Facility Maturity Date Clause Samples

Facility Maturity Date. The Issuing Lender shall have the right to accelerate the Facility Maturity Date to an earlier date in accordance with the following terms and conditions: (i) If at least forty (40) calendar days prior to the First Required Additional Contribution Date, the Borrower shall deliver to the Issuing Lender an officer’s certificate of Borrower in the form attached hereto as Exhibit G, dated as of such date, (A) stating that the First Required Additional Contribution has been made and setting forth the date on which such contribution was received by the Borrower and (B) stating that no event that constitutes an Event of Default pursuant to Sections 8.01(l) or (m) has occurred and is continuing as of such date, then the Facility Maturity Date shall remain the same date as in effect immediately prior to such fortieth (40th) calendar date prior to the First Required Additional Contribution Date. If the Issuing Lender has not received the officer’s certificate of the Borrower described in the immediately preceding sentence and the Issuing Lender has delivered an Acceleration Notice before March 1, 2012, then the Facility Maturity Date shall be accelerated to April 1, 2013 effective on the First Required Additional Contribution Date and shall remain effective until the Letter of Credit is terminated pursuant to the terms of this Agreement. The Issuing Lender agrees not to issue any such Acceleration Notice if it has received the officer’s certificate of the Borrower described in the first sentence of this Section 2.01(c)(i). (ii) If the Facility Maturity Date has not been accelerated pursuant to Section 2.01(c)(i) and if at least forty (40) calendar days prior to the Third Required Additional Contribution Date, the Borrower shall deliver to the Issuing Lender an officer’s certificate of Borrower in the form attached hereto as Exhibit G, dated as of such date, (A) stating that the Second Required Additional Contribution has been made at least forty (40) calendar days prior to the Second Required Additional Contribution Date and setting forth the date on which such contribution was received by the Borrower and stating that the Third Required Additional Contribution has been made and setting forth the date on which such contribution was received by the Borrower and (B) stating that no event that constitutes an Event of Default pursuant to Sections 8.01(l) or (m) has occurred and is continuing as of such date, then the Facility Maturity Date shall remain the same date as ...

Facility Maturity Date. The following definition of Facility Maturity Date is hereby added to the Appendix to the Agreement: Facility Maturity Date. December 30, 2008.

Facility Maturity Date. 39 SECTION 2.04

Facility Maturity Date. The Originator's Agent, the Performance Indemnity Provider, the Lender and the Facility Agent agree to extend the Facility Maturity Date to 26 July 2021.

Facility Maturity Date. Any Outstanding Advances on the Facility Maturity Date shall mature on such date. On the Facility Maturity Date, notwithstanding any other provision hereof, the outstanding principal of all Outstanding Advances, if any, together with all interest and Facility Fees accrued thereon and all other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Facility Maturity Date. Section 1.1 of the Credit Agreement is hereby amended by deleting the definition of “Facility Maturity Date” in its entirety and substituting the following therefor:

Facility Maturity Date. The Incremental Term Loans will accrue interest from the Amendment No. 2 Effective Date and will have Interest Periods that commence on the Amendment No. 2 Effective Date and end on the same dates as the Term B-1 Loans outstanding prior to this Amendment, with the Interest Periods allocated ratably among Incremental Term Loans consistent with the allocation of such Term B-1 Loans among such Interest Periods. On and after the end of the last Interest Period in effect prior the Amendment No. 2 Effective Date for the outstanding Term B-1 Loans, the Incremental Term Loans incurred pursuant to this Amendment and the Incremental Assumption Agreement will accrue interest on the same basis as the outstanding Term B-1 Loans.

Facility Maturity Date. Notwithstanding anything to the contrary set forth herein, no Lender shall have any obligation to make any Revolving Credit Advances (other than Revolving Credit Advances in respect of any Participation Advance pursuant to Section 2.19(c)) and each LC Lender shall not have any obligation to issue Letters of Credit, in each case from and after the Facility Maturity Date.