Term-Out Maturity Date definition

Term-Out Maturity Date means, if so selected by the Borrower pursuant to Section 2.09(a), May 8, 2009.
Term-Out Maturity Date has the meaning set forth in Section 3.3(b).
Term-Out Maturity Date means the date that is one year after the Termination Date or, if such day is not a Euro-Dollar Business Day, the next day thereafter that is a Euro-Dollar Business Day.

Examples of Term-Out Maturity Date in a sentence

  • From and after the Commitment Termination Date, any Revolving Loans for which the Borrower has elected the Term-Out Maturity Date shall consist entirely of Alternate Base Rate Loans and Eurodollar Loans, and any such Revolving Loans which consist of Federal Funds Rate Loans on the Commitment Termination Date shall automatically be converted into Alternate Base Rate Loans in the absence of a conversion on such date into Eurodollar Loans.

  • No extension will be permitted hereunder if the Borrower has selected the Term-Out Maturity Date pursuant to Section 2.09(a).

  • If the Borrower gives notice to the Managing Administrative Agent in accordance with the preceding sentence, the Borrower hereby agrees that the outstanding principal balance of each Revolving Loan outstanding on the Commitment Termination Date shall be payable on the Term-Out Maturity Date.

  • It is understood that, whether or not the Term-Out Maturity Date is selected, (x) the Commitments shall automatically terminate on the Commitment Termination Date and (y) no maturity date for any Competitive Loan or Swingline Loan may be extended beyond the Commitment Termination Date.

  • Notwithstanding clause (i) above, the Borrower may, upon written notice to the Managing Administrative Agent and each of the Lenders given at least three Business Days prior to the Commitment Termination Date, extend the date upon which the principal amount of the Revolving Loans outstanding as of the Commitment Termination Date will be due and payable to the Term-Out Maturity Date.


More Definitions of Term-Out Maturity Date

Term-Out Maturity Date if so selected by the Borrower pursuant to subsection 2.4(a), the first anniversary of the Termination Date.
Term-Out Maturity Date means the first anniversary of the Commitment Termination Date.
Term-Out Maturity Date means, if so selected by the Borrower pursuant to Section 2.09(a), November 17, 2006.
Term-Out Maturity Date means as defined in Section 2.1(h)(i).
Term-Out Maturity Date has the meaning set forth in Section 2.11 hereof.
Term-Out Maturity Date means December 8, 1999, unless the Revolving Period Termination Date is extended as provided in Section 1.2, in which case the Term-Out Maturity Date shall be the first anniversary of the Revolving Period Termination Date as so extended.
Term-Out Maturity Date means the date that is one year after the Termination Date or, if such day is not a Euro-Dollar Business Day,