Examples of Term A-2 Loan Maturity Date in a sentence
The Term A-2 Loans shall mature, and all outstanding principal and accrued interest and other Obligations in respect thereof shall be paid in full, on the Term A-2 Loan Maturity Date, as the same may be accelerated in accordance with this Agreement.
Interest on the Incremental Term A-2 Loan shall be calculated as of the last day of each calendar quarter (for such calendar quarter) and shall be payable in arrears on the first Business Day of each January, April, July and October and the Incremental Term A-2 Loan Maturity Date, commencing with the first such date to occur after the Incremental Term A-2 Loan Funding Date, provided that the interest accruing pursuant to Section 2(f) of this Agreement shall be payable from time to time on demand.
Subject to Sections 2.13(a) and 2.14, all amounts owed hereunder with respect to the Term A-2 Loans will be paid in full no later than the Term A-2 Loan Maturity Date.
The Borrower shall repay in full the unpaid principal amount of the Incremental Term A-2 Loan on the Incremental Term A-2 Loan Maturity Date.
Each Lender of the applicable Class that determines not to so extend its Term A-1 Loan Maturity Date or Term A-2 Loan Maturity Date, as the case may be (a “Non-Extending Lender”), shall notify the Administrative Agent of such fact promptly after such determination (but in any event no later than the Lender Notice Date), and any Lender of the applicable Class that does not so advise the Administrative Agent on or before the Lender Notice Date shall be deemed to be a Non-Extending Lender.
The election of any Lender to agree to such extension shall not obligate any other Lender to so agree, and it is understood and agreed that no Lender shall have any obligation whatsoever to agree to any request made by the Company for extension of the Term A-1 Loan Maturity Date or the Term A-2 Loan Maturity Date.
To the extent not previously repaid, all unpaid Term A-2 Loans shall be paid in full in Dollars by the Company on the Term A-2 Loan Maturity Date.
The maturity date for the Incremental Term A-2 Loan shall be January 15, 2028 (the “ Incremental Term A-2 Loan Maturity Date ”).
The Company may, by notice to the Administrative Agent (who shall promptly notify the applicable Class of Lenders) not earlier than 180 days and not later than 30 days prior to each anniversary of the Effective Date (each such date, an “Extension Date”), request that each Lender extend such Lender’s Term A-1 Loan Maturity Date or Term A-2 Loan Maturity Date, as the case may be, to the date that is one year after the applicable Maturity Date then in effect for such Lender (the “Existing Maturity Date”).