Stated Maturity definition
Examples of Stated Maturity in a sentence
Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with the terms of such Securities and (except as otherwise specified as contemplated by Section 3.01 for Securities of any series) in accordance with this Article.
If the date of any Payment Date, Redemption Date or Stated Maturity shall not be a Business Day, then notwithstanding any other provision of the Notes or this Indenture, payment need not be made on such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the nominal date of any such Payment Date, Redemption Date or Stated Maturity date.
The applicable Loan Party shall use commercially reasonable efforts to sell (i) any Pledged Collateral that constitutes Margin Stock not later than 45 days after the later of (x) the date of such Loan Party's acquisition thereof and (y) the date such Pledged Collateral became Margin Stock, (ii) any asset held by any SPV Subsidiary prior to the Stated Maturity and (iii) any applicable Collateral Loan prior to the receipt of any Prohibited Consideration in accordance with Section 4.18(b).