First Extended Maturity Date definition
Examples of First Extended Maturity Date in a sentence
If the First Extended Maturity Date is extended to the Second Extended Maturity Date, then Borrower may, by written notice to Administrative Agent (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Second Extended Maturity Date, request that the Second Extended Maturity Date be extended to the Third Extended Maturity Date.
The Borrower may, by written notice to the Administrative Agent (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Initial Maturity Date, request that the Initial Maturity Date be extended to the First Extended Maturity Date.
If the Initial Maturity Date is extended to the First Extended Maturity Date, then Borrower may, by written notice to Administrative Agent (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the First Extended Maturity Date, request that the First Extended Maturity Date be extended to the Second Extended Maturity Date.