Termination Declaration Date Definition

Termination Declaration Date definition

Termination Declaration DateМэmeans the earlier to occur of (i) the date on which the Term Lender Agent declares all Obligations to be due and payable on account of an Event of Default and (ii) the Maturity Date.

Termination Declaration DateМэxxxxx the earliest to occur of (i) the date on which the LC Agent declares all Obligations to be due and payable on account of an Event of Default, (ii) the date on which the LC Agent declares a termination, reduction or restriction of any further commitment to extend credit to the Borrowers on account of an Event of Default, and (iii) the Maturity Date.

Termination Declaration DateМэhas the meaning set forth in Section 8.02(a).

Examples of Termination Declaration Date in a sentence

Any payment or reimbursement made on or after the occurrence of the Termination Declaration Date in respect of any Allowed Professional Fees shall permanently reduce the Carve Out on a dollar-for-dollar basis.
Any payment or reimbursement made prior to the occurrence of the Termination Declaration Date in respect of any Allowed Professional Fees shall not reduce the Carve Out.
Any payment or reimbursement made on or after the occurrence of the Termination Declaration Date in respect of any Allowed Professional Fees shall permanently reduce the Carve Out on a dollar- for-dollar basis.
Any payment or reimbursement made on or after the occurrence of the Termination Declaration Date in respect of any Allowed Professional Fees shall permanently reduce the Carve Out on a dollar-for dollar basis.
Any payment or reimbursement made on or after the occurrence of the Termination Declaration Date in respect of any Allowed Professional Fees shall permanently reduce the Carve-Out on a dollar-for-dollar basis.
On the Termination Declaration Date, after funding the Pre-Carve Out Trigger Notice Reserve, the Debtors shall utilize all remaining cash on hand as of such date and any available cash thereafter held by any Debtor to fund a reserve in an amount equal to the Post-Carve Out Trigger Notice Cap (the вЂњPost-Carve Out Trigger Notice ReserveвЂ� and, together with the Pre-Carve Out Trigger Notice Reserve, the вЂњCarve Out ReservesвЂ�) prior to any and all other claims.
Any payment or reimbursement made prior to the occurrence of the Termination Declaration Date in respect of any Allowed Professional Fees shall not reduce the Carve-Out.
Termination Declaration Date in respect of any Allowed Professional Fees shall not reduce the Carve Out.
The DIP Obligations shall be due and payable, without notice or demand, on the Termination Declaration Date.
For the avoidance of doubt, Senior Lender shall have no obligation to make the Senior DIP Loan (x) on or following the Termination Declaration Date, (y) if an Event of Default (as defined in Paragraph 12) has occurred and is continuing, and/or (z) if a new вЂњEvent of DefaultвЂ� (as defined in the Senior Loan Documents) has occurred after the Petition Date.

More Definitions of Termination Declaration Date

Termination Declaration DateМэmeans the date that the Agent provides a Termination Declaration to the Debtors.

Termination Declaration DateМэhas the meaning assigned to such term in the last paragraph of Article VII.

Termination Declaration DateМэmeans the earliest to occur of (a) the date on which the Agent declares all Obligations to be due and payable on account of the occurrence of an Event of Default, (b) the date on which the Agent declares a termination of the Commitments on account of the occurrence of an Event of Default, and (c) the Termination Date.

Termination Declaration DateМэhas the meaning assigned in Section 2.3(3).

Related to Termination Declaration Date

Escrow Termination Date has the meaning specified in Section 5.10(a).
Accretion Termination Date As defined in the Series Supplement.
Initial Termination Date has the meaning set forth in Section 9.1(b)(i).
Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.
Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

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