Examples of Revolving Credit Termination Balance in a sentence
The Revolving Credit Termination Balance, any outstanding Advances and all other unpaid Obligations shall be paid in full by the Borrower on the Facility Termination Date.
The Revolving Credit Termination Balance and all other unpaid Obligations shall be paid in full by the Borrower on the Revolving Credit Termination Date; PROVIDED, HOWEVER, that upon the written request of the Borrower, delivered to the Agent at least ten (10) Business Days prior to the Revolving Credit Termination Date, the Revolving Credit Termination Balance shall be due and payable on the Facility Termination Date.
Re: Credit Agreement (the "Agreement") dated as of February 5, 1999 among Cordant Technologies Inc., the Banks listed on the signature pages thereof and the Administrative Agent We hereby give notice pursuant to Section 2.2.2 of the Agreement that we request conversion of the Revolving Credit Termination Balance on the Revolving Credit Termination Date to Term Loans.
That is where it is hoped there can be an expansion of the work done between the 2 Churches and the Food bank.
The Revolving Credit Termination Balance shall be paid in full by the Borrower on the Revolving Credit Termination Date; PROVIDED, HOWEVER, that (a) Loans may be prepaid prior to the Revolving Credit Termination Date in accordance with the terms of this Agreement and (b) the Revolving Credit Termination Balance may be consolidated and converted into a single one-year term loan (the "TERM LOAN OPTION").
UCC may amend these parameters or the targets from time to time to accommodate developments in the sector.
The Borrower shall have the option to (1) convert the Revolving Credit Termination Balance to a one-year term loan maturing on July 8, 2003 (in which case any unfunded portion of the Commitments shall be cancelled and the Facility Termination Date shall be extended to July 8, 2003), provided no Default exists (a “Term Loan Request”), or (2) request a 364 day extension to July 7, 2003 of both the Revolving Credit Termination Date and the Facility Termination Date (an “Extension Request”).
Commencing on March 31, 2000, and continuing on December 31 of each year until the Revolving Credit Termination Date, the Revolving Credit Termination Balance on such date (the "YEAR END BALANCE") shall convert (a "TERM CONVERSION") to a term loan, to be repaid as provided in Section 2.2; provided, that, the amount of the Term Conversion on March 31, 2000 may not exceed $30,000,000.
The Revolving Credit Termination Balance shall be payable in twenty (20) equal, consecutive quarterly installments, commencing on the first Payment Date following the Revolving Credit Termination Date.
Unless earlier payment is required hereunder, the Revolving Credit Termination Balance and all other unpaid Obligations shall be paid in full by the Borrower on the Facility Termination Date.