Definition of Term Advance Maturity Date


Term Advance Maturity Date means August 27, 2016 or such earlier date as Lender shall have declared the Obligations immediately due and payable pursuant to Section 7.2.
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Examples of Term Advance Maturity Date in a sentence

Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) day grace period shall not apply to payments due on the Revolving Line Maturity Date, the Tranche I Term Loan Maturity Date, the Tranche II Term Loan Maturity Date or the Term Advance Maturity Date).