Maturity Date Extension definition

Maturity Date Extension has the meaning specified in Section 2.14(a).

Maturity Date Extension is defined in Section 2.02(a).

Maturity Date Extension. If the Insured is alive on the original Maturity Date of the policy, you may extend the Maturity Date. Unless you elect otherwise, the Maturity Date will be extended until the date the Insured dies and the following will apply:

Examples of Maturity Date Extension in a sentence

• If Lenders constituting the Required Lenders shall have agreed to a Borrower Maturity Date Extension Request, then the Maturity Date with respect to the applicable Borrower shall, as to both the Consenting Lenders and the Declining Lenders, be extended to the date 364 days after the Existing Maturity Date with respect to such Borrower; provided, that the Maturity Date with respect to a Borrower shall in no event be extended beyond the Commitment Termination Date.

• Each Lender shall, by notice to such applicable Borrower and the Agent given not later than the 20th day after the date of the Agent’s receipt of such Borrower’s Borrower Maturity Date Extension Request, advise such applicable Borrower whether or not it agrees to the requested extension (each Lender agreeing to a requested extension being called a “Consenting Lender” and each Lender declining to agree to a requested extension being called a “Declining Lender”).

• Under the general terms agreed to between the Company and Xxxxx, in consideration for the 2001/2002 Bridge Loan Maturity Date Extension, the Company would issue common stock purchase warrants to Xxxxx to purchase an aggregate of approximately 1,733,000 shares of the Company's common stock, representing 100,000 shares of the Company's common stock for each $1,000,000 in bridge financing provided under the 2001/2002 Xxxxx Bridge Loans for each 90 days of maturity date extension through January 1, 2003.

• The completion of the transaction contemplated by each of the 2001/2002 Bridge Loan Maturity Date Extension and the 2002 Xxxxx Bridge Loan Commitment is subject to the Company's receipt of the consent of each of Xxxxxx and the holders of the Company's outstanding debentures.

More Definitions of Maturity Date Extension

Maturity Date Extension has the meaning set forth in Section 2.3(g).

Maturity Date Extension has the meaning ascribed thereto in Section 2.5.

Maturity Date Extension has the meaning assigned to such term in Section 2.19(a).

Maturity Date Extension shall have the meaning set forth in the definition of Maturity Date.

Maturity Date Extension means the holders of Notes representing at least two-thirds (2/3) of the aggregate principal amount of the then outstanding Notes that are of the same Series as this Note, have (A) received a notice from the Company no earlier than sixty (60) days, and no later than thirty (30) days prior to [INSERT THE DATE THAT IS 30 MONTHS AFTER THE ISSUANCE DATE] (which notice the Company may deliver on only one occasion with respect to such Series of Notes), requesting the holders of such Series of Notes to extend the Fixed Maturity Date by twelve (12) months and (B) within ten (10) Business Days of receipt of the notice described in clause (A) (such 10-Business-Day

Maturity Date Extension means, if the Collateral has not redeemed in full in accordance with its terms and conditions, on the Scheduled Maturity Date, the Notes will remain outstanding until the earlier of (a) the date on which all of the Collateral has been redeemed in full and (b) the Final Maturity Date.

Maturity Date Extension means the holders of Notes representing at least two-thirds (2/3) of the aggregate principal amount of the then outstanding Notes that are of the same Series as this Note, have (A) received a notice from the Company no earlier than sixty (60) days, and no later than thirty (30) days prior to September 17, 2008 (which notice the Company may deliver on only one occasion with respect to such Series of Notes), requesting the holders of such Series of Notes to extend the Fixed Maturity Date by twelve (12) months and (B) within ten (10) Business Days of receipt of the notice described in clause (A) (such 10-Business-Day Period, the “Response Period”), agreed in writing to extend the Maturity Date of all the Notes of such Series by twelve (12) months, (provided that, for the avoidance of doubt, if the Company does not receive such written agreement within the Response Period from the requisite holders of the Notes of such Series, such requested extension shall be deemed denied and the Fixed Maturity Date shall not be extended); provided, however, that the Company shall not have the right to request a Maturity Date Extension, and the holders of Notes shall not grant or be deemed to have granted a Maturity Date Extension, and the Fixed Maturity Date shall not be or be deemed to be extended unless and until a Six Month Redemption/Conversion shall have occurred.”