Construction Loan Maturity Date definition

Construction Loan Maturity Date means the earlier of (a) the Conversion Date and (b) the Conversion Date Certain.

Construction Loan Maturity Date means the earliest to occur of (a) the Term Conversion Date, (b) the Date Certain, or (c) the date on which all outstanding Loans shall have become due and payable pursuant to Article VII.

Construction Loan Maturity Date means the earlier of the Date Certain and the date that is the three month anniversary of the commencement of the Demand Charge Period (as such term is defined in the Processing Agreement).

Examples of Construction Loan Maturity Date in a sentence

• In order to exercise the option to convert the Loan to a Permanent Loan, the Borrower must provide the City with written notice of such election at least fifteen (15) days prior to the Construction Loan Maturity Date.

• Provided all of the requirements and conditions set forth in Section 5.1 have been met and the Borrower has properly exercised the option to convert the Loan to a Permanent Loan in the manner and at a time permitted under Section 5.2, then the Permanent Phase shall commence on the Construction Loan Maturity Date.

• Lender shall not be obligated to advance any Construction Loan proceeds after the Construction Loan Maturity Date.

• Completion shall not have occurred by the Construction Loan Maturity Date.

• The principal of each Construction Loan which has not been converted into a Term Loan shall be due and payable in full on the Construction Loan Maturity Date.

More Definitions of Construction Loan Maturity Date

Construction Loan Maturity Date means [August 9], 2024, as the same may be extended in accordance with the Borrower Note and the Construction Disbursement Agreement.

Construction Loan Maturity Date means the maturity date of the Construction Loan, as may be extended from time to time, as provided in this Agreement.

Construction Loan Maturity Date means, as applicable, the Initial Construction Loan Maturity Date or the Extended Construction Loan Maturity Date.

Construction Loan Maturity Date means, with respect to the Project, the date which is one year after the Closing Date.

Construction Loan Maturity Date means 60 days after the Completion Date.

Construction Loan Maturity Date has the meaning assigned to that term in section 2.4 of the Agreement.

Construction Loan Maturity Date means, with regard to the Construction Loan, made to build the Vessel, the earlier to occur of (i) the Conversion Date of the Construction Loan, (ii) June 15, 2005, or (iii) the Vessel Acceptance Date.