Common use of Extension of Maturity Clause in Contracts

Extension of Maturity. Notwithstanding anything contained herein to the contrary, Bank shall have the right, in its sole and absolute discretion, to extend the Revolving Maturity Date to the tenth day of the month next following the actual Revolving Maturity Date as stated in this Agreement.

Appears in 15 contracts

Sources: Loan and Security Agreement (Northern Star Acquisition Corp.), Loan and Security Agreement, Loan and Security Agreement

Extension of Maturity. Notwithstanding anything contained herein to the contrary, Bank shall have the right, in its sole and absolute discretion, to extend the Revolving Line Maturity Date to the tenth day of the month next following the actual Revolving Line Maturity Date as stated in this Agreement.

Appears in 1 contract

Sources: Loan and Security Agreement (Bridgeline Digital, Inc.)