Initial Revolving Credit Maturity Date definition

Initial Revolving Credit Maturity Date means the date that is five years after the Closing Date.

Initial Revolving Credit Maturity Date means July 27, 2022.

Initial Revolving Credit Maturity Date means the date that is five (5) years after the Second Amendment Effective Date.

Examples of Initial Revolving Credit Maturity Date in a sentence

• Each US Overadvance shall mature and be due on the earliest of (i) the Initial Revolving Credit Maturity Date, (ii) written demand by the Administrative Agent and (iii) 30 days after the date on which such US Overadvance is made; it being understood and agreed that no US Overadvance shall cause the Initial US Revolving Credit Exposure of any Initial US Revolving Lender to exceed such Initial US Revolving Lender’s Initial US Commitment.

• If the Company notifies Executive that it does desire to purchase the Offered Shares, the Parties shall consummate the sale and purchase of the Offered Shares within five (5) business days or such other time frame as is mutually agreeable to the Parties.

• Unless previously terminated, the Initial Commitments shall automatically terminate on the Initial Revolving Credit Maturity Date.

• For the avoidance of doubt, notwithstanding anything contained herein, the commitment of any L/C Issuer to act in its capacity as such cannot be extended beyond the Initial Revolving Credit Maturity Date (as in effect at the Closing Date) or increased without its prior written consent.

• The Commitment Fee shall accrue at all times from the Closing Date until the Initial Revolving Credit Maturity Date, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with March 31, 2023, and on the Initial Revolving Credit Maturity Date.

More Definitions of Initial Revolving Credit Maturity Date

Initial Revolving Credit Maturity Date means, with respect to any Initial Revolving Credit Loan, the earlier of

Initial Revolving Credit Maturity Date means (a) the Initial Revolving Credit Stated Maturity Date or (b) such earlier date upon which the Aggregate Revolving Credit Commitments may be terminated in accordance with the terms of this Agreement.

Initial Revolving Credit Maturity Date means the date that is five years after the Seventh Amendment Closing Date (which date is October 6, 2028 and defined as the “Stated Revolving Credit Maturity Date”); provided that, (x) if, on any date prior to the Stated Revolving Credit Maturity Date that is ninety-one (91) days prior to the scheduled maturity date in respect of (A) the Initial Term Loans and/or (B) any Indebtedness that refinances or extends the maturity date of the Initial Term Loans (any such date, a “Revolving Facility First Lien Springing Maturity Date” and any such maturing Initial Term Loans or refinancing Indebtedness in respect thereof, “First Lien Reference Debt”), First Lien Reference Debt is outstanding in an aggregate principal amount in excess of $150,000,000, the Initial Revolving Credit Maturity Date shall instead be the Revolving Facility First Lien Springing Maturity Date and (y) if, on any date prior to the Stated Revolving Credit Maturity Date that is ninety-one (91) days prior to the scheduled maturity date in respect of (A) the Second Lien Term Loans and/or (B) any Indebtedness that refinances or extends the maturity date of the Second Lien Term Loans (any such date, a “Revolving Facility Second Lien Springing Maturity Date” and any such maturing Second Lien Term Loans or refinancing Indebtedness in respect thereof, “Second Lien Reference Debt”), any Second Lien Reference Debt is outstanding, the Initial Revolving Credit Maturity Date shall instead be the Revolving Facility Second Lien Springing Maturity Date; provided further, in each case, if such date is not a Business Day, the Initial Revolving Credit Maturity Date shall be the immediately preceding Business Day. Any provisions relating to the determination of a minimum tenor, maturity or Weighted Average Life to Maturity with respect to any Indebtedness permitted to be incurred by the Borrower or any Restricted Subsidiary shall assume that neither clause (x) or clause (y) of the foregoing applies.

Initial Revolving Credit Maturity Date means the date that is five (5) years after the Amendment No. 12 Effective Date; provided, that if the Senior Notes with a maturity date of July 15, 2022 remain outstanding in a principal amount in excess of $50,000,000 on April 15, 2022, the Initial Revolving Credit Maturity Date shall be April 15, 2022, unless, at the Borrowers’ sole discretion, the Borrowers elects to take a reserve against the Borrowing Base in an amount equal to the amount of such excess and, after giving effect thereto, Availability as of such date is equal to or greater than $30,000,000..

Initial Revolving Credit Maturity Date means, with respect to any Initial Revolving Credit Loan, the earlier of (i) June 7, 2018 and (ii) (x) in the case of the Initial Dollar Revolving Credit Facility, the date of termination in whole of the Initial Dollar Revolving Credit Commitments and the Letter of Credit Commitments pursuant to Section 2.06 or 9.02 and (y) in the case of the Initial Multicurrency Revolving Credit Facility, the date of termination in whole of the Initial Multicurrency Revolving Credit Commitments pursuant to Section 2.06 or 9.02.

Initial Revolving Credit Maturity Date means the date that is the earlier of (x) five years after the First AmendmentRestatement Effective Date and (y) the date that is 91 days prior to the maturity date of the 2022 Senior Secured Notes if the 2022 Senior Secured Notes have not been repaid, refinanced or extended prior to such date as permitted hereunder (with a maturity date that is at least 91 days after the Initial Revolving Credit Maturity Date); provided that if such date is not a Business Day, the Initial Revolving Credit Maturity Date shall be the immediately preceding Business Day.

Initial Revolving Credit Maturity Date means September 26, 2022 or, if such date is not a Business Day, the immediately preceding Business Day.