Amortization; Maturity Clause Samples

Amortization; Maturity. On each Payment Date, the Company will prepay the principal amounts set forth in the amortization schedule attached hereto as Schedule 8.1 (the “Amortization Schedule”) (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Yield-Maintenance Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Section 8.2, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of the prepayment. The entire unpaid principal balance of the Notes shall be due and payable on the Maturity Date.
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Amortization; Maturity. On March 30, 2010 and on the 30th day of each June, September, December and March thereafter to and including December 30, 2029, the Company will prepay the principal amounts set forth in the amortization schedule attached hereto as Schedule 8.1 (the “Amortization Schedule”) (or such lesser principal amount as shall then be outstanding) of the Notes at par and without payment of the Yield-Maintenance Amount or any premium, provided that upon any partial prepayment of the Notes pursuant to Section 8.2, the principal amount of each required prepayment of the Notes becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes is reduced as a result of the prepayment. The entire unpaid principal balance of the Notes shall be due and payable on the Maturity Date.
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Amortization; Maturity. The principal of the Mortgage Loan and accrued interest thereon will be paid as and when provided in the Mortgage Note. Principal amounts of the Mortgage Loan repaid by Borrower may not be re-borrowed, and the Mortgage Loan will be permanently reduced by an amount so repaid and by any amount prepaid thereon. The entire then outstanding principal balance thereof, and all accrued and unpaid interest thereon, shall be due and payable on the Mortgage Loan Maturity Date.
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Amortization; Maturity. (a) Until payment in full of the Initial Loans, on the last Business Day of each March, June, September and December, commencing December 2021, the Borrower shall pay to the Administrative Agent, for the ratable account of the Lenders holding Initial Loans, as a repayment of principal of the Initial Loans, $500,000 (which, with respect to any such payment due for the last Business Day of March 2024 or after such date, shall increase to $5,000,000). (b) On the last Business Day of each March, June, September and December following the initial funding of Delayed Draw Loans, and for so long as there are Delayed Draw Loans outstanding, the Borrower shall pay to the Administrative Agent, for the ratable account of the Lenders holding Delayed Draw Loans, as a repayment of principal of the Delayed Draw Loans, an amount equal to 0.25% of the original principal amount of any Delayed Draw Loans funded prior to such date (which, with respect to any such payment due for the last Business Day of March 2024 or after such date, shall increase to 2.50% of the original principal amount of any Delayed Draw Loans funded prior to such date). (c) On the Maturity Date, the Borrower shall pay to the Administrative Agent, for the ratable account of the Lenders, an amount equal to the outstanding principal amount of all Loans together with all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder.
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Related to Amortization; Maturity

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

  • Final Maturity Date 19 Fitch .....................................................................................19

  • Maturity Date This Agreement shall continue in effect until the maturity date set forth on the Schedule (the "Maturity Date"), subject to Section 6.3 below.

  • Redemption; Repayment; Acceleration In the event a Discount Note is redeemed, repaid or accelerated, the amount payable to the Holder of such Discount Note will be equal to the sum of: (A) the Issue Price (increased by any accruals of Discount); and (B) any unpaid interest accrued on such Discount Note to the Maturity Date (“Amortized Face Amount”). Unless otherwise specified on the face hereof, for purposes of determining the amount of Discount that has accrued as of any date on which a redemption, repayment or acceleration of maturity occurs for a Discount Note, a Discount will be accrued using a constant yield method. The constant yield will be calculated using a 30-day month, 360-day year convention, a compounding period that, except for the Initial Period (as defined below), corresponds to the shortest period between Interest Payment Dates for the applicable Discount Note (with ratable accruals within a compounding period), a coupon rate equal to the initial coupon rate applicable to the applicable Discount Note and an assumption that the maturity of such Discount Note will not be accelerated. If the period from the date of issue to the first Interest Payment Date for a Discount Note (the “Initial Period”) is shorter than the compounding period for such Discount Note, a proportionate amount of the yield for an entire compounding period will be accrued. If the Initial Period is longer than the compounding period, then the period will be divided into a regular compounding period and a short period with the short period being treated as provided above.