Scheduled Commitment Expiration Date definition
Examples of Scheduled Commitment Expiration Date in a sentence
Any such renewal shall become effective only upon written confirmation to the Issuer by each Deal Agent on behalf of the consenting Purchaser of its agreement to so renew, upon receipt by each Deal Agent of any fees required to be paid in connection with such renewal, and receipt by the Issuer and such Deal Agent of the written consent of the Series Enhancer for Series 2009-1, if any, to such extension of the Scheduled Commitment Expiration Date.
Subject to the terms and conditions of this Agreement, Bank agrees to make Advances to and issue letters of credit for Borrower from time to time on or before the Scheduled Commitment Expiration Date specified in SECTION 1, provided that the aggregate amount of Advances outstanding at any one time, together with the face amount of letters of credit shall not exceed the Commitment Amount.
Any such renewal shall become effective only upon written confirmation to the Issuer by each Deal Agent on behalf of the consenting Purchaser of its agreement to so renew, upon receipt by each Deal Agent of any fees required to be paid in connection with such renewal, and receipt by the Issuer and such Deal Agent of the written consent of the Series Enhancer for Series 2011-1, if any, to such extension of the Scheduled Commitment Expiration Date.