Initial Maturity Date definition

Initial Maturity Date means the earlier of (i) December 1, 2015 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

Initial Maturity Date has the meaning specified in Section 2.14(a).

Initial Maturity Date means the first date upon which the WCMA Line of Credit will expire (subject to renewal in accordance with the terms hereof); to wit: May 31, 2002.

Examples of Initial Maturity Date in a sentence

• The Note will mature on the Initial Maturity Date; provided, however, that if on the Initial Maturity Date any principal or interest payments in respect of the Corresponding Borrower Loan remain due and payable to the Issuer, the maturity date of this Note will be extended to the Final Maturity Date.

• Payment of the Principal Amount and accrued interest due under this Note to Investor shall be paid in accordance with this Note’s payment schedule, which is available on xxx.xxxxxxxxxxx.xxx and attached hereto as Schedule A, and subject to prepayment until the Initial Maturity Date or, if the maturity of the Note has been extended, until the Final Maturity Date.

• Such payments shall continue until the entire indebtedness evidenced by this Note and all accrued and unpaid interest are fully paid, with any unpaid principal and interest due and payable on the Initial Maturity Date shown above unless the Issuer has extended the maturity date to the Final Maturity Date.

• If the Borrower elects to extend the Initial Maturity Date as set forth in Section 2.16, the Borrower shall pay the Lenders a fee in an amount equal to 0.25% of the Aggregate Commitments for each one (1) month extension.

• The Borrower fails to pay any amount due by the Initial Maturity Date or the Subsequent Maturity Date, each such amount as set forth in Section 2, above.

More Definitions of Initial Maturity Date

Initial Maturity Date means July 27, 2025.

Initial Maturity Date means the fifth anniversary of the Closing Date, or, if such anniversary is not a Business Day, the Business Day immediately following such anniversary.

Initial Maturity Date has the meaning set forth in the definition of “Maturity Date.”

Initial Maturity Date means December 10, 2022.

Initial Maturity Date means April 9, 2019.

Initial Maturity Date means the Payment Date occurring in June, 2020.

Initial Maturity Date means April 9, 2007.