Forbearance Maturity Date definition

Forbearance Maturity Date means January 15, 2013.
Forbearance Maturity Date means June 30, 2018.
Forbearance Maturity Date means November 19, 2004.

Examples of Forbearance Maturity Date in a sentence

  • All covenants, agreements and other obligations of the Loan Parties under this Agreement which do not terminate on the Forbearance Maturity Date pursuant to their express terms shall survive the occurrence of the Forbearance Maturity Date and shall thereafter be enforceable against the Loan Parties according to their terms.

  • Deferred Interest shall accrue and be payable on the Forbearance Maturity Date or such later date as determined by the Agent and Majority Banks in their sole and absolute discretion; provided, however, that the Deferred Interest shall be forgiven if, and only if, the Borrower makes a permanent reduction of the Existing Extensions of Credit by no less than $20,000,000.00 no later than the Forbearance Maturity Date.

  • No further Letters of Credit will be issued under the Loan Documents through the Forbearance Maturity Date; PROVIDED, HOWEVER, any Letter of Credit outstanding as of the date hereof, which expires pursuant to its own terms prior to the Forbearance Maturity Date, shall, at the Borrower's request, be renewed pursuant to the terms of the Credit Agreement as amended by this Agreement in the same amount, for the same purpose and for the same beneficiary as the existing Letter of Credit.

  • Finally, the Borrower represents and warrants that the combined revenues of Xidex GmbH, Anacomp Holdings Limited, Anacomp S.A., Anacomp Italia s.r.l. and Cominformatic AG and their respective subsidiaries as of November 15, 2000 are, and through the Forbearance Maturity Date shall be, (i) no less than 80% of the total revenue of all of the Foreign Subsidiaries and (ii) no less than 120% of the total EBITDA of all of the Foreign Subsidiaries.

  • From and after the Forbearance Maturity Date and at the option of Majority Banks by notice from the Agent (unless the Agent is prohibited by applicable law from providing such notice) in writing to the Borrower, any Obligations shall bear interest at a rate equal to 2% in excess of the rates set forth in the Credit Agreement, as amended by this Agreement.

  • Borrower shall pay Bank a success fee in the amount of Two Hundred and Fifty Thousand Dollars ($250,000) which shall be fully earned on the Sixth Amendment Effective Date and payable upon the Forbearance Maturity Date.

  • Subject to the terms and conditions of this Agreement, from the effective date of this Agreement until the Forbearance Maturity Date (the “Forbearance Period”), the Forbearing Parties agree to forbear from exercising their respective rights and remedies under the Credit Agreement, Security Documents and the other Financing Documents, solely in respect of the Specified Defaults.

  • In the event that on or before the Forbearance Maturity Date the outstanding principal balance of the Term Advance has been reduced to $1,000,000 (or less), and no Forbearance Termination Event has occurred and is continuing, the Existing Defaults shall be deemed automatically waived without further action required by Lender.


More Definitions of Forbearance Maturity Date

Forbearance Maturity Date means March 31, 2013.

Related to Forbearance 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.

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

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

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

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

  • Legal Maturity Date means July 15, 2024.

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

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • 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.

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

  • 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.

  • 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 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.

  • 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.

  • Term B Maturity Date means January 31, 2025.

  • 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.

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

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

  • Class B Maturity Date means the January 2040 Distribution 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.

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

  • Applicable Maturity Date has the meaning assigned to such term in Section 2.25(a).

  • 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.

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

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