Maturity; Interest. The Series [__] Notes will have the maturity dates and bearing interest at the rates set forth therein.
Maturity; Interest. [Here insert scheduled prepayments, if any, on the Series [____] Notes.] The Series [____] Notes will have the maturity date and bear interest at the rate set forth therein.
Maturity; Interest. [Here insert scheduled prepayments, if any, on the Series [____] Notes.] The Series [____] Notes will have the maturity date and bear interest at the rate set forth therein. 8. Prepayments of the Series [____] Notes. [All prepayment provisions in Section 8 of the Master Note Purchase Agreement shall apply to the Series [____] Notes equally as “Notes” thereunder, subject to the definitions applicable to the Series [____] Notes contained herein.] [If applicable, here insert special provisions for Series [____] Notes including prepayment provisions applicable to Series [____] Notes (including Make-Whole Amount or any applicable premium, if any) and the definition of “Default Rate” for the Series [____] Notes and the definition of “Business Day” related to the calculation of a Make-Whole Amount or any applicable premium for the Series [____] Notes.] 9.
Maturity; Interest. The term of the Notes will end at the Final Maturity Date as further set-out in the Offering Supplement. As set-out in the Offering Supplement the Notes bear a claim of accrued variable interest as well principal at the end of the Maturity Date on the basis of any proceeds received by the Issuer from the Underlying Loan after deduction of Expenses as further detailed in the Offering Supplement (the “Proceeds”). For the avoidance of doubt the Notes will be deemed to be paid back in full after the pro rata receipt of the Proceeds to the Noteholder.
Maturity; Interest. (a) The interest on the unpaid amount of each Bank Bond from and including the applicable Purchase Date shall be computed at a rate per annum equal to the Bank Rate. Interest on Bank Bonds shall be paid on each Interest Payment Date. The outstanding principal amount of each Bank Bond, and the interest accrued thereon, shall be repaid by or on behalf of the Issuer not later than the earliest to occur of (i) the date on which any Bank Bonds are redeemed, defeased, accelerated or otherwise paid in accordance with their terms, (ii) the date of the remarketing of the Bank Bonds, (iii) the date on which any Bank Bonds mature in accordance with their terms, (iv) the effective date of an Alternate Liquidity Facility, (v) the date on which the Issuer elects to convert or change the interest rate on all or a portion of the Bonds to an interest rate other than the mode effective on the effective date of the Facility and (vi) the end of the Term Out Period, if applicable (any one of the foregoing constituting a “Payment Due Date”). In addition to repayment of the interest due on each Bank Bond on each Interest Payment Date and each Payment Due Date as set forth in the immediately preceding sentence, any amount representing Differential Interest Amount unpaid by the Issuer on a Sale Date may be paid on each Payment Due Date set forth in clauses (i)-(v) above, inclusive, and, in any event, shall be paid no later than the final day of the Term Out Period, and such Differential Interest Amount shall, subject to State laws relevant thereto, bear interest at the Bank Rate, payable on each Payment Due Date set forth in clauses (i)-(v) above, inclusive, and, in any event, shall be paid no later than the final day of the Term Out Period.
Maturity; Interest. The Principal Amount, together with interest due on this Note outstanding as of the date of repayment, shall be repaid in cash on the earlier to occur of: (i) July 17, 2024 and (ii) the full or partial exercise of certain Series B Convertible Preferred Stock purchase warrants currently held by the Lender or its affiliates, issuable for at least 9,322 shares of the Borrower’s Series B Convertible Preferred Stock, par value $0.0001 per share, upon such full or partial exercise (such date, the “Maturity Date”). This Note shall not bear interest except as contemplated in Section 4 below. At any time after the Issuance Date, the Borrower may repay all or less than all of the outstanding Principal Amount, with no penalty or premium of any kind, upon at least one (1) day’s written notice to the Lender.
Maturity; Interest
