Loan Maturity definition

Loan Maturity. Maturity Date (as defined in the Note).
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Loan Maturity means the date when the Loan will mature and all Obligations hereunder will be due and payable by Borrower to Lender.
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Loan Maturity. With respect to the Original Loans, March 31, 2008. With respect to the Additional Loans, May 31, 2008.
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Examples of Loan Maturity in a sentence

  • Any dividends received on account of the Collateral shall be credited to the Borrower’s account at the Custodial Broker against the Principal at Loan Maturity.

  • Borrower shall pay the Closing Fee at the earliest of (i) the date the Term Loan is prepaid, provided however, if the prepayment is for less than the full amount of the Term Loan, the Closing Fee shall be prorated based on the principal amount of the Term Loan that is prepaid, (ii) the Term Loan Maturity Date, and (iii) the date the Term Loan becomes due and payable, which fee shall be deemed fully earned on the Effective Date notwithstanding its receipt at a different time.

  • Any Obligations remaining outstanding on the Term Loan Maturity Date shall be due and payable in full on the Term Loan Maturity Date.

  • Each Credit Extension made under the Term Loan shall not require scheduled principal payments and shall be “interest-only” until the Term Loan Maturity Date, with interest calculated as set forth in Section 1.3. The outstanding principal amount of each Credit Extension, and any accrued and unpaid interest thereon, shall be due and payable in full on the Term Loan Maturity Date.


More Definitions of Loan Maturity

Loan Maturity means the time at which Borrower is required to pay the Loan in full, whether by acceleration or by expiration of the term of the Loan.
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Related to Loan Maturity

  • Term Loan Maturity Date means, (a) with respect to any Term Loans, the final maturity date as specified for such Term Loans in the applicable Term Loan Amendment and (b) with respect to any Extended Term Loans of a given Term Loan Extension Series, the final maturity date as specified in the applicable Extension Amendment.

  • Revolving Loan Maturity Date means June 15, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by Borrowers and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Applicable Maturity means: (a) in relation to Screen Rate Determination, the period of time designated in the Reference Rate, and (b) in relation to ISDA Determination, the Designated Maturity.