Construction Maturity Date definition
Construction Maturity Date means the earliest of (a) the Term Conversion Date, (b) the Term Conversion Date Certain and (c) the date on which the entire outstanding principal amount of the Construction Loans, together with all unpaid interest, fees, charges and costs, shall become due and payable in full hereunder, whether by acceleration or otherwise.
Examples of Construction Maturity Date in a sentence
Co-Borrowers shall repay to Administrative Agent, for the account of each Lender, in full on the Construction Maturity Date the outstanding principal amount of any Construction Loan made by such Lender which have not been converted to Term Loans pursuant to Section 2.1.2(b).