Alternate Currency Termination Date definition
Examples of Alternate Currency Termination Date in a sentence
If the Alternate Currency Lender shall fail to provide its written consent by the date 15 days prior to the current Alternate Currency Termination Date, then the Alternate Currency Lender shall be deemed to have not consented to the requested extension.
Subject to the terms and conditions hereof, during the period from the Effective Date to but excluding the Alternate Currency Termination Date, the Alternate Currency Lender agrees to make Alternate Currency Loans in any Alternate Currency to the Borrower in an aggregate principal amount at any one time outstanding up to, but not exceeding, the amount of the Alternate Currency Commitment.
The Borrower may request that the Alternate Currency Lender agree to extend the current Alternate Currency Termination Date by successive 364-day periods by executing and delivering to the Agent at least 30 days but not more than 60 days prior to the current Alternate Currency Termination Date a written request (an “Alternate Currency Extension Request”); provided, however, the Alternate Currency Termination Date may not be extended to a date later than the Termination Date.
The Agent shall notify each Lender of any extension of the Alternate Currency Termination Date promptly upon the effectiveness thereof.
The Borrower shall repay the entire outstanding principal amount of, and all accrued but unpaid interest on, (a) the Alternate Currency Loans on the Alternate Currency Termination Date and (b) the Revolving Loans on the Termination Date.