LOC Loan Maturity Date definition

LOC Loan Maturity Date means the earlier of (i) the date which is five (5) years from the Termination Date for the LOC Loan Letters of Credit and (ii) the date on which all outstanding LOC Loans shall become due and payable pursuant to Section 6.2(a).

Examples of LOC Loan Maturity Date in a sentence

  • Any remaining principal amounts outstanding shall be due and payable on the LOC Loan Maturity Date.