Facility B Term Loan Maturity Date definition

Facility B Term Loan Maturity Date means December 31, 2004, or the earlier date of acceleration of the Facility B Term Loan Advances pursuant to Section 8.2 hereof.
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Facility B Term Loan Maturity Date has the meaning specified in Section 2.8.1. "Federal Funds Rate" means, for any day, the rate per annum (rounded upwards to the nearest 1/100 of 1%) equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank on the Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate charged to Bank of America on such day on such transactions as determined by the Administrative Agent. "Fixed Rate" means the Eurodollar Rate, the Eurodollar Bid Rate or the Absolute Rate. "Fixed Rate Advance" means an Advance which bears interest at a Fixed Rate. "Fixed Rate Loan" means a Loan which bears interest at a Fixed Rate. "Floating Rate" means, for any day, a rate per annum equal to the Alternate Base Rate. "Floating Rate Advance" means a Floating Rate Facility A Advance or a Floating Rate Facility B Advance. "Floating Rate Facility A Advance" means a Facility A Advance which bears interest at the Floating Rate. "Floating Rate Facility B Advance" means a Facility B Advance which bears interest at the Floating Rate. "Floating Rate Interest Period" means, with respect to a Floating Rate Advance, a period of three months commencing on a Business Day selected by the Borrower pursuant to this Agreement. If such Floating Rate Interest Period would end on a day which is not a Business Day, such Floating Rate Interest Period shall end on the next succeeding Business Day. "Floating Rate Loan" means a Loan which bears interest at the Floating Rate. "Further Taxes" means any and all present or future taxes, levies, assessments, imposts, duties, deductions, fees, withholdings or similar charges (including net income taxes and franchise taxes), and all liabilities with respect thereto, imposed by any jurisdiction on account of amounts payable or paid pursuant to Section 3.1. "Governmental Authority" means any nation or government, any state or other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, administrative tribunal, central bank or other entity exercising e...
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Facility B Term Loan Maturity Date or the "Release Date" shall refer to the Maturity Date hereunder, (d) to an "Obligor" shall be deemed to refer to a "Loan Party" hereunder, (e) to a "Subsidiary Guaranty" shall be deemed to refer to a "Joinder Agreement" as defined in Section 1.01 hereof and (f) to "Articles," "Sections," "Schedules" or "Exhibits" shall be deemed to refer to Articles, Sections, Schedules or Exhibits of or to the Existing Credit Agreement unless otherwise specifically provided.
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Examples of Facility B Term Loan Maturity Date in a sentence

  • Natural role of the Association is to be a point of cooperation between members, as well as between member and other actors, which gives the Association an important role in the process of European Integrations process.

  • Such interest shall be payable on the earlier of demand or the Revolving Commitment Maturity Date, the Facility A Term Loan Maturity Date or the Facility B Term Loan Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations.

  • Neither Holdings nor any of its Subsidiaries will issue any preferred stock (or any options or warrants therefor) which requires any cash payments thereon prior to the first anniversary of the Facility B Term Loan Maturity Date.

  • The Facility B Term Loans will mature and are due and payable one year after such Facility B Termination Date (the "Facility B Term Loan Maturity Date").

  • Such interest shall be payable on the earlier of demand or the Revolving Commitment Maturity Date , the Facility A Term Loan Maturity Date or the Facility B Term Loan Maturity Date, as appropriate, and shall accrue until the earlier of (i) waiver or cure (to the satisfaction of the Determining Lenders) of the applicable Event of Default, (ii) agreement by the Lenders to rescind the charging of interest at the Default Rate, or (iii) payment in full of the Obligations.

  • To the extent not otherwise required to be paid earlier as provided herein, the principal amount of the Facility B Term Loan Advances shall be repaid on each Quarterly Date (except as provided in the last sentence of Section 2.5(g) hereof) and on the Facility B Term Loan Maturity Date in such amounts as set forth next to each such date below: 36 42 December 31, 2006 $14,214,113.34 or such other amount of Facility B Term Loan Advances then outstanding Swing Line Advances.

  • Borrower shall repay the principal amount of the Facility B Term Loans in full in a single installment payable on the Facility B Term Loan Maturity Date.

  • For LIBOR Advances, the notice of borrowing shall specify the requested funding date, which shall be a Business Day, the amount of the proposed aggregate LIBOR Advances to be made by Lenders and the Interest Period selected by the Borrower, provided that no such Interest Period shall extend past the Facility A Term Loan Maturity Date or the Facility B Term Loan Maturity Date, as appropriate.

  • The utilization fee shall be due and payable quarterly in arrears on each Payment Date, commencing with the first Payment Date to occur after the Effective Date, and on the Facility B Termination Date (or if the Facility B Term Loans are made, the Facility B Term Loan Maturity Date).

  • All or any part of outstanding LIBOR Advances and Base Rate Advances may be converted as provided herein, provided that (A) no Base Rate Advance may be converted into a LIBOR Advance when any Default exists and (B) no Base Rate Advance may be converted into a LIBOR Advance after the date that is one month prior to the Revolving Commitment Maturity Date, the Facility A Term Loan Maturity Date or the Facility B Term Loan Maturity Date, as applicable.


More Definitions of Facility B Term Loan Maturity Date

Facility B Term Loan Maturity Date has the meaning assigned to it in Section 2.1(d).
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Facility B Term Loan Maturity Date means May 19, 2005.
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Facility B Term Loan Maturity Date or "Facility C Term Loan Maturity Date" or otherwise extend the "Revolving Commitment Maturity Date", the "Facility A Term Loan Maturity Date", the "Facility B Term Loan Maturity Date" or the "Facility C Term Loan Maturity Date";
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Related to Facility B Term Loan Maturity Date

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

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

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

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

  • 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 the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Term B Loan Maturity Date means December 7, 2023.

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

  • Term Loan A Maturity Date means July 29, 2025.

  • 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.

  • 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.

  • 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.

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

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

  • 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).

  • Term B Maturity Date means January 31, 2025.

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

  • 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 Revolving Credit Maturity Date means the date that is five years after the Closing Date.

  • Revolving Credit Maturity Date means the date that is six years after the Closing Date, or, if such date is not a Business Day, the next preceding Business Day.