Springing Maturity Sample Clauses
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Springing Maturity. The Notes will become due and payable on October 1, 2015 unless on or prior to August 28, 2015, the Indebtedness under the New Holdco Credit Facility has been either (i) repaid and discharged, provided that any Indebtedness incurred in connection with any such repayment and discharge shall comply with clause (ii) of this sentence or (ii) extended, replaced or refinanced with Indebtedness constituting a New Holdco Credit Facility with a Stated Maturity that is at least 91 days after the final Stated Maturity of the Notes.
Springing Maturity. Notwithstanding anything in this clause (d), if the Borrower issues bonds or other similar notes in a public offering or Rule 144A or other private placement yielding at least $350,000,000 in gross cash proceeds after the Incremental Term A-4 Effective Date and prior to the scheduled Incremental Term A-4 Maturity Date (the date that is five (5) Business Days after the date of any such issuance, the “Springing Maturity Date”), then the Incremental Term A-4 Maturity Date shall be the Springing Maturity Date.
Springing Maturity
