Facility Maturity Date definition

Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

Facility Maturity Date. August 23, 2026.

Facility Maturity Date means the earliest of (a) the Business Day designated by the Borrower to the Lender pursuant to Section 2.16(b) to terminate this Agreement, (b) the Stated Maturity or (c) the date on which the Facility Maturity Date is declared (or is deemed to have occurred automatically) pursuant to Section 7.01.

Examples of Facility Maturity Date in a sentence

• Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or continue, (i) any Borrowing of a Revolving Loan if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date with respect to the applicable Revolving Commitments or (ii) any Borrowing of a Term Loan if the Interest Period requested with respect thereto would end after the applicable Term Loan Maturity Date.

• Notwithstanding any other provision of this Agreement, no Borrower shall be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Revolving Facility Maturity Date.

• For the avoidance of doubt, commencing with the Revolving Facility Maturity Date of any tranche of Revolving Commitments, the sublimit for Letters of Credit under any tranche of Revolving Commitments that has not so then matured shall be as agreed in the relevant Extension Amendment with such Revolving Lenders (to the extent such Extension Amendment so provides).

• The Former Revolving Credit Facility would have terminated on the Former Facility Maturity Date and loans thereunder were eligible to be borrowed, repaid, and reborrowed up to such date.

• The Loan Facility bears an interest rate of 12% per annum up to the Loan Facility Maturity Date.

More Definitions of Facility Maturity Date

Facility Maturity Date. The two-year anniversary of the Revolving Period End Date.

Facility Maturity Date means the Payment Date occurring in November 2024.

Facility Maturity Date means April 1, 2025, unless accelerated to an earlier date in accordance with Section 2.01(c).

Facility Maturity Date means November 21, 2024, unless otherwise extended pursuant to and in accordance with Section 2.16.

Facility Maturity Date means the third anniversary of the date of this Agreement.

Facility Maturity Date. The day that is the fifth (5th) anniversary of the Closing Date (or, if such day is not a Business Day, the next succeeding Business Day).

Facility Maturity Date means September 25, 2024.