Draw Loan Maturity Date definition

Draw Loan Maturity Date means, with respect to each Draw, the earlier to occur of (a) the day that is ninety days following the day such Draw was funded by the Lender and (b) the day that the receivable, the financing for which such Draw was requested, is paid.
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Draw Loan Maturity Date means December 31, 2007.
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Draw Loan Maturity Date will mean December 15, 2013, which is the expiration of the Draw Loan Commitment under this First Amendment.
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Examples of Draw Loan Maturity Date in a sentence

  • Except to the extent prepaid in accordance with Section 3.1 below, the principal sum of each Draw shall be due and payable on the applicable Draw Loan Maturity Date.

  • Subject to Sections 2.14(a) and 2.15, all amounts owed hereunder with respect to the Delayed Draw Loans shall be paid in full no later than the Delayed Draw Loan Maturity Date.

  • Accrued and unpaid interest on the unpaid principal balance of all Draw Loans outstanding from time to time, shall be due and payable monthly, in arrears, commencing on the first day of the first month following a draw on the Draw Loans and continuing on the last day of each Interest Period, throughout and including the Interest Period in which the Draw Loan Maturity Date occurs.

  • Permit its Tangible Net Worth to be less than (i) $10,500,000 (the “Base Amount”) through October 29, 2006 and (ii) thereafter, the Base Amount plus $1,000,000 (as of the last day of each ensuing fiscal year) until the later of the Revolving Credit Maturity Date, the Draw Loan Maturity Date or the Term Loan Maturity Date.

  • Columns 5 and 6 are the number of employees without paid leave and the cumulative count of these employees.

  • From and after the Draw Loan Maturity Date or after the occurrence and during the continuation of an Event of Default (whichever is first), interest on the outstanding principal balance of the Draw Loans, at the option of the Bank, may accrue at the Default Rate and shall be payable upon demand from the Bank.

  • Over the forthcoming Christmas holiday between 19 December 2005 and 2 January 2006.

  • All Draw Loans hereunder shall be repaid by the Borrower on the Draw Loan Maturity Date, unless payable sooner pursuant to the provisions of this Agreement.

  • Permit its Tangible Net Worth to be less than (i) $7,500,000 from November 1, 2002 through October 31, 2003, (ii) $9,000,000 from November 1, 2003 through October 31, 2004, (iii) $10,500,000 from November 1, 2004 through October 31, 2005, and (iv) $12,000,000 from November 1, 2005 to the later of the Revolving Credit Maturity Date, the Draw Loan Maturity Date or the Term Loan Maturity Date.

  • Permit its Tangible Net Worth to be less than (i) $11,000,000 (the "Base Amount") from the date hereof through October 29, 2006 and (ii) thereafter, the Base Amount plus $1,000,000 (as of the last day of each ensuing fiscal year) until the later of the Revolving Credit Maturity Date, the Draw Loan Maturity Date or the Term Loan Maturity Date.


More Definitions of Draw Loan Maturity Date

Draw Loan Maturity Date means, March 9, 2020.
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Related to Draw Loan Maturity Date

  • 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.

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

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

  • Revolving Loan Maturity Date means January 1, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by the Borrower and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • 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 B Loan Maturity Date means December 7, 2023.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • 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.

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

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, 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 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.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • 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.

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

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

  • 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.

  • 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.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

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

  • Tranche A Maturity Date means August 4, 2005, or, if such day is not a Business Day, the next preceding Business Day.

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

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

  • Applicable Maturity Date means (a) with respect to the Revolving Loans, the Swing Line Loans and Letters of Credit, the Revolving Loan Maturity Date and (b) with respect to the Term Loan, the Term Loan Maturity Date.