Revolving Credit Maturity Date Clause Samples
The Revolving Credit Maturity Date clause defines the specific date on which all outstanding amounts under a revolving credit facility must be repaid in full. This clause typically applies to lines of credit that allow borrowers to draw, repay, and redraw funds up to a certain limit, and it sets a clear endpoint for the availability of credit and the repayment obligation. By establishing a definitive maturity date, the clause provides certainty for both lender and borrower regarding the duration of the credit arrangement and helps manage financial planning and risk exposure.
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Revolving Credit Maturity Date. October 10, 2018, as such date may be extended as provided in §4.15, or such earlier date on which the Loans shall become due and payable pursuant to the terms hereof.
Revolving Credit Maturity Date. The definition of Revolving Credit Maturity Date is hereby extended to March 31, 2002, provided however, if Borrowers' independent public accountant does not issue a clean opinion for the period ending December 31, 2000, such Revolving Credit Maturity Date shall mean September 30, 2001.
Revolving Credit Maturity Date. November 2, 2012.
Revolving Credit Maturity Date the first to occur of (i) the Revolving Credit Termination Date, (ii) the occurrence of an Event of Default in consequence of which Lender elects to accelerate the maturity and payment of the Obligations, or (iii) termination of this Agreement pursuant to Section 4 hereof.
Revolving Credit Maturity Date. November 16, 2025, as such date may be extended as provided in §2.13, or such earlier date on which the Revolving Credit Loans shall become due and payable pursuant to the terms hereof. S&P. Standard & Poor’s Ratings Group. Sanctioned Person. Any Person that is (i) any Person listed in any Sanctions-related list of designated Persons maintained by any Governmental Authority of the United States of America, including without limitation, OFAC or the U.S. Department of State, or by the United Nations Security Council, Her Majesty’s Treasury, the European Union or any other Governmental Authority, (ii) any Person located, operating, organized or resident in a Designated Jurisdiction, (iii) an agency of the government of a Designated Jurisdiction, or (iv) any Person owned or controlled by any Person or agency described in any of the preceding clauses (i) through (iii).
Revolving Credit Maturity Date the Initial Revolving Credit Maturity Date, or (ii) if the Initial Revolving Credit Maturity Date is extended pursuant to §3.1(b)(i), the First Extended Revolving Credit Maturity Date, or (iii) if the First Extended Revolving Credit Maturity Date is extended pursuant to §3.1(b)(ii), the Second Extended Revolving Credit Maturity Date, or (iv) such earlier date on which the Revolving Loans shall become due and payable pursuant to the terms hereof. Revolving Lenders. The Lenders having Revolving Commitments, together with their permitted successors and assigns. Revolving Loan. Collectively, the amounts advanced from time to time by Revolving Lenders to Borrower under the Revolving Commitments for Revolving Loans, not to exceed $300,000,000 at any time Outstanding; subject, however, to increase in accordance with §2.9.
Revolving Credit Maturity Date. The Borrower promises to pay to the Agent for the account of the Lenders with Revolving Credit Loans the aggregate principal amount of the Revolving Credit Loans outstanding on the Revolving Credit Loan Maturity Date, and there shall become absolutely due and payable on the Revolving Credit Loan Maturity Date all of the Revolving Credit Loans outstanding on such date, together with all accrued and unpaid interest thereon.
Revolving Credit Maturity Date. May 16, 2005. ------------------------------ Revolving Credit Notes. See Section 2.2. ---------------------- Revolving Loans. Collectively, the loans in the maximum aggregate --------------- principal amount of $60,000,000 made or to be made to the Borrower by the Banks pursuant to Section 2.1(a) of this Agreement and subject to the limitations contained herein.
Revolving Credit Maturity Date. The earlier of (i) October 22, 2008 and (ii) the occurrence of the Permitted Debt Offering Maturity Event.
Revolving Credit Maturity Date. The Borrower shall have two (2) options (which shall be binding on the Lenders), exercisable by written notice to the Administrative Agent given no more than 120 days nor less than 30 days prior to the then Revolving Maturity Date, to extend the Revolving Maturity Date for a period of six (6) months per extension option. Upon delivery of such notice, the Revolving Maturity Date shall be extended for six (6) months so long as the following conditions are satisfied as of the effective date of such extension: (i) no Default or Event of Default has occurred and is continuing; (ii) the representations and warranties made or deemed made by the Borrower in any Loan Document shall be true and correct in all material respects except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties shall have been true and correct in all material respects on and as of such earlier date); and (iii) the Borrower shall have paid an extension fee equal to 0.0625% of the then aggregate outstanding amount of the Revolving Commitments (to the Administrative Agent for the ratable benefit of the Revolving Lenders).