Initial Term Maturity Date definition

Initial Term Maturity Date means the date that is seven years after the Amendment and Restatement Effective Date, as the same may be extended pursuant to Section 2.22.

Initial Term Maturity Date means July 26, 2031.

Initial Term Maturity Date means the seventh anniversary of the Effective Date; provided that if such date is not a Business Day, the “Initial Term Maturity Date” will be the next Business Day immediately following such date.

Examples of Initial Term Maturity Date in a sentence

• To the extent not previously paid, all Initial Term Loans shall be due and payable on the Initial Term Maturity Date.

• Provided, however, Lender may at its sole discretion, reset the interest rate on the Loan to a new rate (the “Reset Rate”) to be effective after the Initial Term Maturity Date if the Maturity Date is extended as provided herein.

• To the extent not previously paid, outstanding Initial Term Loans shall be due and payable on the Initial Term Maturity Date.

• Upon receipt of notice of the Reset Rate from Lender, Borrower may either accept the Reset Rate unconditionally or repay the Loan in full on or before the Initial Term Maturity Date.

• Unless Borrower so accepts the Reset Rate, the Loan shall be due and payable, in full, without prepayment premium, on the Initial Term Maturity Date.

More Definitions of Initial Term Maturity Date

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

Initial Term Maturity Date means February 12, 2025 (or, if such day is not a Business Day, the immediately preceding Business Day) (or, with respect to any Initial Term Lender that has the maturity date of its Initial Term Loans extended pursuant to a Permitted Amendment, the extended maturity date set forth in any such Loan Modification Agreement).

Initial Term Maturity Date means the sixth anniversary of the Effective Date.

Initial Term Maturity Date means February 21, 2021, as the same may be extended pursuant to Section 2.14.

Initial Term Maturity Date means October 4, 2011.

Initial Term Maturity Date has the meaning assigned to such term in the definition of “Term Maturity Date”.

Initial Term Maturity Date means the fifth anniversary of the Closing Date, provided that if on any date that is 91 days prior to the final scheduled maturity date of any series of Convertible Notes, the aggregate principal amount of such maturing series of Convertible Notes that are outstanding on such date exceeds the Springing Maturity Threshold Amount as of such date, the Initial Term Maturity Date shall automatically be modified to be the date that is 91 days prior to the final scheduled maturity date of such maturing series of Convertible Notes.