Second Extension Maturity Date definition

Second Extension Maturity Date has the meaning set forth in Section 2.4(b).
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Second Extension Maturity Date means either:
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Second Extension Maturity Date means April 9, 2023.
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Examples of Second Extension Maturity Date in a sentence

  • In the event Borrower shall have exercised the First Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Second Extension Option”) to extend the Maturity Date until the Second Extension Maturity Date.

  • Borrower shall, as a condition to Borrower exercising its right to extend the term of the Loan for each Extension Period, purchase a new Interest Rate Protection Agreement having a term ending not earlier than the First Extension Maturity Date or the Second Extension Maturity Date, as applicable, and having a strike price equal to the Capped Benchmark Rate.

  • In the event Borrower shall have exercised the First Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Second Extension Option”, together with the First Extension Option, each an “Extension Option”) to extend the Maturity Date until the Second Extension Maturity Date.

  • In the event Borrower shall have exercised the Second Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Third Extension Option” and, together with the First Extension Option and the Second Extension Option, each an “Extension Option”) to extend the Second Extension Maturity Date until the Third Extension Maturity Date.

  • In the event Borrower shall have exercised the First Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Second Extension Option” to extend the First Extension Maturity Date until the Second Extension Maturity Date.

  • The Borrower shall be entitled to extend the Maturity Date for up to four (4) one (1) year extensions; provided that (i) no Event of Default then exists, and (ii) the Borrower gives the Holder, at least ninety (90) days prior to the initial Maturity Date, the First Extension Maturity Date, the Second Extension Maturity Date, the Third Extension Maturity Date or the Fourth Extension Maturity Date, as the case may be, written notice of such extension.

  • Subsequent failure or a failure to improve while on OC CW’s warning will render the RMYO liable to Comdt’s Warning.


More Definitions of Second Extension Maturity Date

Second Extension Maturity Date and the applicable period being, the “Second Extension Period”), subject to the satisfaction of the following conditions:
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Second Extension Maturity Date means the date that is one (1) year from the First Extension Maturity Date.
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Second Extension Maturity Date means July 5, 2028. “Second Extension Option” shall have the meaning set forth in Section 2.3.2(b). “Severed Loan Documents” shall have the meaning set forth in Section 10.2(e). “Short Interest” shall have the meaning set forth in Section 2.4.1. “Shortfall” shall have the meaning set forth in Section 2.6.4. “Single Member Delaware LLC” shall mean a single member limited liability company formed under Delaware law which (i) has at least one springing member, which, upon the dissolution of all of the single member or the withdrawal or the disassociation of the single member from such limited liability company, shall immediately become the sole member of such limited liability company, and (ii) complies with the terms and provisions of Section 3.1.24(cc). “SOFR” means, with respect to any day, the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, -38- (or a successor administrator) on the Federal Reserve Bank of New York’s Website, provided that in no event shall SOFR be less than zero. “SOFR Rate Loan” means the Loan at such time as interest thereon accrues at a per annum rate of interest equal to the “Applicable Interest Rate” if the Benchmark thereunder is Term SOFR. “SPC Party” shall mean, if Borrower is a limited partnership or a limited liability company (other than a Single Member Delaware LLC), each general partner or managing member of Borrower. “Special Member” shall have the meaning set forth in Section 3.1.24(cc)(i). “Special Purpose Bankruptcy Remote Entity” shall mean a corporation, limited liability company or limited partnership which, at all times, complies with the requirements set out in Section 3.1.24. “Sponsor” shall mean Guarantor. “Spread Maintenance Premium” shall mean, in connection with a prepayment of all or any portion of the Outstanding Principal Balance of the Loan, the Building Loan and the Supplemental Building Loan pursuant to the terms hereof, the Building Loan Agreement or the Supplemental Building Loan Agreement, respectively, an amount equal to the present value, discounted at Benchmark on the most recent Determination Date of all future installments of interest which would have been due hereunder through and including the Open Prepayment Date, on the portion of the Outstanding Principal Balance of the Loan, the Building Loan and the Supplemental Building Loan being prepaid as if interest accrued on such portion of the principal balance b...
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Second Extension Maturity Date means November 1, 2007.
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Second Extension Maturity Date has the meaning set forth in Section 2.12.
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Second Extension Maturity Date means September 30, 2025, the term “Third Extension Maturity Date” means September 30, 2026 and the term “Fourth Extension Maturity Date” means September 30, 2027. If Borrower extends the Maturity Date as set forth in this Section 2(b), the payments shall continue to be made quarterly by the Borrower and the Borrower shall execute and deliver any and all documents requested by the Holder to reflect the updated quarterly payment amounts hereunder and the interest rate accrual percentage(s).
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Related to Second Extension Maturity Date

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

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

  • 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.

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

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

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

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

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

  • 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.

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

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

  • 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.

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

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • 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.

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

  • Revolving Maturity Date means the date which is five years after the Closing Date or, if such date is not a Business Day, the first Business Day thereafter.

  • Term Loan Maturity Date means April 1, 2026.

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

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

  • 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 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.

  • 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.

  • 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.

  • 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.