Definition of Revolving Loan Maturity Date


Revolving Loan Maturity Date means November 21, 2014, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.


Revolving Loan Maturity Date means June 29, 2015.

Revolving Loan Maturity Date means the earlier of (a) April 22, 2020 and (b) the date that is ninety (90) days prior to the stated maturity date of the Specified Subordinated Indebtedness or any notes, instruments or other documents issued in exchanged thereof or refinancing or replacing same; provided that this clause (b) shall not apply in the event that (i) (x) the Specified Subordinated Indebtedness has been repaid in full or (y) the Permitted Refinancing thereof does not constitute Material Indebtedness and the Agent in its discretion has implemented an Availability Reserve in the amount of such indebtedness; or (ii) on such date the Agent has implemented the Debt Maturity Reserve and Availability is equal to the greater of (x) twenty-five percent (25%) of the Adjusted Revolving Loan Cap, and (y) $25,000,000, (A) on such date after giving effect to such Debt Maturity Reserve and (B) on a pro forma basis nine (9) months after giving effect to the Debt Maturity Reserve.

Examples of Revolving Loan Maturity Date in a sentence

Revolving Loans made by Lender may be repaid and, subject to the terms and conditions hereof, borrowed again up to, but not including, the Revolving Loan Maturity Date, unless the Revolving Loans are otherwise terminated or extended as provided in this Agreement.
Except as otherwise provided in this Section, the outstanding principal balance of the Revolving Loans shall be repaid on or before the Revolving Loan Maturity Date.
All Revolving Loans hereunder shall be repaid by the Borrower on the Revolving Loan Maturity Date, unless payable sooner pursuant to the provisions of this Agreement.
Revolving Loans made by the Bank may be repaid and, subject to the terms and conditions hereof, borrowed again up to, but not including the Revolving Loan Maturity Date unless the Revolving Loans are otherwise accelerated, terminated or extended as provided in this Agreement.
All Revolving Loans hereunder shall be repaid by Borrower on or before the Revolving Loan Maturity Date, unless payable sooner pursuant to the provisions of this Agreement.



More definitions of Revolving Loan Maturity Date

Revolving Loan Maturity Date means the sixth anniversary of the 2014 Restatement Date.