Initial Loan Termination Date definition
Initial Loan Termination Date means the earliest of (a) the Maturity Date, (b) the date of acceleration of the Obligations pursuant to Section 8.2(2), (c) the Termination Date, and (d) the date of voluntary prepayment of all the Initial Loans pursuant to Section 1.2.
Initial Loan Termination Date has the meaning specified in the Supplement.
Examples of Initial Loan Termination Date in a sentence
Subject to the terms and conditions of this Agreement, Lender agrees to make (i) up to $15,000,000 of the term loans to Borrower from time to time from the Closing Date and to and including the Initial Loan Termination Date and (ii) additional term loans in an aggregate amount not to exceed the Commitment less any such term loans made pursuant to the preceding clause (i) to Borrower from time to time from the Closing Date and to and including the Additional Loan Termination Date.
All Initial Loans to Borrower and all of the other Obligations in respect thereof shall be secured, until the Initial Loan Termination Date, by all of the Collateral.