Equipment Maturity Date definition

Equipment Maturity Date is defined in Section 2.1.1.

Equipment Maturity Date is, for each Equipment Advance, the thirty-ninth (39th) Payment Date for such Equipment Advance, but no later than September 1, 2015.

Equipment Maturity Date means, with respect to each Equipment Advance, the date that is thirty-six (36) months from the Funding Date of such Equipment Advance.

Examples of Equipment Maturity Date in a sentence

• Notwithstanding the foregoing, all unpaid principal and interest on each Supplemental Equipment Advance shall be due on the applicable Supplemental Equipment Maturity Date.

• Notwithstanding the foregoing, all unpaid principal and interest on each Equipment Advance and all other Obligations relating to the Equipment Advances shall be due on the applicable Equipment Maturity Date.

• Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Revolving Line Maturity Date, the Term Loan Maturity Date or the Equipment Maturity Date).

• Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) day grace period shall not apply to payments due on the Revolving Line Maturity Date, the Growth Capital Maturity Date, the Equipment Maturity Date, or the Prior Equipment Maturity Date).

• Borrower fails to (a) make any payment of principal or interest on any Credit Extension on its due date, or (b) pay any other Obligations within three (3) Business Days after such Obligations are due and payable (which three (3) Business Day cure period shall not apply to payments due on the Revolving Line Maturity Date, the Equipment Maturity Date, the Tranche 1 Term Loan Maturity Date or Tranche 2 Term Loan Maturity Date).

More Definitions of Equipment Maturity Date

Equipment Maturity Date is (a) for the Initial Equipment Advance, the first (1st) day of the month which is forty-eight (48) months from the Funding Date of the Initial Equipment Advance, and (b) for each Equipment Advance other than the Initial Equipment Advance, the first (1st) day of the month which is thirty-six (36) months from the Funding Date of such Equipment Advance.

Equipment Maturity Date is with respect to each Equipment Advance, the last day of the Repayment Period for such Equipment Advance, or if earlier, the date of acceleration of such Equipment Advance by Bank following an Event of Default.

Equipment Maturity Date is defined in Section 2.1.2.

Equipment Maturity Date means September 6, 2010.

Equipment Maturity Date means January 18, 2011.

Equipment Maturity Date is defined in Section 2.1.4.

Equipment Maturity Date means February 28, 2004.