Common use of Maturity of Loans Clause in Contracts

Maturity of Loans. Each Loan included in any Borrowing shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Borrowing.

Appears in 76 contracts

Samples: Credit Agreement, Credit Agreement (Target Corp), Credit Agreement (Target Corp)

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Maturity of Loans. (a) Each Loan included in any Borrowing shall mature, and the principal amount thereof and interest thereon shall be due and payable, on the last day of the Interest Period applicable to such Borrowing.

Appears in 9 contracts

Samples: Credit Agreement (Gables Realty Limited Partnership), Credit Agreement (Gables Residential Trust), Credit Agreement (Gables Realty Limited Partnership)

Maturity of Loans. (a) Each Fixed Rate Loan included in any Borrowing shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Borrowing.

Appears in 5 contracts

Samples: Credit Agreement (Airborne Freight Corp /De/), Credit Agreement (Irt Property Co), Credit Agreement (Russell Corp)

Maturity of Loans. (a) Each Loan included in any Borrowing shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Borrowing; PROVIDED, THAT, in the case of a Base Rate Loan which is prepaid prior to the end of the Interest Period (except to the extent set forth to the contrary in Section 2.09) therefor, interest shall not be due and payable with respect to same until that date which was scheduled to be the last day of the Interest Period applicable thereto.

Appears in 1 contract

Samples: Credit Agreement (Loewen Group Inc)

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Maturity of Loans. Each Loan included in any Borrowing shall mature, and the principal 27009/304/CA/ca.96.364.comp Draft of: 02/11/98 4:31pm amount thereof shall be due and payable, on the last day of the Interest Period applicable to such Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Gillette Co)

Maturity of Loans. Each Loan included in any Borrowing shall mature, mature and the principal amount thereof shall be become due and payable, payable by the Borrower on the last day of the Interest Period applicable to such Borrowingthereto.

Appears in 1 contract

Samples: Credit Agreement (Nash Finch Co)

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