Second Extension Maturity Date definition

Second Extension Maturity Date has the meaning given that term in Section 3.2(a).
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Second Extension Maturity Date means either:
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Second Extension Maturity Date means April 9, 2023.
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Examples of Second Extension Maturity Date in a sentence

  • In the event Borrower shall have exercised the Second Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Third Extension Option” and, together with the First Extension Option and the Second Extension Option, each an “Extension Option”) to extend the Second Extension Maturity Date until the Third Extension Maturity Date.

  • The then current Final Maturity Date of the Facility will be extended to the First Extension Maturity Date or, as the case may be, the Second Extension Maturity Date in an aggregate amount equal to the sum of the aggregate Commitments of the Consenting Lenders (together with the aggregate Commitments of the Replacement Lenders, if applicable).

  • The Borrower shall be entitled to extend the Maturity Date for up to four (4) one (1) year extensions; provided that (i) no Event of Default then exists, and (ii) the Borrower gives the Holder, at least ninety (90) days prior to the initial Maturity Date, the First Extension Maturity Date, the Second Extension Maturity Date, the Third Extension Maturity Date or the Fourth Extension Maturity Date, as the case may be, written notice of such extension.

  • Borrower shall, as a condition to Borrower exercising its right to extend the term of the Loan for each Extension Period, purchase a new Interest Rate Protection Agreement having a term ending not earlier than the First Extension Maturity Date or the Second Extension Maturity Date, as applicable, and having a strike price equal to the Capped Benchmark Rate.

  • In the event Borrower shall have exercised the First Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Second Extension Option”, together with the First Extension Option, each an “Extension Option”) to extend the Maturity Date until the Second Extension Maturity Date.

  • In the event Borrower shall have exercised the First Extension Option in accordance with the terms and conditions hereof, Borrower shall have the one-time option (the “Second Extension Option” to extend the First Extension Maturity Date until the Second Extension Maturity Date.


More Definitions of Second Extension Maturity Date

Second Extension Maturity Date and the applicable period being, the “Second Extension Period”), subject to the satisfaction of the following conditions:
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Second Extension Maturity Date means July 5, 2028. “Second Extension Option” shall have the meaning set forth in Section 2.3.2(b). “Severed Loan Documents” shall have the meaning set forth in Section 10.2(e). “Short Interest” shall have the meaning set forth in Section 2.4.1. “Shortfall” shall have the meaning set forth in Section 2.6.4. “Single Member Delaware LLC” shall mean a single member limited liability company formed under Delaware law which (i) has at least one springing member, which, upon the dissolution of all of the single member or the withdrawal or the disassociation of the single member from such limited liability company, shall immediately become the sole member of such limited liability company, and (ii) complies with the terms and provisions of Section 3.1.24(cc). “SOFR” means, with respect to any day, the secured overnight financing rate published for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark, -38- (or a successor administrator) on the Federal Reserve Bank of New York’s Website, provided that in no event shall SOFR be less than zero. “SOFR Rate Loan” means the Loan at such time as interest thereon accrues at a per annum rate of interest equal to the “Applicable Interest Rate” if the Benchmark thereunder is Term SOFR. “SPC Party” shall mean, if Borrower is a limited partnership or a limited liability company (other than a Single Member Delaware LLC), each general partner or managing member of Borrower. “Special Member” shall have the meaning set forth in Section 3.1.24(cc)(i). “Special Purpose Bankruptcy Remote Entity” shall mean a corporation, limited liability company or limited partnership which, at all times, complies with the requirements set out in Section 3.1.24. “Sponsor” shall mean Guarantor. “Spread Maintenance Premium” shall mean, in connection with a prepayment of all or any portion of the Outstanding Principal Balance of the Loan, the Building Loan and the Supplemental Building Loan pursuant to the terms hereof, the Building Loan Agreement or the Supplemental Building Loan Agreement, respectively, an amount equal to the present value, discounted at Benchmark on the most recent Determination Date of all future installments of interest which would have been due hereunder through and including the Open Prepayment Date, on the portion of the Outstanding Principal Balance of the Loan, the Building Loan and the Supplemental Building Loan being prepaid as if interest accrued on such portion of the principal balance b...
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Second Extension Maturity Date means the date that is one (1) year from the First Extension Maturity Date.
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Second Extension Maturity Date means September 30, 2025, the term “Third Extension Maturity Date” means September 30, 2026 and the term “Fourth Extension Maturity Date” means September 30, 2027. If Borrower extends the Maturity Date as set forth in this Section 2(b), the payments shall continue to be made quarterly by the Borrower and the Borrower shall execute and deliver any and all documents requested by the Holder to reflect the updated quarterly payment amounts hereunder and the interest rate accrual percentage(s).
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Second Extension Maturity Date means November 1, 2007.
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Related to Second Extension Maturity Date

  • Second Extended Maturity Date has the meaning set forth in Section 2.10.

  • First Extended Maturity Date has the meaning specified in Section 2.15(a).

  • Term Maturity Date means December 30, 2021 (or, with respect to any Term Lender that has extended the maturity date of its Term Loans pursuant to Section 2.19(b), the extended maturity date set forth in the Extension Notice delivered by the Borrower and such Term Lender to the Administrative Agent pursuant to Section 2.19(b)).

  • Existing Maturity Date has the meaning specified in Section 2.14(a).

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Early Maturity Date means the date notified to the Investor as such in the Early Maturity Notice;

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Original Maturity Date means the date on which the bond reaches the end of the term for which it was initially offered and, unless further extended, ceases to earn interest.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B-1 Loans, the Term B-1 Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Tranche B Term Loan Maturity Date means April 9, 2020 (or if such date is not a Business Day, the immediately preceding Business Day) or such earlier date as may result from the operation of Section 2.08(b), if applicable.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Final Maturity Date means March 31, 2022.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Extended Maturity Date shall have the meaning set forth in Section 2.5(c) hereof.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Legal Maturity Date means July 15, 2024.