Springing Maturity Date definition

Springing Maturity Date has the meaning specified in the definition ofMaturity Date”.
Springing Maturity Date means November 2, 2021, which is the date that is 91 days prior to the scheduled maturity date of the 2022 Senior Notes.
Springing Maturity Date means the date that is fourteen (14) days after the “Termination Date” (as defined in the 2020 Term Loan Credit Agreement) or Payment in Full of the obligations under the 2020 Term Loan Credit Agreement occurs (other than in connection with any permitted Refinancing Indebtedness in respect thereof). The Borrower shall promptly notify the Agent and the Lenders upon the establishment of the Springing Maturity Date.

Examples of Springing Maturity Date in a sentence

  • The Trustee or the Paying Agent will provide notice to the Issuer of any money deposited with the Trustee or the Paying Agent by the Issuer in excess of the amounts necessary to pay the principal owing on the Notes and accrued and unpaid interest to but excluding the Springing Maturity Date.

  • Such Springing Maturity Date shall be conditioned on the Springing Maturity Condition.

  • Upon written request of the Issuer, the Trustee or the Paying Agent shall promptly return to the Issuer any money deposited with the Trustee or the Paying Agent by the Issuer in excess of the amounts necessary to pay the principal owing on the Notes and accrued and unpaid interest to but excluding the Springing Maturity Date.

  • The Issuer shall provide advance written notice to the Holder of this Note and the Trustee of any such Springing Maturity Date in accordance with the provisions set forth in Section 2.14 of the Indenture.

  • At least two Business Days (unless a shorter notice shall be agreed to by the Trustee) before notice of any anticipated Springing Maturity Date is required to be delivered or mailed to Holders pursuant to Section 2.14(c) hereof, the Issuer shall furnish to the Trustee the form of such notice together with an Officer’s Certificate.


More Definitions of Springing Maturity Date

Springing Maturity Date means the first Springing Maturity Test Date on which the Springing Maturity Condition is satisfied; provided that if the Springing Maturity Date would otherwise occur on a day which is not a Business Day, such Springing Maturity Date shall instead be deemed to be the immediately preceding Business Day.”
Springing Maturity Date means any time during the period commencing from the date that is ninety-one (91) days prior to the stated maturity of the Convertible Notes (not including the 2017 Convertible Notes) through the date the outstanding amount of the Convertible Notes are paid in full, that the Borrower does not satisfy the Liquidity Threshold.
Springing Maturity Date means the date that is 91 days prior to the stated maturity date of (a) the 2022 Notes if, on such date, any such 2022 Notes remain outstanding or (b) the 2023 Notes if, on such date, any 2023 Notes remain outstanding; provided that the Springing Maturity Date shall not apply for any purpose under this Agreement if, on the applicable date, Borrower and its Restricted Subsidiaries have Liquidity (as defined below) of at least the sum of (x) the outstanding principal amount of the notes referred to above next maturing (and triggering such Springing Maturity Date) plus (y) $50,000,000. For purposes hereof, “Liquidity” shall mean, at any time, the sum of (i) the Unrestricted Cash Amount of the Borrower and its Restricted Subsidiaries and (ii)(A) the aggregate Revolving Credit Commitments of all Revolving Credit Lenders at such time over (B) the aggregate Total Revolving Outstandings at such time, provided that, with respect to this clause (ii), the conditions set forth in Sections 4.02(a) and (b) shall be satisfied at such time.
Springing Maturity Date has the meaning provided in the definition ofRevolving Termination Date.”
Springing Maturity Date means October 1, 2021.
Springing Maturity Date means the date that is 91 days before the final stated maturity date of the Existing Unsecured Notes.
Springing Maturity Date means the first Springing Maturity Test Date on which the Springing Maturity Condition is satisfied; provided that if the Springing Maturity Date would otherwise occur on a day which is not a Business Day, such Springing Maturity Date shall instead be deemed to be the immediately preceding Business Day.