Facility Maturity. The Term Loan Facility will mature on May 31, 2006 (as may be extended from time to time in the sole and absolute discretion of Lenders, "Term Loan Maturity Date").
Facility Maturity. The Line of Credit Facility will mature on October 1, 2001 (as may be extended from time to time in Lender's sole discretion, "Line of Credit Maturity Date").
Facility Maturity. The Term Loan Facility will mature on October 1, 2001 (as may be extended from time to time in Lenders' sole and absolute discretion, "Term Loan Maturity Date").
Facility Maturity. The Term Loan Facility will mature on February 28, 2001 (as may be extended from time to time in Lenders' sole and absolute discretion, "Term Loan Maturity Date"). Notwithstanding the foregoing, Borrowers (at their election) shall have the option (upon delivery of written notice to Administrative Agent at any time prior to the then effective Term Loan Maturity Date) of (a) extending such Term Loan Maturity Date for additional successive periods of 364 calendar days from the date of such notice but in no event beyond February 28, 2005 and/or (b) extending the then effective Term Loan Maturity Date until February 28, 2005 upon delivery to Administrative Agent of evidence satisfactory to Administrative Agent that Borrowers have obtained all necessary final regulatory approvals for the incurrence of indebtedness having a term with such a maturity date.
Facility Maturity. The Loan Facility will mature on January 31, 2012 (as may be extended from time to time in Lenders’ sole and absolute discretion, “Loan Maturity Date”), provided, however, that the Loan Facility shall be converted to a demand loan, in the sole discretion of the Lenders, in the event that the Borrowers complete a third party financing which results in gross proceeds to the Borrowers of at least $500,000. The failure by Borrowers to repay any portion of the Loan Facility on or before the Loan Maturity Date shall not be deemed an Event of Default to the extent of the non-collection by the Borrowers on or before January 15, 2012 of accounts receivable in connection with any pay-per-view sales of Events, provided, however, no Event Expenditures shall be made following the Loan Maturity Date and all payments and collections which shall be transmitted or occur after the Loan Maturity Date shall in all respects comply with the requirements of this Agreement including, without limitation, that payment of funds into the Account shall, on the Loan Maturity Date , immediately be applied to repayment of the Loan in accordance herewith, until all outstanding amounts payable under the Loan Documents shall be paid in full.
Facility Maturity. The Working Capital Revolving Credit Facility shall mature on December __ , 2002 ("Working Capital Revolving Credit Maturity Date"). In no event shall Bank have any obligation to renew the Working Capital Revolving Credit Facility after the Working Capital Revolving Credit Maturity Date. By its execution hereof, the Borrower represents, warrants and agrees that no representations, assurances or promises have been made regarding any extension or renewal, or the terms of any extension or renewal, and Borrower will not rely upon any representations, assurances or promises unless in writing and signed by Bank.
Facility Maturity. The Equipment Revolving Credit Facility shall mature on the Equipment Revolving Credit Facility Maturity Date. Any Equipment Revolving Credit Note executed prior to the Equipment Revolving Credit Facility Maturity Date shall be repaid by Borrower in accordance with its remaining term. In no event shall Bank have any obligation to renew the Equipment Revolving Credit Facility after the Equipment Revolving Credit Facility Maturity Date. By its execution hereof, the Borrower represents, warrants and agrees that no representations, assurances or promises have been made regarding any extension or renewal, or the terms of any extension or renewal, and Borrower will not rely upon any representations, assurances or promises unless in writing and signed by Bank.
2.3. [RESERVED]
Facility Maturity. The Term Loan Facility will mature on June 30, 2001 (as may be extended from time to time as set forth in this Section 1.1.2 or otherwise in the sole and absolute discretion of the Term Lenders, "Term Loan Maturity Date"). Notwithstanding the foregoing, Borrowers (upon delivery of written notice to Administrative Agent at any time prior to the then effective Term Loan Maturity Date) shall be entitled (a) to extend any such Term Loan Maturity Date from time to time for additional successive periods not to exceed 364 calendar days from the date of such notice but in no event beyond June 30, 2005 and/or (b) to extend the then effective Term Loan Maturity Date until June 30, 2005 upon delivery to Administrative Agent of written evidence satisfactory to Administrative Agent that Borrowers have obtained all necessary regulatory approvals (in final, non-appealable form) for the incurrence of indebtedness as set forth in this Agreement and having a term with such a requested Term Loan Maturity Date.
Facility Maturity. The Line of Credit Facility will mature on September 30, 2002 (as may be extended from time to time in Lenders' sole and absolute discretion or as may be earlier terminated pursuant to the terms hereof, "Line of Credit Maturity Date")."
(g) Section 1.1.4. of the Credit Agreement is hereby amended by deleting the third sentence of such Section in its entirety and replacing such sentence with the following: "The aggregate stated principal amount of the Line of Credit Notes will be $55,000,000; provided, however, that the maximum liability under such Line of Credit Notes will be limited at all times to the actual amount of indebtedness (including principal, interest, fees and expenses) then outstanding under the Line of Credit Facility."
(h) Section 1.1.6.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:
Facility Maturity. The Term Loan Facility will be on a revolving basis for the incurrence of indebtedness as set forth in this Agreement.
