Capex Loan Maturity Date definition

Capex Loan Maturity Date means with respect to any advances under the Capex Loan, December 31, 2000. The Borrower may elect in the same manner as Section 2.4 hereof to have interest accrue on the Capex Loan at (a) Daily LIBOR plus the Daily LIBOR Margin or (b) the Prime Commercial Rate.
Capex Loan Maturity Date shall have the meaning ascribed to such term in Section 1 of this Schedule.
Capex Loan Maturity Date means, with respect to each Advance of the CapEx Loan, the third (3rd) annual anniversary of the date of such Advance of the CapEx Loan.

Examples of Capex Loan Maturity Date in a sentence

  • In order to effectuate the foregoing, Borrower will execute a note evidencing such Converted Loans in the form set forth in Exhibit G attached hereto on the Capex Loan Maturity Date.

  • Each Capex Loan hereunder shall be repaid by the Borrower on the Capex Loan Maturity Date, unless payable sooner pursuant to the provisions of this Agreement or unless converted to a Term Loan pursuant to the provisions of Section 2.1(c).

  • All principal, interest, and other fees outstanding on the Capex Loan shall be due and payable no later than the Capex Loan Maturity Date.

  • On the applicable Capex Loan Maturity Date, all then-outstanding Capex Loans shall automatically be converted into a Term Loan maturing on the Capex Facility Maturity Date bearing interest at the same rate as the Term Loan (each a “Converted Loan” and collectively “Converted Loans”).

  • The Companies may from time to time prior to the Revolving Loan Maturity Date or the Capex Loan Maturity Date, as the case may be, elect to have interest accrue on all or part of the outstanding principal balance of the Revolving Loan or the Capex Loan at a rate of interest equal to the Daily LIBOR, plus the applicable Daily LIBOR Margin.


More Definitions of Capex Loan Maturity Date

Capex Loan Maturity Date means the earlier to occur of (a) the fifth (5th) anniversary of the Restatement Date, and (b) the date on which the CAPEX Loan shall be accelerated or the CAPEX Loan Commitments shall be terminated in accordance with the provisions of this Agreement.
Capex Loan Maturity Date means December 15, 2022, unless extended by the Bank pursuant to any modification, extension or renewal note executed by the Borrowers and accepted by the Bank in its sole and absolute discretion in substitution for the CapEx Note.
Capex Loan Maturity Date means May 31, 2013.
Capex Loan Maturity Date means May 31, 2018 or such earlier date on which the Commitments terminate pursuant to Section 7.
Capex Loan Maturity Date means the earlier to occur of (a) July 22, 2027 or (b) such other date on which the CapEx Loan Commitments are terminated pursuant to this Agreement. “CapEx Note” means a promissory note executed by the Borrower in favor of any CapEx Lender in the form of Exhibit C-4 evidencing the CapEx Loans of such CapEx Lender. “Capital Distribution” means a payment made, liability incurred or other consideration given by a Company to any Person that is not a Company, (a) for the purchase, acquisition, redemption, repurchase, payment or retirement of any Equity Interest of such Company, or (b) as a dividend, return of capital or other distribution (other than any stock dividend, stock split or other equity distribution payable only in capital stock or other equity of such Company) in respect of such Company’s Equity Interest. “Capitalized Lease Obligations” means obligations of the Companies for the payment of rent for any real or personal property under leases or agreements to lease that, in accordance with GAAP, have been or should be capitalized on the books of the lessee and, for purposes hereof, the amount of any such obligation shall be the capitalized amount thereof determined in accordance with GAAP. “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of one or more of the Issuing Banks or Lenders, as collateral for Letter of Credit Exposure or
Capex Loan Maturity Date means September 3, 2010.
Capex Loan Maturity Date means April 1, 2012.