Matured Loan definition
Examples of Matured Loan in a sentence
The Borrower shall repay the outstanding principal amount of each Matured Loan and the interest accrued thereon on its Maturity Date, and prepay the outstanding principal amount of each other Loan and the interest accrued thereon to the extent of funds are available under the relevant Priority of Payments, on each relevant Settlement Date in accordance with Section 2.8 (and subject to the occurrence of any Extended Settlement Date in accordance with Section 2.8(a)).
Borrower shall repay the outstanding principal amount of each Matured Loan and the interest accrued thereon on its Maturity Date, and prepay the outstanding principal amount of each other Loan and the interest accrued thereon to the extent funds are available under the Priority of Payments, on each relevant Settlement Date in accordance with Section 2.8 (and subject to the occurrence of any Extended Settlement Date in accordance with Section 2.8(a)).