Springing Maturity Date definition

Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

Springing Maturity Date means the date that is ninety-one (91) days prior to the final maturity date of the 2026 Senior Notes, if any 2026 Senior Notes remain outstanding on such date.

Springing Maturity Date means the first Springing Maturity Test Date on which the Springing Maturity Condition is satisfied; provided that if the Springing Maturity Date would otherwise occur on a day which is not a Business Day, such Springing Maturity Date shall instead be deemed to be the immediately preceding Business Day.”

Examples of Springing Maturity Date in a sentence

• The Trustee or the Paying Agent will provide notice to the Issuer of any money deposited with the Trustee or the Paying Agent by the Issuer in excess of the amounts necessary to pay the principal owing on the Notes and accrued and unpaid interest to but excluding the Springing Maturity Date.

• Such Springing Maturity Date shall be conditioned on the Springing Maturity Condition.

• Upon written request of the Issuer, the Trustee or the Paying Agent shall promptly return to the Issuer any money deposited with the Trustee or the Paying Agent by the Issuer in excess of the amounts necessary to pay the principal owing on the Notes and accrued and unpaid interest to but excluding the Springing Maturity Date.

• Subject to compliance with Section 2.14(e) hereof, on and after the Springing Maturity Date, the Notes shall cease to be outstanding and interest thereon shall cease to accrue on Notes.

• At least two Business Days (unless a shorter notice shall be agreed to by the Trustee) before notice of any anticipated Springing Maturity Date is required to be delivered or mailed to Holders pursuant to Section 2.14(c) hereof, the Issuer shall furnish to the Trustee the form of such notice together with an Officer’s Certificate.

More Definitions of Springing Maturity Date

Springing Maturity Date means the date that is 91 days prior to the stated maturity date of (a) the 2022 Notes if, on such date, any such 2022 Notes remain outstanding or (b) the 2023 Notes if, on such date, any 2023 Notes remain outstanding; provided that the Springing Maturity Date shall not apply for any purpose under this Agreement if, on the applicable date, Borrower and its Restricted Subsidiaries have Liquidity (as defined below) of at least the sum of (x) the outstanding principal amount of the notes referred to above next maturing (and triggering such Springing Maturity Date) plus (y) $50,000,000. For purposes hereof, “Liquidity” shall mean, at any time, the sum of (i) the Unrestricted Cash Amount of the Borrower and its Restricted Subsidiaries and (ii)(A) the aggregate Revolving Credit Commitments of all Revolving Credit Lenders at such time over (B) the aggregate Total Revolving Outstandings at such time, provided that, with respect to this clause (ii), the conditions set forth in Sections 4.02(a) and (b) shall be satisfied at such time.

Springing Maturity Date has the meaning provided in the definition of “Revolving Termination Date.”

Springing Maturity Date means October 1, 2021.

Springing Maturity Date means the 91st day prior to the scheduled maturity date of any applicable Reference Debt.

Springing Maturity Date means the first Springing Maturity Test Date on which the Springing Maturity Condition is satisfied; provided that if the Springing Maturity Date would otherwise occur on a day which is not a Business Day, such Springing Maturity Date shall instead be deemed to be the immediately preceding Business Day.

Springing Maturity Date the date that is 45 days prior to the earlier to occur of the stated final maturity date of the Senior Dollar 2014 Notes and the Senior Euro 2014 Notes respectively.

Springing Maturity Date means the date that is 181 days before the seventh anniversary of the Closing Date.