Examples of Revolving Commitment Maturity Date in a sentence
To the extent not otherwise required to be paid earlier as provided herein, the principal amount of the Revolving Credit Advances shall be due and payable on the Revolving Commitment Maturity Date.
For the avoidance of doubt, on the 2015 Revolving Commitment Maturity Date, all 2015 Loans outstanding on such date shall be paid in full and on the 2018 Revolving Commitment Maturity Date, all 2018 Loans outstanding on such date shall be paid in full.
On the Revolving Commitment Maturity Date, the Revolving Credit Commitment shall automatically reduce to zero.
On the 2015 Revolving Commitment Maturity Date, all risk participations with respect to Letters of Credit issued on or prior to the 2015 Revolving Commitment Maturity Date pursuant to Section 2.20(e) shall be reallocated to the 2018 Lenders in accordance with their pro rata share of the remaining Revolving Commitments; provided that such reallocation shall only be effected to the extent that it would not result in the Total Exposure of any 2018 Lender exceeding such Lender’s 2018 Revolving Commitment.
No Letter of Credit shall have an expiration date (including all rights of renewal) later than 15 days prior to the Revolving Commitment Maturity Date.