Examples of Acquisition Loan Termination Date in a sentence
Accrued Commitment Commission shall be due and payable quarterly in arrears on each Quarterly Payment Date and on the later of the Acquisition Loan Termination Date and the B Revolving Loan Maturity Date or such earlier date upon which the Total Commitment is terminated.
On any day on or prior to the Acquisition Loan Termination Date on which the aggregate outstanding principal amount of Acquisition Loans exceeds the Total Acquisition Loan Commitment, the Borrower shall repay the principal of Acquisition Loans in the amount equal to such excess.
Accrued Commitment Commission shall be due and payable quarterly in arrears on each Quarterly Payment Date and on the later of the Acquisition Loan Termination Date and the Revolving Loan Maturity Date or such earlier date upon which the Total Commitment is terminated.
In the event that any such Bank waives all or part of such right to receive any such Waivable Mandatory Repayment, the Administrative Agent shall apply 100% of the amount so waived by such Bank to the A Term Loans and/or the Acquisition Loans (and if prior to the Acquisition Loan Termination Date, to the reduction of the Acquisition Loan Commitments), in each case in accordance with Section 3.02(B).
In the event of a prepayment or mandatory repurchase of the Mortgage Notes or other Parity Debt not governed by Section 2.7(a) after the Acquisition Loan Termination Date, the Loans shall be prepaid in a pro rata amount, such pro rata amount based upon the maximum commitment amount of Mortgage Notes and Parity Debt plus the Commitments hereunder.