Examples of Cessation Date in a sentence
For the avoidance of doubt, any outstanding Bankers’ Acceptance shall remain in effect following the CDOR Cessation Date until such Bankers’ Acceptance’s stated maturity.
The Administrative Agent shall have the option to, effective as of the date set out in the BA Cessation Notice, which shall be a date on or after the CDOR Cessation Date (the “BA Cessation Effective Date”), terminate the obligation of the Lenders to make or maintain Bankers’ Acceptances, provided that the Administrative Agent shall give notice to the Borrowers and the Lenders at least thirty (30) Banking Days prior to the BA Cessation Effective Date (“BA Cessation Notice”).
For the avoidance of doubt, any outstanding Bankers’ Acceptance or BA Equivalent Loan shall remain in effect following the CDOR Cessation Date until such Bankers’ Acceptance’s or BA Equivalent Loan’s stated maturity.