Examples of Term Credit Termination Date in a sentence
Each 2025 Term Loan, both for principal and interest not sooner paid, shall mature and be due and payable by the Borrower on the 2025 Term Credit Termination Date.
Each 2026 Term Loan, both for principal and interest not sooner paid, shall mature and be due and payable by the Borrower on the 2026 Term Credit Termination Date.
The agreements in this subsection shall survive the Short Term Credit Termination Date.
In addition, the Borrowers shall pay to the Agent, from and after the Closing Date until Term Credit Termination Date, an Unused Line Fee accruing at the rate of one half of one percent (.50%) per annum on the excess, if any, of the Term Loan Commitment over the aggregate principal amount of Term Loans (computed on an average daily basis) outstanding from time to time.
In the event the Aggregate Term Loan Commitment is terminated, the Term Credit Termination Date shall accelerate to such date of termination and the Hxxx Companies shall, simultaneously with such termination, repay the Term Loans, whether Base Rate Loans and LIBO Rate Loans, in accordance with ss.2.8.