Examples of Line of Credit Maturity Date in a sentence
Unless agreed to in writing by Bank, no Letter of Credit shall have an expiration date that is later than the Revolving Line of Credit Maturity Date.
Within the limits set forth in this Section 2.1 and in the Line of Credit Note, Borrower may from time to time prior to the Line of Credit Maturity Date borrow, partially or wholly repay its outstanding borrowings, and reborrow under the Line of Credit, subject to all of the limitations, terms and conditions contained herein or in the Line of Credit Note.
Revolving Loans may be repaid and reborrowed, provided that all outstanding principal and accrued interest on the Revolving Loans shall be payable in full on the Revolving Line of Credit Maturity Date.
No Letter of Credit shall be issued with an expiry date later than the Line of Credit Maturity Date.
Bank agrees, on the terms and subject to the conditions herein set forth, to make advances to Borrower from time to time under the Line of Credit (each such advance, a “Line of Credit Advance”), for working capital and general corporate purposes, from the date all of the conditions set forth in Section 4.1 are satisfied (the “Funding Date”) to the Line of Credit Maturity Date.