Examples of Term Loan Period in a sentence
Money Market Loans shall not be available or outstanding at any time during the Term Loan Period.
If such Bank shall determine that it may not lawfully continue to maintain and fund any of its outstanding Euro-Dollar Loans to maturity and shall so specify in such notice, the Borrower shall immediately prepay in full the then outstanding principal amount of each such Euro-Dollar Loan, together with accrued interest thereon, or during the Term Loan Period, if applicable, immediately convert such Euro-Dollar Loan to become a Base Rate Loan.
Additional advances shall not be available during the Term Loan Period.
During the Term Loan Period, the Bond shall bear interest at the Interest Rate.
Term Loan Period means that period commencing December 1, 2020 and ending on the Final Maturity Date or the date on which all principal of and interest on the Bond is fully paid, if earlier.