Examples of Refinance Term Loan Maturity Date in a sentence
All remaining principal and accrued and unpaid interest outstanding on the Refinance Term Loan is due and payable on the Refinance Term Loan Maturity Date.
The Refinance Term Loan shall immediately amortize and be payable in equal payments of principal, plus all accrued and unpaid interest, beginning on November 1, 2010 and continuing on the first (1st) day of each month thereafter through the Refinance Term Loan Maturity Date.
All Obligations outstanding hereunder as of the Refinance Term Loan Maturity Date with respect to the Refinance Term Loan shall be immediately due and payable on the Refinance Term Loan Maturity Date.
This Agreement may be terminated prior to the Maturity Date or the Refinance Term Loan Maturity Date as follows: (i) by Borrower, effective three (3) Business Days after written notice of termination is given to Bank; or (ii) by Bank at any time after the occurrence of an Event of Default, without notice, effective immediately.
On the Refinance Term Loan Maturity Date, all amounts owing under this Section 2.1(c) shall be immediately due and payable.
The principal balance of this Term Loan shall be paid in accordance with the terms of the Loan Agreement provided that, in any event, the unpaid principal and all accrued and unpaid interest outstanding under this Refinance Term Loan shall be repaid in full on the Refinance Term Loan Maturity Date.
Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Maturity Date or the Refinance Term Loan Maturity Date).
Borrower may make such Interest Elections at any time and from time to time, without penalty, except as otherwise provided in the Loan Documents; provided, that Borrower may not elect an interest rate in which the related Interest Period for such interest rate would extend beyond the Refinance Term Loan Maturity Date.
Borrower will pay to Lender on the first day of the first calendar quarter following the Closing Date, and on the first day of each calendar quarter thereafter, through and including the Refinance Term Loan Maturity Date, equal quarterly principal payments of $833,333.33 plus accrued interest (consisting of 24 quarterly payments) with a balloon payment on the Refinance Term Loan Maturity Date.