Examples of Term A Maturity Date in a sentence
The Borrower shall repay the outstanding principal amount of the Term A Loan in equal quarterly installments of $8,437,500 on the last Business Day of each March, June, September and December, beginning with March 31, 2017 (as such installments may hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), with the outstanding principal balance of the Term A Loan due on the Term A Maturity Date, unless accelerated sooner pursuant to Section 9.02.
The Term A Commitments are not revolving in nature, and amounts repaid or prepaid prior to the Term A Maturity Date may not be reborrowed.
The Borrower shall pay the entire remaining unpaid principal amount of the Term A Loan on the Term A Maturity Date (or in the case of any incremental Term A Loan, on such other maturity date applicable thereto).
Notwithstanding any other provision of this Agreement, the Borrowers shall not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Revolving Credit Maturity Date or the Term A Maturity Date.
The Borrower may from time to time, at its option, by delivering to the Administrative Agent a written extension request (a “ Term A Facility Extension Request ”), request the Term A Lenders to extend the Initial Term A Maturity Date applicable to either Tranche of the Term A Facility, provided that this request cannot be made more than once in any calendar year in respect of the same Tranche.