Acquisition Loan Commitment Termination Date definition
Examples of Acquisition Loan Commitment Termination Date in a sentence
Amounts borrowed under this subsection 2.1A(v) may be repaid and reborrowed to but excluding the Acquisition Loan Commitment Termination Date.
Each Acquisition Lender's Acquisition Loan Commitment shall expire on the Acquisition Loan Commitment Termination Date and all Acquisition Loans and all other amounts owed hereunder with respect to the Acquisition Loans and the Acquisition Loan Commitments shall be paid in full no later than that date; PROVIDED that each Acquisition Lender's Acquisition Loan Commitment shall expire immediately and without further action on October 31, 1998, if the Tranche B Term Loans are not made on or before that date.
Each Acquisition Lender severally agrees, subject to the limitations set forth below with respect to the maximum amount of Acquisition Loans permitted to be outstanding from time to time, to lend to Company from time to time during the period from the Merger Date to but excluding the Acquisition Loan Commitment Termination Date an aggregate amount not exceeding its Pro Rata Share of the aggregate amount of the Acquisition Loan Commitments to be used for the purposes identified in subsection 2.5C.
The outstanding principal balance of each Loan shall be payable (a) in the case of a Revolving Loan, or, at any time prior to the Acquisition Loan Commitment Termination Date, an Acquisition Loan, on the last day of the Interest Period applicable to such Loan and on the Maturity Date and (b) in the case of a Term Loan or, from and after the Acquisition Loan Commitment Termination Date, an Acquisition Loan, as provided in Section 2.11.
After the Acquisition Loan Commitment Termination Date, each optional prepayment of Term Loans or Acquisition Loans shall be divided ratably between the outstanding principal balance of the Term Loans and the outstanding principal balance of the Acquisition Loans.