Examples of Initial Maturity Date in a sentence
The Borrowers may, by written notice to the Agent (who shall promptly notify the Lenders) not earlier than 90 days and not later than 30 days prior to the Initial Maturity Date, request that the Initial Maturity Date be extended to the First Extended Maturity Date.
The Borrower may request, by written notice to the Administrative Agent, at least 30 days prior, but not earlier than the day occurring 60 days and one year prior to the Initial Maturity Date, a twelve-month extension of the Initial Maturity Date (an “Extension Request”).
The Borrower may, by written notice to the Administrative Agent (who shall promptly notify the Lenders) not earlier than 90 days and not later than 30 days prior to the Initial Maturity Date, request that the Revolving Credit Lenders extend the Maturity Date for the Revolving Credit Facility and/or that the Term Lenders extend the Maturity Date for the Term Facility, in each case, for an additional 12 months from the Initial Maturity Date.
If the Initial Maturity Date is extended to the First Extended Maturity Date, then the Borrowers may, by written notice to the Agent (who shall promptly notify the Lenders) not earlier than 90 days and not later than 30 days prior to the First Extended Maturity Date, request that the First Extended Maturity Date be extended to the Second Extended Maturity Date.