Initial Extended Maturity Date definition

Initial Extended Maturity Date means December 19, 2025.
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Initial Extended Maturity Date. Means December 15, 2024 (additional 6 months from Initial Maturity Date) unless accelerated sooner pursuant to the terms hereof.
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Initial Extended Maturity Date has the meaning set forth in Section 2.14(b).
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Examples of Initial Extended Maturity Date in a sentence

  • The Loan Term shall commence on the date hereof and terminate on the Initial Extended Maturity Date, unless otherwise extended under the provisions of Section 2.4(b).

  • The rapid advancements made in technology supporting an entirely digital integrated approach from digital design and to digital and automated manufacturing lead to the need of a much improved approached to assuring production quality demand.

  • Notwithstanding the foregoing, no prepayment penalty shall be due in the event the entire outstanding principal balance is repaid on the Initial Maturity Date, Initial Extended Maturity Date or on the Conversion Date.

  • In order to exercise the Extension Option, Borrower must provide Lender with written notice (the “Extension Notice”) of Borrower’s intent to exercise the Extension Option not less than thirty (30) days prior to the Initial Extended Maturity Date but no more than ninety (90) days prior to the Initial Extended Maturity Date, TIME BEING OF THE ESSENCE.

  • If the Company exercises such option to extend the Maturity Date, then, not later than the Initial Extended Maturity Date, the Company shall pay to the Administrative Agent, for the ratable account of the Banks in accordance with their respective Pro Rata Shares, in cash, an amount equal to five-hundredths of one percent (0.05%) of the aggregate outstanding principal amount of the Loans determined as of the first day of such extension period.

  • June 15, 2034 (additional 120 months from the Initial Maturity Date), or if Borrower has elected and qualified for the Extension Option, December 15, 2034 (additional 120 months from the Initial Extended Maturity Date), as the case may be, unless accelerated sooner pursuant to the terms hereof.


More Definitions of Initial Extended Maturity Date

Initial Extended Maturity Date means the Initial Maturity Date, as such date may be extended pursuant to Section .
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Initial Extended Maturity Date as defined in Section 10.9.
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Initial Extended Maturity Date means December 19, 2025. “Initial Extension Option” has the meaning set forth in Section 2.16(a). “Initial Extension Effective Date” has the meaning set forth in Section 2.16(a). “Initial Extension Fee” has the meaning set forth in Section 2.08(c). “Initial Lender” has the meaning specified in the recital of parties to this Agreement. “Initial Maturity Date” means December 19, 2024. “Insufficiency” means, with respect to any Plan, the amount, if any, of its unfunded benefit liabilities, as defined in Section 4001(a)(18) of ERISA. “Investment” means (a) any loan or advance to any Person, any purchase or other acquisition of any Equity Interests or Indebtedness or the assets comprising a division or business unit or a substantial part or all of the business of any Person, any capital contribution to any Person or any other direct or indirect investment in any Person, including, without limitation, any acquisition by way of a merger or consolidation and any arrangement pursuant to which the investor incurs Indebtedness of the types referred to in clause (iii) or (iv) of the definition of “Indebtedness” in respect of any Person, and (b) the purchase or other acquisition or lease, as lessee, of any real property. “IRS” means the United States Internal Revenue Service. “Joint Venture” means any joint venture (which may be in the form of a limited liability company, partnership or otherwise) in which the Borrower or any of its Subsidiaries or other entity in which Borrower holds (directly or indirectly) Equity Interests but less than 100% of the Equity Interests. “Joint Venture Assets” means, with respect to any Joint Venture at any time, the assets owned by such Joint Venture at such time. “JV Pro Rata Share” means, with respect to any Subsidiary of a Person (other than a wholly-owned Subsidiary) or any Joint Venture of a Person, the greater of (a) such Person’s relative nominal direct and indirect ownership interest (expressed as a percentage) in such Subsidiary or Joint Venture or (b) such Person’s relative direct and indirect economic interest (calculated as a percentage) in such Subsidiary or Joint Venture, in each case determined in accordance with the applicable provisions of the Organization Documents of such Subsidiary or Joint Venture. “Key Person Event” means any event, transaction or occurrence as a result of which Xxxxxxx Xxxxxxxxx shall for any reason cease to be actively engaged in the day-to-day management of the Borrower and its Subsidiaries in t...
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Initial Extended Maturity Date has the meaning given to that term in Clause 6.2 (Black Swan Extension).
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Related to Initial Extended Maturity Date

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

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

  • First Extended Maturity Date has the meaning specified in Section 2.15(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.

  • 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.

  • 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.

  • 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.

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

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

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

  • 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.

  • 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.

  • 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.

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

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

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

  • 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 A Maturity Date means July 29, 2025.

  • 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.

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

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

  • Expected Maturity Date means June 15, 2021.

  • 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.

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

  • Final Scheduled Maturity Date The Final Scheduled Maturity Date for each Class of Certificates is June 25, 2033, which corresponds to the "latest possible maturity date" for purposes of Section 860G(a)(1) of the Internal Revenue Code of 1986, as amended.