Term Out Loan Maturity Date definition

Term Out Loan Maturity Date means, with respect to each Term Out Loan Advance, the date which is three (3) years after such Term Out Loan Advance.
Term Out Loan Maturity Date is the date that is the earliest to occur between (i) the date that is forty-eight (48) months after such Term-Out Loan was made and (ii) September 7, 2023.
Term Out Loan Maturity Date means June 28, 2015.

Examples of Term Out Loan Maturity Date in a sentence

  • All outstanding principal under each Term Out Loan Advance, together with all unpaid accrued interest thereon, and all other amounts payable by Borrower with respect to each Term Out Loan Advance pursuant to the terms of the Loan Documents, shall be due and payable on the applicable Term Out Loan Maturity Date in lawful money of the United States of America.

  • The principal amount of each Term Out Loan Advance shall be paid in equal quarterly installments equal to (A) the original principal amount of the applicable Term Out Loan Advance divided by (B) sixteen (16), commencing on the first Principal Payment Date following the date of such Term Out Loan Advance and on each Principal Payment Date thereafter through the applicable Term Out Loan Maturity Date.


More Definitions of Term Out Loan Maturity Date

Term Out Loan Maturity Date means the date that is fifteen months after the Closing Date.