Maturity Date Extension definition

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

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

Maturity Date Extension has the meaning assigned to such term in Section 2.21(a).

Examples of Maturity Date Extension in a sentence

• The decision to agree or withhold agreement to any Maturity Date Extension Request shall be at the sole discretion of each Lender.

• If Lenders constituting the Required Lenders shall have agreed to a Maturity Date Extension Request, then the Maturity Date shall, as to the Consenting Lenders, be extended to the first anniversary of the Maturity Date theretofore in effect.

• Each Lender shall, by notice to the Borrower and the Administrative Agent given not later than the 20th day after the date of the Agent’s receipt of the Borrower’s Maturity Date Extension Request, advise the 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”).

• The Maturity Date Extension shall be effective on the Maturity Extension Notice Date and, as of such date, the term “Maturity Date” herein shall mean the New Maturity Date.

• Notwithstanding the foregoing provisions of this paragraph, the Borrower shall have the right, pursuant to Section 9.04, at any time prior to the Existing Maturity Date, to replace a Declining Lender with a Lender or other financial institution that will agree to a Maturity Date Extension Request, and any such replacement Lender shall for all purposes constitute a Consenting Lender.

More Definitions of Maturity Date Extension

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:

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 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 THIRD ANNIVERSARY OF 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 Period, the "RESPONSE PERIOD"), agreed in writing to extend the Maturity Date of all the

Maturity Date Extension means an extension determined in accordance with Credit Linked Additional Condition 3 (Maturity Date Extension).

Maturity Date Extension. As consideration for extending the Maturity Date to June 30, 2018 (the “June Maturity Date”), the Company shall be obligated to pay to the Group an additional one percent (1%) extension fee of $30,000, payable on or before the June Maturity Date.. Such extension fee shall be on a pro rata basis to each of you, based on your investment relative to the other members of the Group, as more fully detailed on Schedule A attached hereto. In addition, interest on the Senior Debentures shall continue to accrue at the rate of eleven percent (11%) through the June Maturity Date and shall be payable on or before the June Maturity Date.