Examples of Initial Loan Maturity Date in a sentence
To the extent not previously paid, all Initial Loans shall be due and payable on the Initial Loan Maturity Date.
If a Shelf Registration Statement is filed, the Issuer will keep such registration statement effective and available (subject to customary exceptions) until it is no longer needed to permit unrestricted resales of Exchange Notes but in no event longer than two years from the Initial Loan Maturity Date.
Any Initial Bridge Loans that have not been previously repaid in full on or prior to the Initial Loan Maturity Date will be automatically converted into a senior secured term loan (each, an “Extended Term Loan”) due on the date that is 8 years after the Closing Date (the “Senior Maturity Date”).
Prior to the Initial Loan Maturity Date, the ability to incur indebtedness, incur liens and pay dividends may be more restrictive than those of the Extended Term Loans and the Senior Secured Exchange Notes, as reasonably agreed by the Bridge Administrative Agent and the Lead Borrower.
The Chamber has convened a group of hospitality workers to tackle the lack of housing for seasonal hospitality workers that come to the seacoast through the J1 VISA program.
It should be noted that there is a wider definition of an employee in the Sex Discrimination Ordinance that may extend not only to traditional employees, but to a wider category of individuals who have a contract personallyto execute any work or labour, who for other purposes, including tax, may be considered to be self-employed.
The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Loan on the Maturity Date; provided that the Borrower shall not be required to repay Initial Loans outstanding on the Initial Loan Maturity Date to the extent that such Initial Loans are converted into Term Loans, or exchanged for Exchange Notes, on such date in accordance with Section 2.02(b) or Section 2.06(c), respectively.
The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on the applicable Maturity Date for the Loans of a given Class the aggregate principal amount of all of its Loans of such Class outstanding on such date; provided, however, that the Borrower shall not be required to repay the Initial Loans outstanding on the Initial Loan Maturity Date if, on such date, the Initial Loans are converted to Extended Term Loans pursuant to Section 2.14(a).