the Second Tranche shall have occurred, and (ii) the Borrower shall have delivered to the Lender amended Schedules to this Agreement (to be effective from their date of delivery) which are in form and substance acceptable to the Lender in its sole and absolute discretion.
View Source
Commitment Commencement Date is to be three (3) months following the Commencement Date above Commitment Ending Date: is to be thirty-six (36) months following the Commitment Commencement Date above
View Source
Commitment Commencement Date is to be nine (9) months following the Commencement Date above Commitment Ending Date: is to be thirty-six (36) months following the Commitment Commencement Date above Terms and conditions contained herein will be offered for fifteen (15) days from May 28, 1997 Mail to: Sales Contract Admin., WorldCom, Inc., ▇▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇
View Source
Commitment Commencement Date. Satisfaction of the Applicable Funding Conditions for this Credit Facility. Commitment Termination Date: the earliest to occur of (a) December 31, 2015, (b) an Event of Default, or (c) the existence of any Default in respect of which Agent has delivered to Borrower a notice terminating the Applicable Commitments. Minimum Credit Extension Amount: $10,000,000 Permitted Purpose: means acquisition financing for a Permitted Acquisition. Commencing on the first day of the full calendar month following the first anniversary of the Closing Date (the “Amortization Start Date”), and continuing on the first day of each calendar month thereafter, an amount equal to the principal amount advanced under Credit Facility #1 divided by the number of full calendar months remaining (including such first full calendar month) before the occurrence of the Maturity Date; provided, however, if consolidated net revenue of the Parent as of the Amortization Start Date is equal to or greater than [figure redacted in accordance with Section 12.2(3) of National Instrument 51-102] for the twelve (12) month period immediately prior to the Amortization Start Date, the principal payments shall commence on the first day of the full calendar month following the eighteen month anniversary of the Closing Date (the “Extended Amortization Start Date”) and shall be in an amount equal to the principal amount advanced under Credit Facility #1 divided by the number of full calendar months remaining (including such first full calendar month) before the occurrence of the Maturity Date. Commencing on the Amortization Start Date or the Extended Amortization Start Date, as the case may be, the principal amount advanced under Credit Facility #2 divided by the number of full calendar months remaining (including such first full calendar month) before the occurrence of the Maturity Date.
View Source
Commitment Commencement Date means January 8, 2008.
View Source
Commitment Commencement Date is the same as the Commencement Date above.
View Source

Related to Commitment Commencement Date

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Offering Commencement Date means the first day of each Offering Period.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);