Definition of Term B-3 Maturity Date


Term B-3 Maturity Date means November 12, 2022; provided, however, that if such date is not a Business Day, the Term B-3 Maturity Date shall be the next preceding Business Day.
Sample 1

Examples of Term B-3 Maturity Date in a sentence

The Term B-3 Loans of each Term B-3 Lender shall be payable in equal consecutive quarterly installments on the last Business Day of each of December, March, June and September, commencing on the last Business Day of June 2015, in an amount equal to $5,648,797.44 (as adjusted to reflect any prepayments thereof (other than any Discounted Voluntary Prepayment)), with the remaining balance of Term B-3 Loans payable on the Term B-3 Maturity Date.
Following the Twelfth Amendment Effective Date, the Term B-3 Loans of each Term B-3 Lender shall be payable in equal consecutive quarterly installments on the last Business Day of each of December, March, June and September, in an amount equal to $6,129,649.64, with the remaining balance of Term B-3 Loans payable on the Term B-3 Maturity Date, in each case in accordance with the Credit Agreement.