Early payment of the CBs Sample Clauses

Early payment of the CBs. Each bondholder shall be entitled, after a decision taken by the meeting of the bondholders, by simple majority, if necessary, by simple notification to the Company, to cause all of its CBs to be immediately due in the following circumstances: (i) in the case of voluntary dissolution, merger or de-merger, legal liquidation, or sale of the company [within the meaning of Article L. 621-83 of the French Commercial Code), (ii) if the Company breaches any one of its obligations or commitments arising herefrom, if said breach has not been remedied within thirty (30) business days from the notification of such breach by the bondholders, (iii) in the event that the proceeds of the issue are used for a purpose that does not conform to the Company’s corporate objects, (iv) if the Company ceases all activity on the date of the general meeting called to approve the plan to issue CBs, (v) if the Company’s financial statements are not approved within the timeframe stipulated by law, or within the timeframe given by the presiding judge of the commercial court and (vi) if the Company’s auditors refuse to certify the Company’s financial statements or if the financial statements are certified, but with serious reservations. The bondholder must notify the Company of its request for redemption of the CBs and the date of the Company’s redemption of the CBs to this bondholder would in this case take place within ten (10) days from said notification.
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Related to Early payment of the CBs

  • Early Payments The Obligor on the Receivable has made, or will make, the first two monthly payments under such Receivable.

  • Repurchase of Mortgage Loans with Early Payment Defaults If the related Mortgagor is delinquent with respect to any of the Mortgage Loan's first three (3) Monthly Payments at any time either (i) after origination of such Mortgage Loan, or (ii) after the related Closing Date, the Seller, at the Purchaser's option, shall repurchase such Mortgage Loan from the Purchaser at a price equal to the Repurchase Price. The Seller shall repurchase such delinquent Mortgage Loan within thirty (30) days of such request.

  • Monthly Payment 17 Mortgage......................................................................................17

  • Monthly Payments On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw and the Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or the related Distribution Date, as applicable, to the extent of available funds, the amounts required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Funding Account and the Distribution Account as follows:

  • Payment of Premium Increases (a) As used herein, the term "

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • PREMIUM DUE 4 b. FAILURE TO PAY PREMIUMS.............................................5 c.

  • Acceleration, Etc Upon the occurrence of any Event of Default described in the foregoing Section 10.1(e) or 10.1(f), the Loan shall automatically and immediately terminate and the unpaid principal amount of and any and all accrued interest on the Loan shall automatically become immediately due and payable, with all additional interest from time to time accrued thereon and without presentment, demand or protest or other requirements of any kind (including, without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate or notice of acceleration), all of which are hereby expressly waived by Borrower, and the obligations of Lender to make any further disbursement of the Loan shall thereupon terminate; and upon the occurrence and during the continuance of any other Event of Default, Lender may, by written notice to Borrower, (i) declare that the Loan is terminated, whereupon the Loan and the obligation of Lender to make any further disbursement of the Loan shall immediately terminate, and/or (ii) declare the unpaid principal amount of, any and all accrued and unpaid interest on the Loan and all of the other Obligations to be, and the same shall thereupon be, immediately due and payable with all additional interest from time to time accrued thereon and without presentment, demand, or protest or other requirements of any kind (including without limitation, valuation and appraisement, diligence, presentment, notice of intent to demand or accelerate and of acceleration), all of which are hereby expressly waived by Borrower. Without limiting Lender’s authority hereunder, on or after the Maturity Date, Lender may exercise any or all rights and remedies under the Loan Documents or applicable law, including, without limitation, foreclosure upon the Property or any additional collateral.

  • Premium Payments a. Each annual premium on the Policy shall be paid when due as follows:

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