Loan Maturity definition

Loan Maturity. Maturity Date (as defined in the Note).
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Loan Maturity means the date when the Loan will mature and all Obligations hereunder will be due and payable by Borrower to Lender.
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Loan Maturity. With respect to the Original Loans, March 31, 2008. With respect to the Additional Loans, May 31, 2008.
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Examples of Loan Maturity in a sentence

  • Any dividends received on account of the Collateral shall be credited to the Borrower’s account at the Custodial Broker against the Principal at Loan Maturity.

  • Each such prepayment of the Term Loan shall be applied against the remaining installments of principal due on the Term Loan in the inverse order of maturity (for the avoidance of doubt, any amount that is due and payable on the Term Loan Maturity Date shall constitute an installment).

  • Notwithstanding the foregoing, (x) such Tranche B-4-5 Term Loan quarterly payments shall be reduced in connection with any voluntary or mandatory prepayments of the Tranche B-4-5 Term Loans in accordance with Section 2.9 or 2.10, as applicable; and (y) the Tranche B-4-5 Term Loans, together with all other amounts owed hereunder with respect thereto, shall in any event be paid in full no later than the Tranche B-4-5 Term Loan Maturity Date.

  • To the extent not previously paid, all Term Loans (including for the avoidance of doubt any Incremental Term Loans) shall be due and payable on the Term Loan Maturity Date, together with accrued and unpaid interest on the principal amount to be paid to but excluding the date of payment.

  • The outstanding unpaid principal amount of the Term Loan, and all accrued and unpaid interest thereon, shall be due and payable on the earliest of (i) the termination of the credit facility provided for hereunder, (ii) the Term Loan Maturity Date and (iii) the date on which the Term Loan is declared due and payable pursuant to the terms of this Agreement.

  • It is hereby acknowledged and agreed that, as of the Fourth Amendment Effective Date, all amortization payments required under this Section 2.3 prior to the Tranche B-4 Term Loan Maturity Date have been paid in full, and no quarterly principal payments of Tranche B-4 Term Loans (including, for the avoidance of doubt, Fourth Amendment Incremental Term Loans) pursuant to this Section 2.3 shall be required after the Fourth Amendment Effective Date.

  • The Term Loan may be prepaid in whole or in part at any time subject to Section 2.2(c), but shall be due in full on the Term Loan Maturity Date, unless the credit extended under the Term Loan is otherwise accelerated, terminated or extended as provided in this Agreement.

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

  • Such non-utilization fee shall be (i) calculated on the basis of a year consisting of 360 days, (ii) paid for the actual number of days elapsed, and (iii) payable quarterly in arrears on the last day of each March, June, September and December, commencing on December 31, 2020, and on the Revolving Loan Maturity Date.

  • Any Term Loan Advances that are outstanding on the Interest Only End Date shall be payable in equal monthly installments of principal, plus all accrued interest, beginning on the date one (1) month following the Interest Only End Date, and continuing on the same day of each month thereafter through the Term Loan Maturity Date, at which time all amounts owing under this Section 2.1(b) and any other amounts owing under this Agreement shall be immediately due and payable.


More Definitions of Loan Maturity

Loan Maturity means the time at which Borrower is required to pay the Loan in full, whether by acceleration or by expiration of the term of the Loan.
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Related to Loan Maturity

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Revolving Loan Maturity Date means June 15, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B-1 Loans, the Term B-1 Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Latest Term Loan Maturity Date means, as of any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Maximum Maturity means an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years);

  • Final Maturity has the meaning specified in Section 308.

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.