Examples of Initial Scheduled Maturity Date in a sentence
In no event shall the Initial Scheduled Maturity Date or the First Extended Maturity Date, as applicable, be extended with respect to the Commitments, Loans or any other right or obligations hereunder of any Lender or Issuer without the prior written consent of such Lender or Issuer to such extension.
On the date of the extension of the Initial Scheduled Maturity Date, the Borrower shall pay to the Administrative Agent for the account of each Tranche A Lender a fee in cash equal to 0.50% of the sum of such Tranche A Lender’s Tranche A Loans and Tranche A Commitments (the “Extension Fee”).
So long as no Default or Event of Default exists under the Loan Documents, and so long as the Extension Conditions are satisfied by Borrower, Borrower may elect to extend the Initial Scheduled Maturity Date for any available Extension Period.
On the date of the extension of the Initial Scheduled Maturity Date, the Borrower shall pay to the Administrative Agent for the account of each Tranche A Lender a fee in cash equal to 0.50% of the sum of such Tranche A Lender’s Tranche A Loans and Tranche A Commitments (the “Extension Fee”).(d) Yield-Enhancement Payment.
Once the Third Amendment is executed and effective, it will also provide that, at LATAM’s request, the lenders of the Tranche A Facility and the Tranche B Facility consent to the extension of the Initial Scheduled Maturity Date until June 30, 2022.