Senior Loan Maturity Date definition
Examples of Senior Loan Maturity Date in a sentence
The Total Revolving Credit Commitment shall terminate on the Final Senior Loan Maturity Date.
The Revolving Credit Commitment of each Senior Lender shall automatically and permanently be reduced to zero on the Final Senior Loan Maturity Date.
Within the foregoing limits, Allied Systems may borrow, repay and reborrow, on or after the Effective Date and prior to the Final Senior Loan Maturity Date, subject to the terms, provisions and limitations set forth herein.
Upon the occurrence of the Senior Loan Maturity Date, the acceleration of the Obligations or the occurrence of a Default or an Event of Default under Section 10.05, the Credit Parties, the Administrative Agent, the Collateral Agent and each other Secured Creditor agree that all payments on account of the Obligations (including all collections on any Collateral) shall be applied pursuant to Section 7.4 of the Security Agreement.