Term Closing Date definition

Term Closing Date shall have the meaning given to such term in Section 2.4.
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Term Closing Date. (used herein as “Closing Date” is defined in the Term Agreement), the Guarantors party thereto; (ii) the U.S. Security Agreement (the “U.S. Term Security Agreement”), to be dated on or around the Term Closing Date, by and among the Borrower, the Guarantors party thereto and the Term Agent; (iii) the Canadian Security Agreement (the “Canadian Term Security Agreement” and together with the U.S. Term Security Agreement, the “Term Security Agreements”), to be dated on or around the Term Closing Date, by and among Norcraft Canada Corporation and the Term Agent; (iv) the Credit Agreement (the “ABL Agreement” and, together with the Term Agreement, the “Credit Agreements”), dated as of the date hereof, by and among the Borrower, the Guarantors party thereto, the Lenders party thereto and Royal Bank of Canada, as Swingline Lender, Issuing Bank, Administrative Agent and Collateral Agent (in its capacities as Administrative Agent and Collateral Agent, the “ABL Agent” and, together with the Term Agent, the “Agents”); (v) the U.S. Security Agreement (the “U.S. ABL Security Agreement”), dated as of the date hereof, by and among the Borrower, the Guarantors party thereto and the ABL Agent; and (vi) the Canadian Security Agreement (the “Canadian ABL Security Agreement” and together with the U.S. ABL Security Agreement, the “ABL Security Agreements”), dated as of the date hereof, by and among Norcraft Canada Corporation and the ABL Agent.
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Term Closing Date means the date upon which: (i) each condition precedent required under Article IIIA of this Term Loan Agreement has been satisfied or waived and (ii) the Term Deed of Trust and the Subordination Agreement have been filed and/or recorded in accordance with and in the manner required by the Closing Instructions. "Term Deed of Trust" shall mean the Deed of Trust with Assignment of Rents to be executed by Borrower on or before the Term Closing Date in favor of Term Lender, encumbering the Caramella Property, as such deed of trust may be amended, modified, extended, renewed or restated from time to time.
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Examples of Term Closing Date in a sentence

  • Such notice shall be irrevocable if not revoked within five (5) days after delivery and shall in each case refer to this Agreement and specify a date (the "Term Closing Date") on which the Purchase shall occur.

  • Each Purchase shall be deemed to constitute a representation and warranty by the Company on the Closing Date or applicable Term Closing Date relating to such Purchase as to the matters specified in paragraphs (b), (c) and (d) of this Section 4.2.

  • Such termination statements are duly authorized to be filed upon the occurrence of the Term Closing Date.

  • The Borrowers agree that the representations and warranties set forth in this SECTION 5.7 will survive the Second Term Loan Closing Date and that if such representations and warranties are false or misleading in any material respect on the Second Term Closing Date, an Event of Default will have occurred under Section 9.1(c) of the Credit Agreement.

  • As security for the due and punctual payment and performance of the terms and provisions of this Term Loan Agreement and the Term Note, the Term Deed of Trust shall be executed and delivered to Term Lender as of the Term Closing Date, by the Borrower.

  • The representations and warranties of each of Licensor and Licensee set forth below shall be true and correct in all respects as of the date of this Agreement and as of the Extended Term Closing Date as if made on and as of such dates (except to the extent any such representation or warranty is made as of a specified date, which such representation or warranty shall be true and correct in all respects as of such specified date).

  • As of the Term Closing Date, the Caramella Deed of Trust shall be fully released, terminated and reconveyed.

  • The representations and warranties of the Borrower contained in Section 16 shall be true and correct on and as of the B Term Closing Date.

  • All fees required to be paid to the Administrative Agent, the Joint Lead Arrangers and the Incremental Term Lenders on or before the Incremental Term Closing Date shall have been paid.

  • The Borrower hereby irrevocably consents under Section 11.6(c) of the Agreement to any assignments of the B Term Loans made by the Syndication Agent or the Administrative Agent until the earlier of (x) such time as the Syndication Agent notifies the Borrower that the syndication of the B Term Loans has been completed and (y) the 30th day following the B Term Closing Date.


More Definitions of Term Closing Date

Term Closing Date means the Closing Date (as defined in the Term Loan Credit Agreement).
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Related to Term Closing Date

  • Additional Closing Date has the meaning set forth in Section 3 hereof.

  • Second Closing Date means the date of the Second Closing.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Original Closing Date shall have the meaning set forth in the Recitals.