Extension Final Maturity definition

Extension Final Maturity means, with respect to the Revolver A Loan, the earlier of (a) the Maturity Date and (b) that date which is 364 days after the Option Date on which the Borrower and the Revolver A Lenders agree in writing to an Extension Option.
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Extension Final Maturity means, with respect to the Working Line Loan in the event that the Borrower and the Lenders have agreed to an Extension Option, that date which is the earlier of (a) 364 days after the Option Date and (b) the maturity date of the New Credit Facility (it being understood that if the "Maturity Date" as defined in the New Credit Facility is extended for all amounts outstanding thereunder by agreement of the parties in writing, such extended date shall be the maturity date of the New Credit Facility as used in this definition).
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Examples of Extension Final Maturity in a sentence

  • Such election must be made no sooner than 60 days prior to the Option Date or Extension Final Maturity, as applicable, and no later than 30 days prior to the Option Date or Extension Final Maturity, as applicable, (or such shorter period as agreed to by the Administrative Agent), by written notice in accordance with the terms of Section 10.02 hereof to the Administrative Agent of the election of such conversion.

  • On the Option Date, or, if the Borrower and the Lenders have agreed to extend the Revolver A Loan until the Extension Final Maturity, then on the Extension Final Maturity, the Borrower, so long as there exists no Default or Event of Default on such date of conversion, shall have the option (which shall not require the consent of any Lender) to convert the Revolver A Loan to a term loan (the "Converted Term Loan").

  • Upon such notice (and receipt by the Revolver A Lenders of the new promissory notes (if any)), the Revolver A Loan shall automatically convert to the Converted Term Loan on the Option Date or the Extension Final Maturity, as applicable.

  • On the Option Date (so long as the Borrower has not elected the Conversion Option), the Borrower, with the prior written consent of Revolver A Lenders holding 66.66% of outstanding Revolver A Advances, or if there are no Revolver A Advances outstanding, 66.66% of the Revolver A Commitment (the "Revolver A Determining Lenders"), and so long as there exists no Default, may elect to extend the maturity of the Revolver A Loan for an additional 364 day period until the Extension Final Maturity.

  • If the Borrower receives the consent of Lenders having Working Line Specified Percentages totaling 100%, then the Working Line Loan final maturity shall be automatically extended on the Option Date to the Extension Final Maturity, and each Lender will retain its Working Line Specified Percentage and the Working Line Commitment shall remain the same.

  • On the Option Date, or, if the Borrower and the Lenders have agreed to extend the Working Line Loan until the Extension Final Maturity, then the Extension Final Maturity, the Borrower, so long as there exists no Default or Event of Default on such date of conversion, shall have the option (which shall not require the consent of any Lender) to convert the Working Line Loan to a term loan.

  • Such election must be made no sooner than 60 days prior to the Option Date or Extension Final Maturity, as applicable, and no later than 30 days prior to the Option Date or Extension Final Maturity, as applicable, by written notice in accordance with the terms of Section 11.02 hereof to each Lender of such conversion.

  • Upon such notice and receipt by the Lenders of the new promissory notes, the Working Line Loan shall automatically convert to a term loan on the Option Date or the Extension Final Maturity, as applicable.

  • On the Option Date, the Borrower, with the prior written consent of the SuperMajority Lenders and so long as there exists no Default or Event of Default, may elect to extend the maturity of the Working Line Loan for an additional 364 day period until the Extension Final Maturity.

  • On each Option Date (so long as the Borrower has not elected the Conversion Option), the Borrower, with the prior written consent of the Facility Determining Lenders and so long as there exists no Default, may elect to extend the maturity of the Working Line Loan for an additional 364 day period until the Extension Final Maturity.

Related to Extension Final Maturity

  • Final Maturity has the meaning specified in Section 308.

  • 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.

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Assumed Final Maturity Date As to each Class of Certificates, the date set forth as such in the Preliminary Statement.

  • 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.

  • Initial Maturity Date means the earlier of (i) February 1, 2020 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Existing Maturity Date has the meaning specified in Section 2.14(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.

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

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

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

  • 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.

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

  • 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 of (a) the Business Day designated by the Borrower to the Lender pursuant to Section 2.16(b) to terminate this Agreement, (b) the Stated Maturity or (c) the date on which the Facility Maturity Date is declared (or is deemed to have occurred automatically) pursuant to Section 7.01.

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

  • 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.

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

  • 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.

  • Extended Maturity Date has the meaning specified in Section 2.17(a).

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

  • Term B Maturity Date means January 31, 2025.

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

  • Incremental Term Maturity Date means, with respect to Incremental Term Loans of any Series, the scheduled date on which such Incremental Term Loans shall become due and payable in full hereunder, as specified in the applicable Incremental Facility Agreement.