Scheduled Maturity Date. (i) The Company is required to repay the Notes on October 15, 2037 (the “Scheduled Maturity Date”) at their principal amount plus accrued and unpaid Interest only to the extent that during a 180-day period ending on the date a Notice of Repayment is given pursuant to Section 3.03, the Company has raised sufficient net proceeds from the issuance of Qualifying Capital Securities to permit repayment of the Notes in full on the Scheduled Maturity Date in accordance with the Replacement Capital Covenant. If the Company is unable for any reason to raise sufficient net proceeds to repay the Notes in full on the Scheduled Maturity Date, the Company shall (A) repay the Notes on the Scheduled Maturity Date in part to the extent of any net proceeds so raised and (B) continue to comply with this Section 2.02(a). For the avoidance of doubt, a Repayment Date shall not constitute a Maturity for the purposes of Section 5.01(2) hereof, unless the Company has given written notice to the Trustee fixing such date for redemption and stating that the Company has determined to treat that date as a Maturity, in which case such date shall constitute a Maturity for the Notes specified in the applicable Notice of Repayment or Supplemental Notice, as the case may be.
(ii) The Company shall use its Commercially Reasonable Efforts, subject to clause (viii) below, to raise sufficient net proceeds from the issuance of Qualifying Capital Securities during such 180-day period to permit repayment of the Outstanding Notes in full on the Scheduled Maturity Date. If the Company has not raised sufficient net proceeds pursuant to the preceding sentence to permit repayment of all principal and accrued and unpaid Interest on the Notes on the Scheduled Maturity Date, the unpaid amount shall remain outstanding from quarter to quarter and bear interest at Three-month LIBOR plus 4.177%, payable quarterly in arrears on each quarterly Interest Payment Date until repaid, and the Company shall use its Commercially Reasonable Efforts, subject to clause (viii) below, to raise sufficient net proceeds from the issuance of Qualifying Capital Securities during each 90-day period ending on each date Notice of Repayment is given, on the next Interest Payment Date, and on each Interest Payment Date thereafter, until all Notes Outstanding are repaid in full (the Scheduled Maturity Date and each such subsequent Interest Payment Date, a “Repayment Date”). The Scheduled Maturity Obligations shall terminate on the earl...
Scheduled Maturity Date. To the extent not sooner due and payable in accordance with the Loan Documents (and unless the Borrowers shall extend the term of the Loan for the First Extension Term, the Second Extension Term, or the Third Extension Term upon the terms and subject to the conditions of Section 2.5(B) below), the then outstanding principal balance of the Loan, all accrued and unpaid interest thereon (and including interest through the end of the Interest Accrual Period then in effect), and all other sums then owing to Lender hereunder and under the Note, the Mortgages and the other Loan Documents, shall be due and payable on (i) the Scheduled Maturity Date or (ii) if the Borrowers shall have extended the term of the Loan for the First Extension Term, the Second Extension Term, or the Third Extension Term, upon the terms and subject to the conditions of Section 2.5(B) below, the applicable Maturity Date.
Scheduled Maturity Date. January 12, 2012.
Scheduled Maturity Date. The Borrower shall repay to the Administrative Agent for the ratable benefit of the Lenders the outstanding principal amount of each Advance, together with any accrued interest on the Commitment Termination Date or such earlier date pursuant to Section 7.02 or Section 7.03.
Scheduled Maturity Date. To the extent not sooner due and payable in accordance with the Loan Documents (and unless the Borrowers shall extend the term of the Loan for the First Extension Term, the Second Extension Term, or the Third Extension Term upon the terms and subject to the conditions of Section 2.5(B) below), the then outstanding principal balance of the Loan, all accrued and unpaid interest thereon (and including interest through the end of the Interest Accrual Period then in effect), and all other sums then owing to Lender hereunder and under the Note, the Pledge Agreement, the Jekyll Island Mortgage and the other Loan Documents, shall be due and payable on (i) the Scheduled Maturity Date or (ii) if the Borrowers shall have extended the term of the Loan for the First Extension Term, the Second Extension Term, or the Third Extension Term, upon the terms and subject to the conditions of Section 2.5(B) below, the applicable Maturity Date.
Scheduled Maturity Date. (i) The principal amount of, and all accrued and unpaid interest on, the Notes shall be payable in full on the Scheduled Maturity Date; provided, however, that in the event the Partnership has delivered an Officers’ Certificate to the Trustee that complies with clause (vi) of this Section 2.2(a) in connection with the Scheduled Maturity Date, (x) the principal amount of Notes payable on the Scheduled Maturity Date, if any, shall be the principal amount set forth in the notice of repayment, if any, accompanying such Officers’ Certificate, (y) such principal amount of Notes shall be repaid on the Scheduled Maturity Date pursuant to Article II hereof, and (z) subject to clause (iii) of this Section 2.2(a), the remaining Notes shall remain outstanding and shall be payable on the immediately succeeding Quarterly Interest Payment Date or such earlier date on which they are redeemed pursuant to Section 3.1 hereof or shall become due and payable pursuant to Section 6.01 of the Indenture.
Scheduled Maturity Date. (i) The principal amount of, and all accrued and unpaid interest on, the Subordinated Debentures shall be payable in full on [ ], or if such day is not a Business Day, the following Business Day (the “Scheduled Maturity Date”); provided that in the event the Company has delivered an Officers’ Certificate to the Trustee pursuant to clause (vii) of this Section 2.1(d) in connection with the Scheduled Maturity Date, (A) the principal amount of Subordinated Debentures payable on the Scheduled Maturity Date, if any, shall be the principal amount set forth in the notice of repayment accompanying such Officers’ Certificate, (B) such principal amount of Subordinated Debentures shall be repaid on the Scheduled Maturity Date pursuant to Article III, and (C) subject to clause (ii) of this Section 2.1(d), the remaining Subordinated Debentures shall remain outstanding and shall be payable on the immediately succeeding Monthly Interest Payment Date or such earlier date on which they are redeemed pursuant to Section 2.1(l) or shall become due and payable pursuant to
Scheduled Maturity Date. As defined in the definition of “Maturity Date”. SEC. The Securities and Exchange Commission, or any successor thereto.
Scheduled Maturity Date. December 28, 2025 7. Revolving Loan Commitments of Lenders: $100,000,000.00 Siena Lending Group LLC $26,400,000 on the Closing Date (as such amount shall be reduced by 44% of the amount that the Total Equipment Loan Commitment Amount is reduced in accordance with Section 2(b) of Schedule A) (the “Siena Equipment Loan Commitment Amount”) $24,000,000 on the Closing Date. Thereafter, the amount that is 60% of the amount that is the difference of the Total Revolving Loan Commitment minus the then applicable Total Equipment Loan Commitment Amount $50,400,000 GRC SPV Investments, LLC $33,600,000 on the Closing Date (as such amount shall be reduced by 56% of the amount that the Total Equipment Loan Commitment Amount is reduced in accordance with Section 2(b) of Schedule A) (the “GRC Equipment Loan Commitment Amount”) $16,000,000 on the Closing Date. Thereafter, the amount that is 40% of the amount that is the difference of the Total Revolving Loan Commitment minus the then applicable Total Equipment Loan Commitment Amount $49,600,000 Total $60,000,000 on the Closing Date (as such amount shall be reduced in accordance with Section 2(b) of Schedule A) (the “Total Equipment Loan Commitment Amount”) $40,000,000 on the Closing Date. Thereafter, the amount that is the difference of $100,000,000 minus the then applicable Total Equipment Loan Commitment Amount $100,000,000 Siena Lending Group LLC 44.000000000% 60.000000000% 50.400000000% GRC SPV Investments, LLC 56.000000000% 40.000000000% 49.600000000% Unless otherwise defined herein, the following terms are used herein as defined in the UCC: Accounts, Account Debtor, Certificated Security, Chattel Paper, Commercial Tort Claims, Deposit Accounts, Documents, Electronic Chattel Paper, Equipment, Farm Products, Fixtures, General Intangibles, Goods, Health-Care-Insurance Receivables, Instruments, Inventory, Letter-of-Credit Rights, Proceeds, Supporting Obligations and Tangible Chattel Paper. As used in this Agreement, the following terms have the following meanings:
Scheduled Maturity Date. See the definition of “Maturity Date”.
