Spread Maintenance End Date definition

Spread Maintenance End Date means, the Payment Date occurring in April, 2014.

Spread Maintenance End Date means November 8, 2021.

Spread Maintenance End Date means the Payment Date occurring in July, 2018. With respect to any prepayment made after the Payment Date in June, 2018, but prior to the Spread Maintenance End Date, the amount of the Spread Maintenance Payment shall be zero.

Examples of Spread Maintenance End Date in a sentence

• Remaining Spread Maintenance Months Calculation Calculation in which the number of months between the Cut-off Date and the Spread Maintenance End Date is computed.

• Spread Maintenance End Date Loan Agreement Spread Maintenance End Date as stated in the Loan Agreement.

• Open Payments Calculation Calculation in which the number of payments between the respective Loan’s Spread Maintenance End Date through and including the Initial Maturity Date is computed.

• If any such prepayment is made prior to the Spread Maintenance End Date, the Borrowers shall pay the applicable Spread Maintenance in accordance with Section 2.06(c).

• In connection with each prepayment of the Loan made pursuant to Section 2.06(a) or 2.06(b) prior to the Spread Maintenance End Date, as a condition to the effectiveness of such prepayment, the Borrowers shall pay to the Administrative Agent for the benefit of Lenders, the Spread Maintenance related to such prepayment.

• Borrower shall have the right, at its option, upon 30 days’ prior written notice to Lender, to prepay the Loan in whole or in part at any time on or after the Permitted Prepayment Date, provided that if such prepayment is made prior to the Spread Maintenance End Date, Borrower shall pay to Lender simultaneously with such prepayment the applicable Spread Maintenance Premium.

More Definitions of Spread Maintenance End Date

Spread Maintenance End Date means the Payment Date occurring in [___________].

Spread Maintenance End Date means the last day of the Interest Accrual Period that ends in April 2020. “Spread Maintenance Premium” means, with respect to each Note or Note Component, in connection with any prepayment thereof prior to the Spread Maintenance End Date, an amount equal to the product of (i) the LIBOR Spread that is or had been applicable to such Note or Note Component (regardless of whether the Loan is still a LIBOR Loan), times (ii) the principal amount so prepaid, times (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including the last day of the Interest Accrual Period containing the Spread Maintenance End Date, and the denominator of which is 360. “Strike Rate” means (x) for so long as the Loan is a LIBOR Loan, 3.75%, and (y) if the Loan is converted to an Alternate Rate Loan or a Prime Rate Loan, the amount obtained by subtracting the Applicable Spread (or, following a Componentization, the weighted average Applicable Spread) from the sum of Strike Rate and the LIBOR Spread, in each case determined as of the Closing Date. “Subordination of Property Management Agreement” means that certain Consent and Agreement of Manager and Subordination of Management Agreement executed by Borrower and the Approved Property Manager as of the Closing Date, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith. 34 [AM_ACTIVE 400655008_12]

Spread Maintenance End Date means the Monthly Payment Date occurring in May 2018.