Operating Facility Maturity Date definition

Operating Facility Maturity Date means the date which is the first anniversary of the Operating Facility Term Out Date.
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Operating Facility Maturity Date means, as of any date, the date that is two years after the then current Conversion Date for the Operating Facility.
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Operating Facility Maturity Date means, subject to extension in accordance with Section 2.7, February 25, 2024, or if such day is not a Banking Day, the immediately preceding Banking Day.
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Examples of Operating Facility Maturity Date in a sentence

  • No Interest Period may be selected under the Operating Facility which would end on a day after the Operating Facility Maturity Date, or under the Acquisition Facility which would end on a day after the Acquisition Facility Maturity Date.

  • All Outstandings under the Operating Facility, together with all unpaid interest, fees and other amounts owing to the Lenders under or in respect of this Agreement shall be paid by the Operating Borrower on the Operating Facility Maturity Date, for the account of the Lenders, and the Commitments of the Lenders in respect of the Operating Facility reduced to nil.

  • Fees determined in accordance with this Section 4.6(b) shall accrue daily from the first day of each Fiscal Quarter until the last day of each Fiscal Quarter and be payable quarterly in arrears on the fifth Banking Day of each Fiscal Quarter and following receipt of a written notice from the Agent setting out the amount of such fee, until the earlier of (i) cancellation in full of the undrawn portion of the Operating Facility and (ii) the Operating Facility Maturity Date.

  • Subject to this Agreement, the Operating Lender hereby agrees to establish in favour of the Borrower a revolving credit facility (such facility, the “Operating Facility”) in a maximum aggregate principal amount not to exceed the Operating Commitment (or the Equivalent Amount in US Dollars), to be made available in accordance with this Agreement until the Operating Facility Maturity Date.

  • The Borrower shall not request in an Accommodation Request a term for Bankers’ Acceptances which would end on a date subsequent to the Operating Facility Maturity Date or that would conflict with any repayment stipulated herein.

  • The Borrower shall repay all Outstandings under or in respect of (i) the Revolving Facility, on the Revolving Facility Maturity Date, (ii) the Term Loan Facility, on the Term Loan Facility Maturity Date and (iii) the Operating Facility, on the Operating Facility Maturity Date, except in each case to the extent any such amounts are otherwise required under this Agreement to be paid or repaid on or prior to an earlier date.

  • Fees determined in accordance with this Section shall accrue daily from and after the date hereof and be payable by the Borrower quarterly in arrears and on cancellation in full of the Operating Facility and on the Operating Facility Maturity Date.

  • Letters of Credit issued under the Operating Facility shall be in a form satisfactory to the Operating Lender, acting reasonably, and shall have an expiration date not in excess of one year from the date of issue and, in any event, not later than the then current Operating Facility Maturity Date.

  • All Outstandings under the Operating Facility, together with all unpaid interest, fees and other amounts owing to the Lenders under or in respect of this Agreement shall be paid by the Operating Borrowers on the Operating Facility Maturity Date, for the account of the Lenders, and the Commitments of the Lenders in respect of the Operating Facility reduced to nil.

  • Each of the Revolving Syndicated Facility Maturity Date, the Operating Facility Maturity Date and the U.S. Facility Maturity Date is hereby extended to June 4, 2019, without derogating from the right of the Borrowers to further extend such date with respect to a given Lender in accordance with Sections 2.19, 2.20 or 2.21, as applicable, of the Credit Agreement.


More Definitions of Operating Facility Maturity Date

Operating Facility Maturity Date means, in respect of the Obligations owing to the Operating Lender under the Operating Facility, the fourth anniversary of the date hereof or such later date to which the same may be extended in accordance with Section 2.20.
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Operating Facility Maturity Date means initially June 28, 2027, unless such date is extended pursuant to Section 3.3 by the Operating Lender, in which case it shall be the date as so extended; provided that, if any Second Lien Debt or Specified Unsecured Debt (including, for certainty, the 2026 Notes, the 2029 Notes and any Refinancing Specified Unsecured Debt) remains outstanding on the date (each, an "Operating Facility Springing Maturity Date") which is 90 days prior to earliest maturity date or scheduled repayment or amortization date of any such Debt (other than, and disregarding for such purpose, the dates of any Minor TLB Amortization), then the Operating Facility Maturity Date shall be deemed to be the Operating Facility Springing Maturity Date;
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Operating Facility Maturity Date means October 5, 2021 or, if such day is not a Business Day, the immediately preceding Business Day, subject to extension in accordance with Section 2.13.
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Operating Facility Maturity Date means May 31, 2025."
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Operating Facility Maturity Date means July 1, 2024 (or such later date to which the same may be extended from time to time in accordance with Section 2.20).
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Operating Facility Maturity Date in Section 1.1(dm) of the Credit Agreement is amended by deleting “two years” therefrom and substituting “one year”.
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Related to Operating Facility Maturity Date

  • Facility Maturity Date means the earliest of (a) the Business Day designated by the Borrower to the Lender pursuant to Section 2.16(b) to terminate this Agreement, (b) the Stated Maturity or (c) the date on which the Facility Maturity Date is declared (or is deemed to have occurred automatically) pursuant to Section 7.01.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, August 3, 2020 and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Extended Maturity Date has the meaning specified in Section 2.17(a).

  • Equipment Maturity Date is defined in Section 2.1.1.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • Class B Maturity Date means the January 2040 Distribution Date.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Final Maturity Date means, with respect to each Tranche of Securitization Bonds, the final maturity date therefor as specified in the Series Supplement.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Applicable Maturity Date has the meaning assigned to such term in Section 2.25(a).

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Term Loan Maturity Date means April 1, 2026.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Tranche A Term Loan Maturity Date means the earlier of (i) the fifth anniversary of the Closing Date and (ii) with respect to the Foreign Tranche A Term Loans or the U.S. Tranche A Term Loans, as applicable, the date on which all such Tranche A Term Loans shall become due and payable in full hereunder, whether by acceleration or otherwise.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Term B Maturity Date means May 17, 2030.

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.