Examples of Equipment Line Maturity Date in a sentence
Subject to Section 5.2 and the other terms and conditions hereinafter set forth, the Lender has established the Equipment Line Facility, available in the discretion of the Lender to the Borrower from time to time during the period from the Closing Date up to but not including the Equipment Line Maturity Date, in an aggregate principal amount of $1,500,000, less the amount of Equipment Line Loans made under the Prior Agreement (the “Equipment Line Commitment”).
All Equipment Line of ------------------------------------- Credit Loans shall be repayable in installments in accordance with the terms of the Equipment Line Note, provided that all Equipment Line of Credit Loans shall mature and the total principal amount thereunder shall be payable on August 1, 1999 (the "Equipment Line Maturity Date"), at which time all amounts advanced ---------------------------- under this Section 2, 2.6(b) shall be immediately due and payable.
The final payment due on the applicable Equipment Line Maturity Date shall include all outstanding principal and all accrued unpaid interest.
All Equipment Line ------------------------------------- of Credit Loans shall be repayable in installments in accordance with the terms of the Equipment Line Note, provided that all Equipment Line of Credit Loans shall mature and the total principal amount thereunder shall be payable on August 1, 1999 (the "Equipment Line Maturity Date"), at which time all amounts ---------------------------- advanced under this Section 2 shall be immediately due and payable.
On the applicable Second Equipment Line Maturity Date all outstanding principal, and all accrued unpaid interest shall be due and payable.