Matured Loan definition

Matured Loan collectively, any Matured FRBNY Loan or Matured Operating
Matured Loan for any Settlement Date any Loan (including any matured Operating Loan) for which the Maturity Date has occurred on or prior to such Settlement Date but which has not yet been repaid in full.

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)).