Examples of Working Capital Maturity Date in a sentence
The Borrowers unconditionally and irrevocably promise to pay in full to the Administrative Agent, for the ratable account of each Working Capital Lender, the aggregate outstanding principal amount of the Working Capital Loans on the Working Capital Maturity Date.
Loans under both the Project Tranche and the Working Capital Tranche shall be available until the Working Capital Maturity Date, at which time the Working Capital Commitment (defined in Section 1.1(b) below) shall be terminated and the full amount of the Facility (subject to Section 1.4 hereof) shall thereafter be considered the Project Tranche and available only for Project Tranche purposes, as described in Section 1.5(a).
On the Working Capital Maturity Date (or any acceleration thereof) the entire remaining unpaid principal balance of all Loans made under the Working Capital Tranche, together with all accrued and unpaid interest and all charges thereon, shall be due and payable in full.
Subject to the limitations set forth in Sections 3.1 and 3.2, the Working Capital Facility Commitment shall expire on the Working Capital Maturity Date (or such earlier date on which the Loans shall become due and payable hereunder pursuant to Article VII or otherwise) and all amounts owing by Genesis OLP thereunder shall be paid in full at such time.
On the Working Capital Maturity Date, Borrower shall repay to Working Capital Lenders in full the aggregate Outstanding Amount of all Working Capital Loans.