Common use of Maturity of Loans Mandatory Prepayments Clause in Contracts

Maturity of Loans Mandatory Prepayments. (a) Each Loan of each Class shall mature, and the outstanding principal amount thereof shall be due and payable (together with interest accrued thereon), on the Maturity Date for such Class of Loans.

Appears in 2 contracts

Samples: Credit Agreement (Lyondell Petrochemical Co), Credit Agreement (Lyondell Chemical Co)

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Maturity of Loans Mandatory Prepayments. (a) Each Loan of each Class shall mature, and the outstanding principal amount thereof shall be due and payable (together with interest accrued thereon), on the Maturity Date for such Class of LoansTermination Date.

Appears in 1 contract

Samples: Agreement (Marvel Enterprises Inc)

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Maturity of Loans Mandatory Prepayments. (a) Each Loan of each Class shall mature, and the outstanding principal amount thereof shall be due and payable (together with interest accrued thereon)in full, on the Maturity Date for such Class of LoansTermination Date.

Appears in 1 contract

Samples: Pledge Agreement (Beverly Enterprises Inc)

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