Revolving Loan Maturity Date Sample Clauses
The Revolving Loan Maturity Date clause defines the specific date on which all outstanding amounts under a revolving loan facility must be repaid in full. In practice, this clause sets a clear deadline for borrowers to settle any remaining principal, interest, and fees associated with the revolving credit line, regardless of how many times the loan has been drawn or repaid during the term. By establishing a firm end date for repayment, the clause provides certainty for both lender and borrower, ensuring that the loan does not remain open indefinitely and facilitating financial planning for both parties.
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Revolving Loan Maturity Date. On the Revolving Loan Maturity Date all Revolving Loan Commitments shall automatically and permanently terminate. On the Revolving Loan Maturity Date, to the extent there are outstanding Revolving Loans the Borrowers shall immediately pay to the Administrative Agent such outstanding amount for distribution to the Revolving Lenders on a pro rata basis (as calculated based upon the outstanding principal balances of the Revolving Notes as of the date of such payment).
Revolving Loan Maturity Date. The definition of “Revolving Loan Maturity Date” set forth in Section 1.1 of the Loan Agreement is hereby amended and restated in its entirety to read as follows:
Revolving Loan Maturity Date. Notwithstanding anything to the contrary in this Agreement, Revolving Loans may be borrowed, repaid and re-borrowed, until March 9, 2009 (the “Revolving Loan Maturity Date”) on which date the entire unpaid principal balance of the Revolving Loans and all accrued and unpaid interest thereon shall be due and payable. After the Revolving Loan Maturity Date, no further Revolving Loans shall be made.
Revolving Loan Maturity Date. The reference to “July 31, 2006” in Section 6.1.2 of the Original Loan Agreement is deleted and replaced with “July 31, 2007”.
Revolving Loan Maturity Date. In addition to the foregoing, a final payment of all Revolving Loans, together with accrued interest and fees with respect thereto, shall be due and payable on the Revolving Loan Maturity Date.
Revolving Loan Maturity Date. Subject to the terms and conditions set forth in this Agreement, Revolving Loans may be borrowed, repaid and re-borrowed until June 30, 2010 (the “Revolving Loan Maturity Date”) on which date the entire unpaid principal balance of the Revolving Loans and all accrued and unpaid interest thereon shall be due and payable. After the Revolving Loan Maturity Date, no further Revolving Loans shall be made.”
(b) Section 2 (Interest) of the Schedule is hereby deleted in its entirety and replaced with Section 2 as set forth on Exhibit A attached hereto.
(c) Subsections (h) - (l) of Section 5 of the Schedule are hereby deleted in their entirety.
Revolving Loan Maturity Date. The entire principal balance of the Revolving Loan, together with all accrued interest, fees and other Secured Obligations on or relating to the Revolving Loan, shall be repaid in full on the Revolving Loan Maturity Date.
Revolving Loan Maturity Date. April 30, 1999, or such earlier date as payment of the Revolving Loans shall be due (whether by acceleration or otherwise).
Revolving Loan Maturity Date. Effective as of the Amendment ---------------------------- Effective Date and notwithstanding anything to the contrary, the Construction Loan Agreement is amended by extending the Revolving Loan Maturity Date to December 1, 2000. Effective as of the