Definition of Tranche B Loan Maturity Date


Tranche B Loan Maturity Date means the date following 24 months after the Effective Date.
Sample 1 Sample 2


Tranche B Loan Maturity Date means December 7, 2020.
Sample 1

Examples of Tranche B Loan Maturity Date in a sentence

All the Capital Stock, as set forth on Schedule 8.12, in the Borrower and each other Credit Party (other than the Parent) is legally and beneficially owned directly or indirectly by the Parent and, except as permitted by Section 10.02, such structure shall remain so until the later of the Tranche A Loan Maturity Date and the Tranche B Loan Maturity Date.
Each Tranche B Note shall be due and payable as provided herein and therein, and shall be due and payable in full on the last day of the Tranche B Loan Maturity Date.
The aggregate outstanding principal amount of Tranche B Loans and accrued interest thereon which remain unpaid on the Tranche B Loan Maturity Date, or such earlier date as payment may be due by reason of prepayment, acceleration or otherwise, shall be paid in full on such date.