Examples of Initial Term Maturity Date in a sentence
Borrower shall pay to Administrative Agent, for the benefit of each Term Lender in accordance with its Applicable Term Percentage as of the effective date of the extension, an additional non-refundable commitment fee in the amount of 0.125% of the sum of the Term Commitments (the “ Term Extension Fee”) in consideration for their Term Commitments, which Term Extension Fee shall be due with respect to the Term Extension Option and payable not later than the Initial Term Maturity Date.
The difference is statistically marginal(χ2 = 50.8, p < .001).(F1,97= 7.6, p < .09).
Pursuant to provision of section 178 (5) of the Companies act 2013, the Stakeholder Relationship Committee consists of three Members, Mr. Chirag Panchal (designated as chairman of the committee), Mr. Sunil Raghu and Mr. Rajesh Patel.
Administrative Agent shall have received written notice of Borrower’s election to exercise the Term Extension Option at least thirty (30) but no more than one hundred twenty (120) days before the Initial Term Maturity Date.
There shall exist no Default or Event of Default at the time Borrower elects to exercise the Term Extension Option or on the Initial Term Maturity Date.