Common use of Maturity Date Payment Clause in Contracts

Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 2 contracts

Samples: Promissory Note (Marketcentral Net Corp), Promissory Note (Marketcentral Net Corp)

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Maturity Date Payment. The Unless the Principle and outstanding interest is previously forgiven by vote of the Board of Directors of the Payee in the course of the Payee's business, the Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 October 20th 2009 (Five Years 365 days hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx Payee (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Stock Purchase Agreement (Domark International Inc.)

Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 2/4/2007 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx Xxxxx (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Promissory Note (Marketcentral Net Corp)

Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 2/6/2007 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Promissory Note (Marketcentral Net Corp)

Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 2/4/2007 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Promissory Note (Marketcentral Net Corp)

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Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 2/13/2007 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Promissory Note (Marketcentral Net Corp)

Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 2/20/2007 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Promissory Note (Marketcentral Net Corp)

Maturity Date Payment. The Maker shall repay the principal amount of this ----------------------- Note, and any interest accrued thereon then remaining unpaid, on the Maturity Date (as hereafter defined). Notwithstanding the foregoing, the entire principal balance of this Note then outstanding, plus any accrued and unpaid interest thereon shall be due and payable on the earliest of (a) 12/10/2006 12/21/2006 (Five Years hence) or (b) such earlier date on which said amount shall become due and payable on account of acceleration by Pxxxx Payee (the "MATURITY DATE"). Maker agrees that, on the Maturity Date, Maker will pay to Payee the entire principal balance of this Note then outstanding, together with all accrued and unpaid interest hereunder.

Appears in 1 contract

Samples: Promissory Note (Marketcentral Net Corp)

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