Examples of Initial Loan Maturity Date in a sentence
To the extent not previously paid, all Initial Loans shall be due and payable on the Initial Loan Maturity Date.
The Borrower in its capacity as issuer of the Exchange Notes is referred to as the “Issuer.” Guarantors: Same as the Initial Loans.Ranking: Same as the Initial Loans.Principal Amount: The Exchange Notes will be available only in exchange for the Extended Term Loanson or after the Initial Loan Maturity Date.
For example, among the eight articles published in journals classified by Capes8 to be of international excellence,9 none addresses the effects of the BNDES on the power of monetary policy.
The Borrower hereby unconditionally promises to pay to the Administrative Agent for account of the Lenders the outstanding principal amount of the Loans on the applicable Maturity Date; provided, however, that the Borrower shall not be required to repay the Initial Loans outstanding on the Initial Loan Maturity Date solely to the extent converted to Extended Term Loans on such date pursuant to Section 2.17(a).
Any Initial Bridge Loans that have not been previously repaid in full on or prior to the Initial Loan Maturity Date will be automatically converted into a senior secured term loan (each, an “Extended Term Loan”) due on the date that is 8 years after the Closing Date (the “Senior Maturity Date”).
The Borrower hereby unconditionally promises to pay to the Administrative Agent for the account of each Lender the then unpaid principal amount of each Loan on the Maturity Date; provided that the Borrower shall not be required to repay Initial Loans outstanding on the Initial Loan Maturity Date to the extent that such Initial Loans are converted into Term Loans, or exchanged for Exchange Notes, on such date in accordance with Section 2.02(b) or Section 2.06(c), respectively.
The Chamber has convened a group of hospitality workers to tackle the lack of housing for seasonal hospitality workers that come to the seacoast through the J1 VISA program.
Prior to the Initial Loan Maturity Date, the ability to incur indebtedness, incur liens and pay dividends may be more restrictive than those of the Extended Term Loans and the Senior Secured Exchange Notes, as reasonably agreed by the Bridge Administrative Agent and the Lead Borrower.
The Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders on the applicable Maturity Date for the Loans of a given Class the aggregate principal amount of all of its Loans of such Class outstanding on such date; provided, however, that the Borrower shall not be required to repay the Initial Loans outstanding on the Initial Loan Maturity Date if, on such date, the Initial Loans are converted to Extended Term Loans pursuant to Section 2.14(a).
Following the Initial Loan Maturity Date, all outstanding Extended Term Loans and Senior Secured Exchange Notes will accrue interest at the rate provided for the Extended Term Loans and Senior Secured Exchange Notes in Annex I hereto.