Examples of Scheduled Term Loan Maturity Date in a sentence
The Company will not be permitted to elect any LIBOR-based Rate for a period extending beyond the Scheduled Term Loan Maturity Date.
On or prior to the Scheduled Term Loan Maturity Date, Borrowers may repay the Term Loan in full, together with all accrued and unpaid interest thereon, from proceeds of Revolving Loans up to an amount such that Availability is not less than $5,000,000 after giving effect to such repayment.
The Borrower promises to repay the entire unpaid principal amount of the Loans advanced to the Borrower on the Scheduled Term Loan Maturity Date.
If the outstanding principal amount of the Term Loan, together with accrued and unpaid interest thereon, is not paid on the Scheduled Term Loan Maturity Date (or such earlier date when due), Agent may make demand under that certain Corporate Guaranty executed in favor of Agent on October 31, 2008 in addition to any other rights and remedies Agent may exercise under this Agreement and the Other Agreements.
In no event shall the Term Loan be prepaid prior to the Scheduled Term Loan Maturity Date without Agent’s prior written consent, except in connection with a permanent prepayment of all the Liabilities and termination of all Revolving Loan Commitments.