Examples of Revolving Loan Maturity Date in a sentence
The Borrower shall repay to the Administrative Agent for the benefit of the Revolving Credit Lenders, on each Extended Revolving Loan Maturity Date, the then outstanding amount of Extended Revolving Credit Loans.
Bank agrees to make Revolving Advances to Borrowers on a revolving basis (the “Revolving Loan”) from time to time from and after the Closing Date until the Revolving Loan Maturity Date; provided that, after giving effect to such Revolving Advances, the Revolving Exposure will not in the aggregate exceed the Maximum Revolving Loan Amount.
Until the Revolving Loan Maturity Date, Borrowers may borrow, repay and reborrow under the Revolving Note on any Business Day, provided that Borrowers shall not be entitled to receive and Bank shall not be obligated to make any Revolving Advance: (i) if the conditions stated in Section 6.01 of this Agreement have not been fulfilled; or (ii) if after making such Revolving Advance the Revolving Exposure would exceed the Maximum Revolving Loan Amount.
Subject to the terms and conditions set forth herein, any Borrower may request the issuance of Letters of Credit as the applicant thereof for the support of its or its Subsidiaries’ obligations, in a form reasonably acceptable to Bank at any time and from time to time until ten (10) Business Days prior to the Revolving Loan Maturity Date.