Initial Revolving Credit Maturity Date definition

Initial Revolving Credit Maturity Date means the date that is five years after the Closing Date.

Initial Revolving Credit Maturity Date means, with respect to any Initial Revolving Credit Loan, the earlier of (i) the date that is five years after the Closing Date, which date is January 31, 2024, and (ii) the date of termination in whole of the Initial Revolving Credit Commitments and the Letter of Credit Commitments pursuant to Section 2.06 or 9.02.

Initial Revolving Credit Maturity Date means the date that is five years after the Seventh Amendment Closing Date (which date is October 6, 2028 and defined as the “Stated Revolving Credit Maturity Date”); provided that, (x) if, on any date prior to the Stated Revolving Credit Maturity Date that is ninety-one (91) days prior to the scheduled maturity date in respect of (A) the Initial Term Loans and/or (B) any Indebtedness that refinances or extends the maturity date of the Initial Term Loans (any such date, a “Revolving Facility First Lien Springing Maturity Date” and any such maturing Initial Term Loans or refinancing Indebtedness in respect thereof, “First Lien Reference Debt”), First Lien Reference Debt is outstanding in an aggregate principal amount in excess of $150,000,000, the Initial Revolving Credit Maturity Date shall instead be the Revolving Facility First Lien Springing Maturity Date and (y) if, on any date prior to the Stated Revolving Credit Maturity Date that is ninety-one (91) days prior to the scheduled maturity date in respect of (A) the Second Lien Term Loans and/or (B) any Indebtedness that refinances or extends the maturity date of the Second Lien Term Loans (any such date, a “Revolving Facility Second Lien Springing Maturity Date” and any such maturing Second Lien Term Loans or refinancing Indebtedness in respect thereof, “Second Lien Reference Debt”), any Second Lien Reference Debt is outstanding, the Initial Revolving Credit Maturity Date shall instead be the Revolving Facility Second Lien Springing Maturity Date; provided further, in each case, if such date is not a Business Day, the Initial Revolving Credit Maturity Date shall be the immediately preceding Business Day. Any provisions relating to the determination of a minimum tenor, maturity or Weighted Average Life to Maturity with respect to any Indebtedness permitted to be incurred by the Borrower or any Restricted Subsidiary shall assume that neither clause (x) or clause (y) of the foregoing applies.

Examples of Initial Revolving Credit Maturity Date in a sentence

• Each Canadian Overadvance shall mature and be due on the earliest of (i) the Initial Revolving Credit Maturity Date, (ii) written demand by the Administrative Agent and (iii) 30 days after the date on which such Canadian Overadvance is made; it being understood and agreed that no Canadian Overadvance shall cause the Initial Canadian Revolving Credit Exposure of any Initial Canadian Revolving Lender to exceed such Initial Canadian Revolving Lender’s Initial Canadian Commitment.

• Each US Overadvance shall mature and be due on the earliest of (i) the Initial Revolving Credit Maturity Date, (ii) written demand by the Administrative Agent and (iii) 30 days after the date on which such US Overadvance is made; it being understood and agreed that no US Overadvance shall cause the Initial US Revolving Credit Exposure of any Initial US Revolving Lender to exceed such Initial US Revolving Lender’s Initial US Commitment.

• On the Initial Revolving Credit Maturity Date, each Borrower shall make payment in full in Cash of all accrued and unpaid fees and all reimbursable expenses and other Obligations with respect to the Initial Revolving Facility then due, together with accrued and unpaid interest (if any) thereon attributable to such Borrower.

• Each Overadvance shall mature and be due on the earliest of (i) the Initial Revolving Credit Maturity Date, (ii) written demand by the Administrative Agent and (iii) thirty (30) days after the date on which such Overadvance is made.

• On the Initial Revolving Credit Maturity Date, the Borrowers shall make payment in full in Cash of all accrued and unpaid fees and all reimbursable expenses and other Obligations with respect to the Initial Revolving Facility then due, together with accrued and unpaid interest (if any) thereon.

More Definitions of Initial Revolving Credit Maturity Date

Initial Revolving Credit Maturity Date means July 27, 2022.

Initial Revolving Credit Maturity Date means August 1, 2024.

Initial Revolving Credit Maturity Date means, with respect to any Initial Revolving Credit Loan, the earlier of

Initial Revolving Credit Maturity Date means the date that is five (5) years after the Second Amendment Effective Date.

Initial Revolving Credit Maturity Date means, with respect to any Initial Revolving Credit Loan, the earliest of

Initial Revolving Credit Maturity Date means the date specified in the applicable Refinancing Amendment, Incremental Facility Amendment or Extension/Modification Amendment.

Initial Revolving Credit Maturity Date means the date that is five years after the ClosingAmendment No. 1 Effective Date; provided, that if the Senior Notes with a maturity date of July 15, 2022 remain outstanding in a principal amount in excess of $50,000,000 on April 15, 2022, the Initial Revolving Credit Maturity Date shall be April 15, 2022, unless, at the Borrower’sBorrowers’ sole discretion, the BorrowerBorrowers elects to take a reserve against the Borrowing Base in an amount equal to the amount of such excess and, after giving effect thereto, Availability as of such date is equal to or greater than $30,000,000.