Loan Termination definition

Loan Termination has the meaning set forth in Section 6.1.3.
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Loan Termination means indefeasible payment in full of all sums owing under the Term Note and each of the other Term Loan Documents.
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Loan Termination. DATES" is hereby amended to replace the date of October 31, 2000 with the date of December 1, 2001.
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Examples of Loan Termination in a sentence

  • Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Revolving Loans at any time prior to the Revolving Loan Termination Date.

  • Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Swing Line Loans at any time prior to the Revolving Loan Termination Date.

  • On the Revolving Loan Termination Date, the Borrower shall repay in full the outstanding principal balance of the Swing Line Loans.

  • No Interest Period in respect of any Revolving Loan may end after the Revolving Loan Termination Date.

  • Each Junior Secured Creditor hereby agrees that until the Term Loan Termination Date, if the Junior Secured Creditor is the Revolving Agent, or the Revolving Credit Termination Date, if the Junior Secured Creditor is the Term Loan Agent, it will not assert any rights of subrogation it or they may acquire as a result of any payment hereunder.

  • The commitment of each Lender to lend hereunder shall automatically expire on the Revolving Loan Termination Date.

  • Promptly following the later of the Term Loan Termination Date and the Revolving Credit Termination Date, the Term Loan Agent or the Revolving Agent, as the case may be, shall, upon the request of the Existing Notes Agent, deliver, or cause any third party holding such Collateral on its behalf to deliver, the remainder of the Collateral, if any, in its possession to the designee of the Existing Notes Creditor (except as may otherwise be required by applicable law or court order).

  • On the Revolving Loan Termination Date, all Revolving Loan Commitments shall be terminated in their entirety.

  • On the Revolving Loan Termination Date, the Borrower shall repay in full the outstanding principal balance of the Revolving Loans.

  • Each Existing Notes Creditor hereby agrees that until the later of the Term Loan Termination Date and Revolving Credit Termination Date, it will not assert any rights of subrogation it or they may acquire as a result of any payment hereunder.