Examples of Existing Revolving Credit Maturity Date in a sentence
Notwithstanding the foregoing provisions of this paragraph, the Borrower shall have the right, pursuant to Section 9.04, at any time prior to the Existing Revolving Credit Maturity Date, to replace a Declining Lender with a Lender or other financial institution that will agree to a Revolving Credit Maturity Date Extension Request, and any such replacement Lender shall for all purposes constitute a Consenting Lender.
There shall exist no Default or Event of Default at the time Borrower elects to exercise the Revolving Credit Extension Option or on the Existing Revolving Credit Maturity Date (as then in effect).
As further detailed below, the Commission has already approved the entry of this mail at the current terminal dues.2 As a result, the Commission determines that the proposed NSA is not necessary for continued entry of inbound market dominant mail at current terminal dues.
The Revolving Credit Commitments of a Non-Extending Lender shall terminate on the Existing Revolving Credit Maturity Date, and on such date (i) the loans made by such Non-Extending Lender shall mature and be due and payable by the Borrower, and (ii) all other amounts owing to such Non-Extending Lender hereunder shall be due and payable.
At least 30 days but not more than 60 days prior to the Revolving Credit Maturity Date in effect at such time (the “Existing Revolving Credit Maturity Date”), the Borrower, by notice to the Administrative Agent, may request up to two times an extension of the Existing Revolving Credit Maturity Date by one year from its then scheduled expiration.
A teacher who terminates his/her services to the Board prior to the end of the school year shall be paid only for the number of days of employment at a per diem rate of pay.
Although this is partially correct, it‘s certainly not 100% true.Most contractors will tell you their pool is SOOOO much better than the next guys’.
Each Lender shall, by notice to the Borrower and the Administrative Agent given not less than 20 and not more than 30 days prior to the Existing Revolving Credit Maturity Date, advise the Borrower whether or not such Lender agrees to such extension (and any Lender that does not advise the Borrower on or before the later of such days shall be deemed to have advised the Borrower that it will not agree to such extension).
If all the Revolving Credit Lenders have agreed to such extension, then the Revolving Credit Maturity Date shall be extended to the date falling one (1) year after the Existing Revolving Credit Maturity Date (except that, if such date is not a Business Day, such Revolving Credit Maturity Date as so extended shall be the preceding Business Day).
The decision to agree or withhold agreement to any extension of the Existing Revolving Credit Maturity Date hereunder shall be at the sole discretion of each Revolving Credit Lender.