Second Term Loan Maturity Date definition

Second Term Loan Maturity Date means June 1, 2007.

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Second Term Loan Maturity Date means the earlier of: (1) the date of closing of the issuance of additional equity of Borrower, other than with regard to the Chase Transaction, if the net proceeds of such issuance are sufficient to repay in full the Second Term Loan; (2) the date of closing of the issuance of convertible subordinated debt of Borrower, other than with regard to the Chase Transaction, if the proceeds of such issuance are sufficient to repay in full the Second Term Loan; (3) the date of repayment of the Revolving Loan and the termination of the Revolving Commitment; and

Second Term Loan Maturity Date means the earlier of: (1) the date of closing of the issuance of additional equity of Borrower if the proceeds of such issuance is sufficient to repay the Second Term Loan; (2) the date of closing of the issuance of convertible subordinated debt of Borrower if the proceeds of such issuance is sufficient to repay the Second Term Loan; (3) the date of repayment of the Revolving Loan; and

Examples of Second Term Loan Maturity Date in a sentence

The Second Term Loan shall be payable in full on the Second Term Loan Maturity Date, together with all accrued and unpaid interest thereon and all other amounts due and owing with respect thereto subject to acceleration upon the occurrence of an Event of Default or termination of this Agreement.
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) day grace period shall not apply to payments due on the Revolving Line Maturity Date, Term Loan Maturity Date, Second Term Loan Maturity Date and Third Term Loan Maturity Date).
Interest on the Second Term Note, calculated as aforesaid in Section 2.04, shall be repaid by Borrower in monthly installments on the first day of each month following the advance from Bank to Borrower pursuant to Section 2.22, through and including the Second Term Loan Maturity Date, when the entire unpaid balance of the Second Term Note, inclusive of principal and interest, shall be paid in full.
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) day grace period shall not apply to payments due on the Revolving Line Maturity Date, Term Loan Maturity Date and Second Term Loan Maturity Date).
The principal amount of the Second Term Loan which is outstanding on the Second Term Loan Maturity Date shall be then immediately due and payable in full, plus all accrued and unpaid interest, together with all amounts owing under this Section 2.l(f).

More Definitions of Second Term Loan Maturity Date

Second Term Loan Maturity Date means May ___, 2006, unless extended by Bank pursuant to any modification, extension or renewal by Borrower and accepted by Bank in its sole and absolute discretion in substitution for the Second Term Note.

Second Term Loan Maturity Date is October 1, 2012.

Second Term Loan Maturity Date means June 30, 2004.

Second Term Loan Maturity Date means June 3, 2009.

Second Term Loan Maturity Date means the Third Amendment Closing Date.

Second Term Loan Maturity Date means July 22, 2006.

Second Term Loan Maturity Date means January 10, 2004.