Borrowing Maturity Date definition

Borrowing Maturity Date means, with respect to each Loan contained in each Revolving Borrowing, the maturity specified therefor in the Borrowing Request pursuant to which such Loan was originally made in accordance with Section 2.03.
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Borrowing Maturity Date means the maturity date of a Borrowing as specified by any Borrower in a Borrowing Request and which maturity date may be a minimum of seven calendar days or any greater amount of time as elected by the Borrower; provided that (i) such date does not extend beyond the Maturity Date and (ii) such date shall be on the last day of the final Interest Period applicable to such Borrowing.
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Borrowing Maturity Date means (a) with respect to a Base Rate Borrowing, the first day of each calendar quarter in arrears, and (b) with respect to any LIBOR Borrowing, the last day of the Interest Period applicable thereto and, in the case of a LIBOR Borrowing with an Interest Period of more than three months' duration (if at any time made available under this Agreement), each day that would have been a Borrowing Maturity Date for such Borrowing had successive Interest Periods of three months' duration been applicable to such Borrowing and, in addition, (c) each of (i) the date of any refinancing or conversion of a Borrowing with or to a Borrowing of a different Type, (ii) the date of prepayment of a Borrowing and (iii) the Expiration Date.
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Examples of Borrowing Maturity Date in a sentence

  • The Borrower hereby unconditionally promises to pay to the Lenders the then unpaid principal amount of each LIBOR Loan on the Borrowing Maturity Date for such LIBOR Loan (or such earlier date that the LIBOR Loans have been accelerated pursuant to the last paragraph of Section 7.1) together with all interest accrued thereon.

  • If no Borrowing Maturity Date is specified with respect to any requested Revolving Borrowing, then the relevant Borrower shall be deemed to have selected a Borrowing Maturity Date that is the earlier of the Maturity Date and the day that is 364 days after the first day of such Borrowing.

  • No Contract Period shall extend beyond the Termination Date (or the Short Term Borrowing Maturity Date in the case of a Short Term Borrowing by way of Bankers’ Acceptances).

  • Interest on each Base Rate Borrowing shall be payable on each applicable Borrowing Maturity Date.

  • The outstanding principal balance of each Borrowing under the Revolving Credit Facility, as evidenced by the applicable Note, shall be payable on the Borrowing Maturity Date applicable to such Borrowing (if any).

  • Facility, as evidenced by the applicable Note, shall be payable on the Borrowing Maturity Date applicable to such Borrowing (if any).

  • Interest on each LIBOR Borrowing shall be payable on each applicable Borrowing Maturity Date.

  • An Officer of Borrower duly authorized to request Borrowings under the Credit Agreement -------------------- 4 Identity shall include the date and amount of Borrowing, the Type and, with respect to LIBOR Borrowings, the Borrowing Maturity Date.

  • All Protective Advances shall be ABR Borrowings and shall mature on the earlier of the Maturity Date or the Borrowing Maturity Date specified by the Parent Borrower.

  • Interest on each LIBOR Borrowing shall be payable on each applicable Borrowing Maturity Date and, in the case of a LIBOR Borrowing with an Interest Period of more than three (3) months' duration, on the last day of each three month period.


More Definitions of Borrowing Maturity Date

Borrowing Maturity Date means, with respect to any Borrowing under the Revolving Loan, the last day of the Borrowing Period applicable to such Borrowing.
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Borrowing Maturity Date means, with respect to any LIBOR Loan, the earlier to occur of (i) the second anniversary of the borrowing of such LIBOR Loan and (ii) the Revolving Credit Maturity Date.
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Related to Borrowing Maturity Date

  • Revolving Maturity Date means April 22, 2024 (or, with respect to any Revolving Lender that has extended its Revolving Commitment pursuant to a Permitted Amendment, the extended maturity date, set forth in any such Loan Modification Agreement).

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Term B Maturity Date means January 31, 2025.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Revolving Credit Maturity Date means the date that is six years after the Closing Date, or, if such date is not a Business Day, the next preceding Business Day.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

  • Term Loan A Maturity Date means July 29, 2025.

  • Applicable Maturity Date has the meaning assigned to such term in Section 2.25(a).

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Term B Loan Maturity Date means December 7, 2023.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Final Maturity Date means the date that (i) is one hundred eighty (180) days following the Scheduled Termination Date or (ii) such earlier date on which the Loans become due and payable pursuant to Section 9.01.

  • Class B Maturity Date means the January 2040 Distribution Date.