Term Credit Maturity Date definition

Term Credit Maturity Date means the earlier of (i) August 1, 1997, (ii) such earlier date on which the Commitments are terminated in whole pursuant to Section 4.5 or Section 9 hereof.
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Term Credit Maturity Date means January 29, 1999. -------------------------
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Term Credit Maturity Date means the earlier of (i) May 1, 1997, (ii) ninety days from and including the date on which the Term Credit Loans are made or (iii) such earlier date on which the Commitments are terminated in whole pursuant to Section 4.5 or Section 9 hereof.
Sample 1

Examples of Term Credit Maturity Date in a sentence

  • No Bank shall have any obligation to make any Intermediate Term Credit Loan after the Intermediate Term Credit Maturity Date or after such obligation is sooner terminated or cancelled by the Banks pursuant to the rights afforded them herein.

  • The Term Loan, both for principal and accrued but unpaid interest, shall mature and be due and payable by the Borrower on the Term Credit Maturity Date.

  • The Borrower shall make principal payments on the Term Credit Loans in installments on the last day of each March, June, September, and December in each year, commencing with the calendar quarter ending March 31, 2014, with the amount of each such principal installment to equal $2,000,000, with a final payment of all principal and interest not sooner paid on the Term Credit Loans due and payable on Term Credit Maturity Date.

  • The Company agrees to repay the principal amount of the Term Loans in six (6) equal semi-annual installments of $5,000,000 each, beginning on December 31, 1997, and thereafter on the last Business Day of each June and December of each year thereafter, through and including June 30, 2000 (the "Term Credit Maturity Date"), on which date the final installment shall be due and payable.

  • The Banks hereby waive compliance with Section 8.10, 8.11 and 8.12 of the Credit Agreement at all times through and including the earlier of (i) August 1, 1997 or (ii) the Revolving Credit Termination Date and the Term Credit Maturity Date; provided that this waiver shall not become effective unless and until the conditions precedent set forth in Section 3.01 hereof have been satisfied.

  • Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request any Intermediate Term Advance if the Interest Period requested with respect thereto would end after the Intermediate Term Credit Maturity Date.

  • Unless required to be sooner paid, the Company promises to pay the Term Credit Loans in a single installment due on the Term Credit Maturity Date.


More Definitions of Term Credit Maturity Date

Term Credit Maturity Date means the earlier to occur of:
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Term Credit Maturity Date means November 22, 2018.
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Term Credit Maturity Date has the meaning specified in subsection 2.07(a).
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Related to Term Credit Maturity Date

  • Revolving Credit Maturity Date means the date that is six years after the Closing Date, or, if such date is not a Business Day, the next preceding Business Day.

  • Revolving Maturity Date means April 22, 2024 (or, with respect to any Revolving Lender that has extended its Revolving Commitment pursuant to a Permitted Amendment, the extended maturity date, set forth in any such Loan Modification Agreement).

  • 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.

  • 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.

  • Term B Maturity Date means January 31, 2025.

  • Initial Revolving Credit Maturity Date means the date that is five years after the Closing Date.

  • Term Loan A Maturity Date means July 29, 2025.

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

  • 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.

  • 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.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Revolving Loan Maturity Date means the earliest to occur of (i) the Maturity Date and (ii) the date on which the Revolving Loans become due and payable in accordance with Section 10.02.

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

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

  • 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.

  • Term B Loan Maturity Date means December 7, 2023.

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

  • Tranche A Maturity Date means November 8, 2008, or, if such day is not a Business Day, the next preceding Business Day.

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

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

  • Letter of Credit Maturity Date the date occurring 15 days prior to the Revolving Termination Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

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