Maturing Loan definition

Maturing Loan has the meaning given to that term in Clause 8.2 (Rollover Loans).
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Maturing Loan. Type: (Conversion or Continuation only) _____________________ Type of Advance:
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Maturing Loan shall have the meaning set forth in Section 2.04(e).
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Examples of Maturing Loan in a sentence

  • Such New Loan shall be treated as having been applied in repayment in full of the Maturing Loan.

  • If the Borrower has not delivered a Drawdown Notice in respect of a Maturing Loan in accordance with Clause 5.1 (Delivery of a Drawdown Notice), the Maturing Loan shall, subject to the other provisions of this Agreement, be automatically rolled over with an Interest Period of three (3) months.

Related to Maturing Loan

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Term Rate Loan means a Loan that bears interest at a rate based on the Term SOFR Rate or Eurocurrency Rate.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • LIBOR Rate Loan means a Committed Loan that bears interest at a rate based on the Adjusted LIBOR Rate.