Common use of Extensions of Maturity Clause in Contracts

Extensions of Maturity. All parties to this Promissory Note, whether maker, indorser, or guarantor, agree that the maturity of this Promissory Note, or any payment due hereunder, may be extended at any time or from time to time without releasing, discharging, or affecting the liability of such party.

Appears in 5 contracts

Samples: Loan and Security Agreement (Halifax Corp), Promissory Note (Avatech Solutions Inc), Loan and Security Agreement (Ea Engineering Science & Technology Inc)

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Extensions of Maturity. All parties to this Promissory Note, whether maker, indorser, or guarantor, agree that the maturity of this Promissory Note, or any payment due hereunder, may be extended at any time or from time to time without releasing, discharging, or affecting the liability of such party.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement (Mma Capital Management, LLC), Senior Promissory Note (Citadel Security Software Inc), Senior Promissory Note (Citadel Security Software Inc)

Extensions of Maturity. All parties to this Promissory Note, whether maker, indorser, or guarantor, Note agree that ---------------------- the maturity of this Promissory Note, or any payment due hereunder, may be extended at any time or from time to time without releasing, discharging, or affecting the liability of such party, provided that any such extension is agreed to in a writing executed by the OBLIGOR and the OBLIGEE.

Appears in 1 contract

Samples: Mutual Termination Agreement (Bradford Bancorp Inc /MD)

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Extensions of Maturity. All parties to this Promissory Note, whether maker, indorser, or guarantor, Note agree that the maturity of this Promissory Note, or any payment due hereunder, may be extended at any time or from time to time without releasing, discharging, or affecting the liability of such party, provided that any such extension is agreed to in a writing executed by the OBLIGOR and the OBLIGEE.

Appears in 1 contract

Samples: Mutual Termination Agreement (Patapsco Bancorp Inc)

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