Equipment Maturity Date definition

Equipment Maturity Date is defined in Section 2.1.1.

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Equipment Maturity Date is (a) for the Initial Equipment Advance, the first (1st) day of the month which is forty-eight (48) months from the Funding Date of the Initial Equipment Advance, and (b) for each Equipment Advance other than the Initial Equipment Advance, the first (1st) day of the month which is thirty-six (36) months from the Funding Date of such Equipment Advance.

Equipment Maturity Date is defined in Section 2.1.5.

Examples of Equipment Maturity Date in a sentence

Notwithstanding the foregoing, all unpaid principal and interest on each Equipment Advance shall be due on the applicable Equipment Maturity Date.
The final payment due on the applicable Equipment Maturity Date shall include all outstanding principal and all accrued unpaid interest.
This Agreement shall become effective on the Closing Date and, subject to Section 12.7, shall continue in full force and effect for a term ending on the Equipment Maturity Date.
Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Equipment Maturity Date).
All unpaid principal and accrued and unpaid interest on the Prior Equipment Loan is due and payable in full on the Prior Equipment Maturity Date.

More Definitions of Equipment Maturity Date

Equipment Maturity Date is with respect to each Equipment Advance, the last day of the Repayment Period for such Equipment Advance, or if earlier, the date of acceleration of such Equipment Advance by Bank following an Event of Default.

Equipment Maturity Date is, for each Equipment Advance, the thirty-ninth (39th) Payment Date for such Equipment Advance, but no later than September 1, 2015.

Equipment Maturity Date is defined in Section 2.1.2.

Equipment Maturity Date means February 28, 2011.

Equipment Maturity Date means September 6, 2010.

Equipment Maturity Date is June 1, 2010.

Equipment Maturity Date means the maturity date for the repayment by monthly amortization of the Committed Equipment Line, which shall be August 31, 2001."