RLC Maturity Date definition

RLC Maturity Date means May 15, 1998.
RLC Maturity Date means January 9, 2001.
RLC Maturity Date means January 31, 2002.

Examples of RLC Maturity Date in a sentence

  • These school exposures do not equal # of cases, divisions/classes, or letters issued.Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21Secondary schools Elem<..

  • Borrower agrees to pay the Administrative agent for distribution to the Banks pursuant to Article 9A the Extension Fee in the event Borrower elects to extend the RLC Maturity Date.

  • The entire outstanding principal balance, all accrued and unpaid interest and all other sums which may have become payable thereunder shall be due and payable in full on the RLC Maturity Date.

  • The entire unpaid principal balance, all accrued and unpaid interest, and all other amounts payable hereunder shall be due and payable in full on the RLC Maturity Date.

  • In connection with the RLC, a non-refundable Loan fee in an amount equal to three-tenths of one percent (0.3%) of the RLC Commitment (the "RLC Fee") shall be due and payable on or before the Closing Date and on each anniversary of the Closing Date until the RLC Maturity Date (or the first Business Day thereafter if such day is not a Business Day).


More Definitions of RLC Maturity Date

RLC Maturity Date means February 28, 2000.
RLC Maturity Date means December 17, 1999, unless extended pursuant to Section 4.1.
RLC Maturity Date means November __, 2005.
RLC Maturity Date means September 30, 2009.
RLC Maturity Date means June 15,
RLC Maturity Date means April 26, 2001.
RLC Maturity Date means May 22, 2000. The principal balance of this Note represents a revolving credit all or any part of which may be advanced to Maker, repaid by Maker, and re-advanced to Maker from time to time, subject to the other terms hereof and the conditions, if any, contained in the Credit Agreement, and provided that the principal balance outstanding at any one time shall not exceed the face amount hereof. Maker agrees to an effective rate of interest that is the rate stated above plus any additional rate of interest resulting from any other charges in the nature of interest paid or to be paid by or on behalf of Maker, or any benefit received or to be received by Holder, in connection with this Note. This Note is issued pursuant to that Credit Agreement dated as of November 5, 1998 (the "Credit Agreement") between Maker, the Banks named therein and Imperial Bank Arizona, an Arizona banking corporation as Agent and is secured by the Security Documents. Capitalized terms used and not otherwise defined herein shall have the meanings assigned to such terms in the Credit Agreement. Time is of the essence of this Note. Maker shall pay all costs and expenses, including reasonable attorneys' fees and court costs, incurred in the collection or enforcement of all or any part of this Note. All such costs and expenses shall be secured by the Security Documents. Failure of Holder to exercise any option hereunder shall not constitute a waiver of the right to exercise the same in the event of any subsequent default or in the event of continuance of any existing default after demand for strict performance hereof. Maker and all sureties, guarantors and/or endorsers hereof (or of any obligation hereunder) and accommodation parties hereon (severally each hereinafter called a "Surety") each: (a) agree that the liability under this Note of all parties hereto is joint and several; (b) severally waive any and all formalities in connection with this Note to the maximum extent allowed by law, including (but not limited to) demand, diligence, presentment for payment, protest and demand, and notice of extension, dishonor, protest, demand and nonpayment of this Note; and (c) consent that Holder may extend the time of payment or otherwise modify the terms of payment of any part or the whole of the debt evidenced by this Note, at the request of any other person liable hereon, and such consent shall not alter nor diminish the liability of any person hereon. This Note shall be binding upon Make...