Commitments Termination Date definition
Examples of Commitments Termination Date in a sentence
After the Request Withdrawal Time, the Borrower shall be permitted to submit another Drawing Request upon ascertaining the revised delivery schedule for the Purchased Vessel, and the Borrower shall be permitted to repeat the process described in this Clause 2.6 (Delayed Delivery) as necessary (provided that, for the avoidance of doubt, in no event shall the disbursement of the Loan be made after the Commitments Termination Date).
The Commitments in respect of the Deferred Tranche shall automatically terminate on the date referred to in sub-paragraph (b) of the Commitments Termination Date.
Notwithstanding anything to the contrary herein, all Available Commitments shall be automatically cancelled and terminated on the Commitments Termination Date.
The Commitments in respect of the Second Deferred Tranche shall automatically terminate on the date referred to in sub-paragraph (c) of the Commitments Termination Date.
Upon the terms and subject to the conditions of this Agreement, the Facility shall be available for drawing by the Borrower on any Business Day on or prior to the Commitments Termination Date.
The Commitments in respect of the First Deferred Tranche shall automatically terminate on the date referred to in sub-paragraph (b) of the Commitments Termination Date.
In the event that the Acquisition Funding Date shall not have occurred on or prior to the Acquisition Commitments Termination Date, each Lender’s Term A-3 Acquisition Commitments and Term A-5 Acquisition Commitments shall automatically terminate at 11:59:59 p.m. on the Acquisition Commitments Termination Date.
Mandatory Termination of Commitments; Termination Date and Maturity...........................................................................28 Section 2.10.
In the event that the Funding Date shall not have occurred on or prior to the Commitments Termination Date, each Lender’s Term A-2 Commitments, Term A-3 Commitments and Term A-5 Commitments shall automatically terminate at 11:59:59 p.m. on the Commitments Termination Date.
For the avoidance of doubt, on the Incremental Commitments Termination Date, the Incremental Commitments shall be permanently reduced to $0.