Examples of First Extended Maturity Date in a sentence
This Agreement shall not be effective, and neither Agent nor Xxxxxxx shall have any obligations hereunder, unless all of the following conditions are satisfied in a manner acceptable to Agent in Agent’s sole judgment, provided, however, that, notwithstanding the foregoing, the extension of the Maturity Date to the Extended First Extended Maturity Date shall automatically become effective concurrently with the execution and delivery of this Agreement by Agent and Lenders.
Borrower previously exercised its rights under Section 2.8 of the Loan Agreement (First Extension of Maturity Date) to extend the term of the Loan from the Initial Maturity Date to the First Extended Maturity Date (i.e., March 1, 2024).
Notwithstanding the foregoing, the First Extended Maturity Date (and thereby, the Maturity Date) is hereby extended to April 15, 2024 (the “Extended First Extended Maturity Date”).