First Reduction Date definition

First Reduction Date means the date falling sixty six (66) calendar months after the Execution Date.
First Reduction Date means March 29, 2019.
First Reduction Date means the date falling eighteen (18) months after the Execution Date.

Examples of First Reduction Date in a sentence

  • On the First Reduction Date and on each of the Subsequent Reduction Dates the amount of the Facility available for drawing shall be reduced in accordance with the reduction schedule set out in Schedule 3.

  • On the First Reduction Date and on each of the Subsequent Reduction Dates the amount of the Facility available for drawing shall be reduced by two million five hundred thousand Dollars ($2,500,000), which shall leave the Final Balloon Payment as being payable on the Termination Date.

  • Effective as of the First Reduction Date, the Commitment Amount of U.S. Bank is hereby reduced from $135,000,000 to $80,000,000.

  • On the First Reduction Date and on each of the Subsequent Reduction Dates the amount of the Facility available for drawing shall be reduced by five million two hundred thousand Dollars ($5,200,000), which shall leave the Final Balloon Payment as being payable on the Termination Date.

  • On the First Reduction Date and on each of the fifteen Subsequent Reduction Dates the amount of the Facility available for drawing shall be reduced in accordance with the schedule of reductions set forth in Schedule 8.


More Definitions of First Reduction Date

First Reduction Date means, the earlier to occur of:
First Reduction Date means the earlier to occur of (i) six months after the first Advance Date to occur after 30 September 2006 and (ii) 30 April 2007.
First Reduction Date means 15 April 2006.
First Reduction Date means the date falling six (6) calendar months after the Execution Date. \P1\3522333.10
First Reduction Date means 31 January 2008; “Flag State” means:
First Reduction Date means the date falling six (6) months after the Execution Date.
First Reduction Date means the last day of the first full fiscal quarter following the Closing Date.