PayOut Date

Example Definitions of "PayOut Date"
PayOut Date. If the Pay-Out Amount is not paid to Administrative Agent as provided above by 4:00 p.m. (New York City time) on the Pay-Out Date, the Pay-Out Amount shall be recalculated to reflect changes thereto, including additional interest in the amount of $22,294.74 per day for each day after the Pay-Out Date.
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