Incremental Term Loan Commitment Termination Date definition

Incremental Term Loan Commitment Termination Date means, with respect to any Tranche of Incremental Term Loans, the last date by which Incremental Term Loans under such Tranche may be incurred under this Agreement, which date shall be set forth in the respective Incremental Term Loan Commitment Agreement but may be no later than the date which is 12 months prior to the then latest Maturity Date.
Incremental Term Loan Commitment Termination Date means December 16, 2001.
Incremental Term Loan Commitment Termination Date means the earliest of:

Examples of Incremental Term Loan Commitment Termination Date in a sentence

  • SoftWatch owns all copyright and other proprietary rights in the SoftWatch Software, Customizations and all other extensions and derivative works created by SoftWatch pursuant to this Agreement or otherwise (the foregoing, collectively, the "SoftWatch Materials").

  • Any portion of the Incremental Term Loan Commitments not used on the Incremental Term Loan Commitment Termination Date shall be automatically terminated on the Incremental Term Loan Commitment Termination Date.

  • Accrued commitment fees pursuant to this Section 2.14(f) shall be payable in arrears on the last Business Day of March, June, September and December of each year and on the 2023 Incremental Term Loan Commitment Termination Date, commencing on the first such date to occur after the 2023 Incremental Effective Date.

  • Unless previously terminated, (i) the Term Loan Commitments shall terminate at 5:00 p.m., New York City time, on the Effective Date, (ii) the Revolving Commitments shall terminate on the Revolving Maturity Date and (ii) the Incremental Term Loan Commitments shall terminate on the Incremental Term Loan Commitment Termination Date.

  • Borrower agrees to pay to the Administrative Agent for the account of each 2023 Incremental Term Lender a commitment fee, which shall accrue at the rate set forth in the 2023 Incremental Facility Activation Notice on the actual daily unused amount of the 2023 Incremental Term Loan Commitment of such 2023 Incremental Term Lender during the period from and including the 2023 Incremental Effective Date to but excluding the 2023 Incremental Term Loan Commitment Termination Date.


More Definitions of Incremental Term Loan Commitment Termination Date

Incremental Term Loan Commitment Termination Date means, with respect to any Incremental Term Loan Commitment, the earliest of (a) any date agreed by the Borrower, the Lender providing such Incremental Term Loan Commitment and the other Lenders providing related Incremental Term Loan Commitments, (b) the date upon which Incremental Term Loans in an aggregate principal amount equal to the related Incremental Term Loan Commitment Amount shall have been made (immediately after the making of such Incremental Term Loans on such date) and (c) the date on which any Commitment Termination Event occurs.
Incremental Term Loan Commitment Termination Date means May 31, 2002.
Incremental Term Loan Commitment Termination Date means the earlier to occur of (a) two (2) Business Days after the Incremental Term Loan Effective Date, or (b) the date on which the Commitments are terminated pursuant to Section 9.2. The Incremental Term Loan Commitment of the Incremental Term Loan Lender shall terminate on the earlier of the advance of the Incremental Term Loan to the Borrower or the Incremental Term Loan Commitment Termination Date. The Incremental Term Loan Lender shall have all the rights of a Lender and a Term Loan Lender, and the Credit Extensions made by it in respect of such Incremental Term Loan Commitment shall be Term Loans and Loans for all purposes of the Credit Agreement. Pursuant to Section 2.10(d) of the Credit Agreement, the parties agree that the terms of the Incremental Term Loan Commitment and Incremental Term Loan shall be the same as for the Term Loans and Initial Term Loans as set forth in the Credit Agreement other than the Incremental Term Loan Commitment Termination Date, which is defined herein. The maturity of the Incremental Term Loan shall be the Maturity Date, the payments of the Incremental Term Loan shall be made on same basis with all then existing Term Loans, and all other terms and conditions applicable to the Incremental Term Loan shall be consistent with the terms and conditions applicable to the Initial Term Loans. In accordance with Section 2.7(b) of the Credit Agreement, the principal balance of the Outstanding Amount of the Incremental Term Loan and all other Term Loans shall be due and payable in equal monthly installments, each in an amount sufficient to fully amortize all such Term Loans over the remaining term with the final such payment occurring on the Maturity Date based on a mortgage-style amortization and an interest rate equal to the Applicable Rate, commencing on the first Payment Date after the Effective Date and continuing each month thereafter until the Maturity Date.
Incremental Term Loan Commitment Termination Date means the 90th day prior to the Revolving Loan Maturity Date.
Incremental Term Loan Commitment Termination Date contained in Section 1.1 of the Credit Agreement is hereby amended to delete the date “March 31, 2006” and insert the date “May 31, 2006” in lieu thereof
Incremental Term Loan Commitment Termination Date means the date designated as such in the Incremental Term Loan Activation Notice.
Incremental Term Loan Commitment Termination Date means the earliest of (i) December 31, 2008, (ii) the date of termination of Lenders’ obligations to make Loans and to issue Letters of Credit or permit existing Loans to remain outstanding under this Agreement, and (iii) the date of indefeasible prepayment in full by Borrower of all Obligations and the cancellation and return (or stand-by guarantee) of all Letters of Credit or the cash collateralization of all Letter of Credit Obligations, and the permanent reduction of all Commitments to zero dollars ($0).