Examples of Expected Facility Termination Date in a sentence
If the Expected Facility Termination Date shall be so extended and if a successor insurer shall act as Insurer until such extended Facility Termination Date, the parties hereto shall cooperate with respect to any amendment to this Loan Agreement that is necessary or desirable to effect the intent of the immediately preceding proviso.
If the Expected Facility Termination Date shall have been extended in accordance with the immediately preceding sentence and if, upon the occurrence of the Expected Facility Termination Date (as so extended), each of the conditions specified in clause (b) below shall be satisfied, the Expected Facility Termination Date shall be extended to the third anniversary of the Closing Date.
If the commitment to make Loans under this Agreement is renewed past the Expected Facility Termination Date to a Renewal Commitment Termination Date by mutual written agreement between Borrower and Lender, Borrower shall pay Lender the related Renewal Commitment Fee on or prior to the Expected Facility Termination Date; provided that in no event shall Lender or Borrower be required to enter into any such renewal agreement.
If the Termination Date occurs on the Expected Facility Termination Date and Borrower pays Lender the Term Loan Commitment Fee no later than the Termination Date, Borrower shall pay to Lender the Aggregate Total Outstandings in full no later than the Term Loan Maturity Date; provided that, if Borrower shall not have paid such Term Loan Commitment Fee by the Termination Date, the Aggregate Total Outstandings shall be due and payable in full on the Termination Date.
Extension of Expected Facility Termination Date..................................