Equipment Loan Maturity Date definition

Equipment Loan Maturity Date means the “Maturity Date” as defined in the Equipment Note.
Equipment Loan Maturity Date means, with respect to each Equipment Loan, the date on which such Equipment Loan becomes due and payable in accordance with its terms, which date shall be the date determined as set forth in Section 2.03 but which shall not be more than five (5) years from the date such Equipment Loan is made.
Equipment Loan Maturity Date is for each Equipment Loan Advance, a date thirty six (36) months after the first (1st) day of the first (1st) month after each Equipment Loan Advance but in no event later than October 1, 2012.

Examples of Equipment Loan Maturity Date in a sentence

  • The final payment for all Equipment Advances will be due on December 23, 2001 (the "Equipment Loan Maturity Date").

  • For each Equipment Loan Advance, Borrower shall make thirty six (36) consecutive equal monthly payments of principal, plus accrued interest commencing on the first (1st) day of the first (1st) month after each Funding Date and ending on the Equipment Loan Maturity Date.

  • All unpaid principal accrued and unpaid interest on each Equipment Loan Advance is due and payable in full on the Equipment Loan Maturity Date.

  • Any Equipment Advances made during the First Equipment Draw-Down Period that are outstanding on the First Equipment Availability End Date will be payable in thirty-six (36) equal monthly installments of principal, plus all accrued interest, beginning on the Payment Date of each month following the First Equipment Availability End Date and ending on the Equipment Loan Maturity Date.

  • Any Equipment Advances made during the Second Equipment Draw-Down Period that are outstanding on the Second Equipment Availability End Date will be payable in thirty (30) equal monthly installments of principal, plus accrued interest, beginning on the Payment Date of each month following the Second Equipment Availability End Date and ending on the Equipment Loan Maturity Date.


More Definitions of Equipment Loan Maturity Date

Equipment Loan Maturity Date means the earlier of:
Equipment Loan Maturity Date means February 20, 2012 or such earlier date on which the Commitments terminate pursuant to Section 9 or the Obligations are otherwise declared (or become) immediately due and payable.
Equipment Loan Maturity Date means May 5, 2011; provided, that on the Extension Date, the Equipment Loan Maturity Date shall automatically be extended to May 1, 2013, without any further action by Borrower or the Lenders.
Equipment Loan Maturity Date is defined in Section 2.1.2.
Equipment Loan Maturity Date means November 13, 2002, or such earlier date on which the aggregate unpaid principal amounts of all Equipment Loans become due and payable whether by the lapse of time, demand for payment acceleration or otherwise; provided, however, if any such date is not a Business Day, then the Equipment Loan Maturity Date shall be the next succeeding Business Day.
Equipment Loan Maturity Date means April 30, 2014.
Equipment Loan Maturity Date. With respect to the Tranche A Equipment Loans, December 1, 2002 and with respect to the Tranche B Equipment Loans, June 1, 2002.