Common use of MATURITY EVENT Clause in Contracts

MATURITY EVENT. Upon the occurrence of a Maturity Event (as hereinafter defined), the entire unpaid Principal balance and all accrued interest shall become immediately due and payable without further demand or notice to Borrower. To the extent permitted by law, any of the following events shall be a “Maturity Event” under this Note and the Stock Pledge Agreement:

Appears in 3 contracts

Samples: Employee Loan Agreement, Stock Pledge Agreement (Fluidigm Corp), Stock Pledge Agreement (Fluidigm Corp)

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MATURITY EVENT. Upon the occurrence of a Maturity Event (as hereinafter defined), the entire unpaid Principal balance principal balance, together with all accrued but unpaid interest thereon, and all accrued interest other sums due hereunder, shall become immediately due and payable without further demand or notice to BorrowerBorrowers. To the extent permitted by law, any of the following events shall be a "Maturity Event" under this Note and the Stock Pledge AgreementDeed of Trust:

Appears in 2 contracts

Samples: Employee Loan Agreement (Inktomi Corp), Employee Loan Agreement (Inktomi Corp)

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MATURITY EVENT. Upon the occurrence of a Maturity Event (as hereinafter defined), the entire unpaid Principal balance principal balance, together with all accrued but unpaid interest thereon, and all accrued interest other sums due hereunder, shall become immediately due and payable without further demand or notice to BorrowerBorrowers. To the extent permitted by law, any of the following events shall be a "Maturity Event" under this Note and the Stock Pledge AgreementSecond Deed of Trust:

Appears in 1 contract

Samples: Altigen Communications Inc

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