Initial Revolving Loan Maturity Date definition

Initial Revolving Loan Maturity Date means April 23, 2018.

Initial Revolving Loan Maturity Date means September 25, 2023.

Initial Revolving Loan Maturity Date means the fifth anniversary of the Effective Date.

Examples of Initial Revolving Loan Maturity Date in a sentence

• Except to the extent of reallocations of participations pursuant to the prior sentence, the occurrence of the Initial Revolving Loan Maturity Date shall have no effect upon (and shall not diminish) the percentage participations of the Revolving Lenders under the Revolving Loan Commitments in any Letter of Credit issued before the Initial Revolving Loan Maturity Date.

• Except to the extent of reallocations of participations pursuant to the prior sentence, the occurrence of the Initial Revolving Loan Maturity Date with respect to a given Tranche of Commitments shall have no effect upon (and shall not diminish) the percentage participations of the Lenders under a Tranche in any Letter of Credit under such Tranche issued before the Initial Revolving Loan Maturity Date.

• Except to the extent of reallocations of participations pursuant to the prior sentence, the occurrence of the Initial Revolving Loan Maturity Date with respect to a given Tranche of Revolving Loan Commitments shall have no effect upon (and shall not diminish) the percentage participations of the Lenders under a Tranche in any Letter of Credit under such Tranche issued before the Initial Revolving Loan Maturity Date.

• The Borrower may, by written notice to the Administrative Agent (such notice, a “Revolving Loan Extension Notice”) at least 30 days prior to the Initial Revolving Loan Maturity Date, but no more than 90 days prior to the Initial Revolving Loan Maturity Date, request that the Revolving Lenders extend the Revolving Loan Maturity Date for a period of 12 months from the Initial Revolving Loan Maturity Date.

• Each Letter of Credit shall (i) be denominated in Dollars, and (ii) expire no later than the earlier to occur of (A) the fifth (5th) Business Day prior to the Initial Revolving Loan Maturity Date or (B) one (1) year after its date of issuance (but may contain provisions for automatic renewal; provided that no Default or Event of Default exists on the renewal date or would be caused by such renewal).

More Definitions of Initial Revolving Loan Maturity Date

Initial Revolving Loan Maturity Date means the earlier to occur of (a) August 14, 2020 and (b) the date on which the aggregate amount of Incremental Term Loans and/or Incremental RL Commitments incurred or obtained by the Borrower in reliance on clause (I) of the definition of “Maximum Incremental Commitment Amount” since the Second Amendment Effective Date exceeds $20,000,000.

Initial Revolving Loan Maturity Date means March 24, 2022May 30, 2023; provided that if, on the date that is 91 days prior to the maturity date of any of the 2020/2022 Senior Notes, all of the 2020/2022 Senior Notes that mature on such maturity date have not been (a) repaid in full, (b) amended to extend the final maturity date thereof to a date that is more than 90 days after the Initial Revolving Loan Maturity Date or (c) refinanced with other senior notes with a final maturity date that is more than 90 days after the Initial Revolving Loan Maturity Date, then the Initial Revolving Loan Maturity Date will be the date that is 91 days prior to the earliest maturity date of any such 2020/2022 Senior Notes which remain outstanding.

Initial Revolving Loan Maturity Date means the earlier to occur of (a) January 2, 2026, or (b) such date as payment of the Initial Revolving Loans shall be due (whether by acceleration, reduction of the Initial Revolving Loan Commitment to zero or otherwise).”

Initial Revolving Loan Maturity Date means July 28, 2016; provided that, if the Senior Notes have not been refinanced in full on or before July 7, 2016, the Initial Revolving Loan Maturity Date instead shall be July 7, 2016.

Initial Revolving Loan Maturity Date means May 30November 9, 20232026 ; provided that if, on the date that is 91 days prior to the maturity date of any of the 20222025 Senior Notes or the 2026 Senior Secured Notes, as applicable, all of the 20222025 Senior Notes or 2026 Senior Secured Notes, as applicable, that mature on such maturity date have not been (a) repaid in full, (b) amended to extend the final maturity date thereof to a date that is more than 90 days after the Initial Revolving Loan Maturity Date or (c) refinanced with other senior notes with a final maturity date that is more than 90 days after the Initial Revolving Loan Maturity Date, then the Initial Revolving Loan Maturity Date will be the date that is 91 days prior to the earliest maturity date of any such 20222025 Senior Notes or 2026 Senior Secured Notes, as applicable, which remain outstanding (such earlier date, the “Springing Revolver Maturity Date”); provided, however, that, solely with respect to the 2026 Senior Secured Notes, no Springing Revolver Maturity Date shall be deemed to have occurred if on the Springing Revolver Maturity Date and at all times following the Springing Revolver Maturity Date until the 2026 Senior Secured Notes are repaid in full, amended to extend the final maturity date thereof to a date that is more than 90 days after the Initial Revolving Loan Maturity Date or refinanced with other senior notes with a final maturity date that is more than 90 days after the Initial Revolving Loan Maturity Date, Silgan maintains Liquidity of not less than an amount equal to 100% of the outstanding principal amount of the 2026 Senior Secured Notes.

Initial Revolving Loan Maturity Date means May 30, 2023; provided that if, on the date that is 91 days prior to the maturity date of any of the 2022 Senior Notes, all of the 2022 Senior Notes that mature on such maturity date have not been (a) repaid in full, (b) amended to extend the final maturity date thereof to a date that is more than 90 days after the Initial Revolving Loan Maturity Date or (c) refinanced with other senior notes with a final maturity date that is more than 90 days after the Initial Revolving Loan Maturity Date, then the Initial Revolving Loan Maturity Date will be the date that is 91 days prior to the earliest maturity date of any such 2022 Senior Notes which remain outstanding.

Initial Revolving Loan Maturity Date means January 14, 2019. “Initial Term Loan Maturity Date” shall mean January 14, 2020.