Maturity Date Repayment Sample Clauses
The Maturity Date Repayment clause defines the obligation of a borrower to repay the outstanding principal and any accrued interest on a loan by a specified maturity date. In practice, this means that regardless of any interim payments or partial repayments, the full remaining balance must be settled in one lump sum on the agreed-upon date. This clause ensures that both parties are clear on the final deadline for repayment, thereby reducing ambiguity and helping to manage expectations regarding the loan's lifecycle.
Maturity Date Repayment. The Borrower shall repay in full the entire outstanding principal amount of the Loan, along with any other outstanding payment Obligations, on the Maturity Date. Prior thereto, payments and prepayments of the Loan shall be made as set forth below in this Section 2.2 and Section 2.3.
Maturity Date Repayment. On the Maturity Date, the Company shall be liable to pay to the Lenders the aggregate outstanding principal amount of the Notes, together with all interest accrued thereon (such outstanding principal amount, together with such accrued interest, being called the “Aggregate Amount”), together with all other amounts in respect of the Notes then owing to the Lender hereunder and under the other Transaction Documents, whether for costs and expenses or otherwise, as limited by Section 8.13.
Maturity Date Repayment. The maturity date for the Incremental Term A-3 Loan shall be July 22, 2028 (the “Incremental Term A-3 Loan Maturity Date”). The Borrower shall repay in full the unpaid principal amount of the Incremental Term A-3 Loan on the Incremental Term A-3 Loan Maturity Date.
Maturity Date Repayment. Subject to Section 9, all Advances and all other amounts outstanding under a Credit Facility, including principal, interest and fees, the full face amount of all Bankers’ Acceptances and undiscounted amount of all B/A Equivalent Loans and any other amounts then unpaid with respect to such Credit Facility, shall be paid, and such Credit Facility shall be cancelled, on the applicable Maturity Date.
Maturity Date Repayment. Unless earlier repaid, as provided herein, the outstanding principal amount of this Note and any accrued and unpaid interest thereon shall be due and payable on December 31, 2026 (the “Maturity Date”). Beginning on March 31, the Borrower shall make quarterly payments (i.e., March, June, September and December) of accrued and unpaid interest plus principal in an amount sufficient to fully amortize the then-outstanding principal amount of this Note through the Maturity Date. All payments of interest and principal shall be in lawful money of the United States of America. Any payments received by the Lender in accordance with this Note shall be applied: first, to any other fees incurred for costs of collection under this Note; second to accrued and unpaid interest on this Note; and last, to principal until all outstanding principal has been paid in full.
Maturity Date Repayment. In the event that this Note remains outstanding on the Maturity Date, then the outstanding principal balance of this Note and any unpaid accrued interest shall, upon the election of the Majority Holders given prior to the Maturity Date, convert as of the Maturity Date into shares of Common Stock at a conversion price equal to $5.5674 (the “Maturity Date Conversion Price” and together with the Forced Conversion Price the “Conversion Price”).
Maturity Date Repayment. The maturity date for the Delayed Draw Incremental Term Loan shall be June 30, 2027 (the “Delayed Draw Incremental Term Loan Maturity Date”). The Borrower shall repay in full the unpaid principal amount of the Delayed Draw Incremental Term Loan on the Delayed Draw Incremental Term Loan Maturity Date.
Maturity Date Repayment. On the Maturity Date, the Company shall pay to the Holder the outstanding Principal amount, together with any accrued and unpaid Interest or accrued and unpaid Default Interest on Principal and Interest.
Maturity Date Repayment. The maturity date for the Incremental Term A-4 Loans shall be the earlier of (A) the date that is fifteen (15) months after the Incremental Term A-4 Funding Date and (B) the Springing Maturity Date (defined below) (such earlier date, the “Incremental Term A-4 Maturity Date”). The Borrower shall repay in full the unpaid principal amount of the Incremental Term A-4 Loans on the Incremental Term A-4 Maturity Date (or such earlier date on which the Incremental Term A-4 Loans become due and payable pursuant to subsection 9 of the Credit Agreement).
Maturity Date Repayment. In the event that the Convertible Debenture(s) remain outstanding on the Maturity Date, and Investor elects not to convert such Convertible Debenture(s) into Conversion Securities pursuant to Section 2.01(c)(ii)(1), then the outstanding principal balance of the Convertible Debenture(s) and any unpaid accrued interest will become due and payable to Investor by the Issuer immediately.