Structuring Date definition
Examples of Structuring Date in a sentence
Voluntary prepayments of Tranche B1 will be permitted in whole or in part on terms customary in transaction of this nature, subject to a 1.00% prepayment premium during the first 18 months from the Merger Closing Date (or the Structuring Date, whichever is later).
Voluntary prepayments of Tranche B will be permitted in whole or in part on terms customary in transactions of this nature, subject to a 1.00% prepayment premium during the first 18 months from the Merger Closing Date (or the Structuring Date, whichever is later).
Tranche B Lenders have the option to decline prepayment during the first 18 months from the Merger Closing Date (or the Structuring Date, whichever is later) in which case those proceeds shall prepay the Lenders under Tranches A and A1 and any non-declining Lenders under Tranche B or Tranche B1 (pro rata).
Any amount of Tranche B not drawn down on the Structuring Date shall automatically be cancelled on that date.