Commitments Termination Date definition

Commitments Termination Date means the earliest of:
Commitments Termination Date means the earliest of (A) 11:59:59 p.m. on the date that is five (5) business days after the later of (x) the Outside Date (as defined in the Merger Agreement as in effect on the Acquisition Signing Date) and (y) in the event the Borrower shall have made the election contemplated by and in accordance with Section 2.2 of the Merger Agreement (as in effect on the Acquisition Signing Date), the date by which the Acquisition is required to occur pursuant to Section 2.2 of the Merger Agreement (as in effect on the Acquisition Signing Date) after giving effect to such election, (B) the date of consummation of the Acquisition without the funding of any Loans, (C) the date of the termination of the Merger Agreement by the Borrower in a signed writing in accordance with its terms and (D) the termination of the Commitments in full pursuant to Section 2.06.

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.

Related to Commitments Termination Date

  • Commitment Termination Date means the earliest of

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Scheduled Commitment Termination Date means, unless otherwise extended pursuant to and in accordance with Section 2.14, the Payment Date occurring in May 2024.

  • Revolving Commitment Termination Date means the earliest to occur of (i) the fifth anniversary of the Closing Date, (ii) the date the Revolving Commitments are permanently reduced to zero pursuant to Section 2.13(b) or 2.14, and (iii) the date of the termination of the Revolving Commitments pursuant to Section 8.1.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).