Existing Revolving Commitment Termination Date definition
Examples of Existing Revolving Commitment Termination Date in a sentence
Interest on all outstanding Base Rate Loans shall be payable quarterly in arrears on the last day of each March, June, September and December and on the Existing Revolving Commitment Termination Date (but only in the case of Loans held by the Non-Extending Lenders), the Revolving Commitment Termination Date, the Term Loan A Maturity Date, the Term Loan A-1 Maturity Date or the Term Loan A-2 Maturity Date, as the case may be.
The Borrower and the Lenders agree that the outstanding principal amount of all Revolving Loans held by Non-Extending Lenders shall be due and payable (together with accrued and unpaid interest thereon), and shall be paid to such Lenders, on the Existing Revolving Commitment Termination Date.
Interest on each Swingline Loan shall be payable on the maturity date of such Loan, which shall be the fifth Business Day following such Swingline Borrowing, on each Existing Revolving Commitment Termination Date and on the Revolving Commitment Termination Date.
Further, to the extent any Swingline Loans are outstanding on the Existing Revolving Commitment Termination Date, all such Swingline Loans shall be repaid in full on such date.
Further, to the extent any Swingline Loans are outstanding on any Existing Revolving Commitment Termination Date, all such Swingline Loans shall be repaid in full on such date.
Without limiting the foregoing, to the extent any Swingline Loans are outstanding on the Existing Revolving Commitment Termination Date, all such Swingline Loans shall be repaid in full on such date.
The Lenders acknowledge that the Revolving Commitment of the Non-Extending Lenders will not be extended and will terminate on the Existing Revolving Commitment Termination Date.
Interest on each Swingline Loan shall be payable on the maturity date of such Loan, which shall be the fifth Business Day following such Swingline Borrowing, on the Existing Revolving Commitment Termination Date and on the Revolving Commitment Termination Date.
Without limiting the foregoing, to the extent any Swingline Loans are outstanding on any Existing Revolving Commitment Termination Date, all such Swingline Loans shall be repaid in full on such date.
The Borrower agrees that it will not request any Revolving Borrowing to be funded or made available to the Borrower on the Existing Revolving Commitment Termination Date.