Common use of Maturity of the Loan Clause in Contracts

Maturity of the Loan. The Borrower shall repay the Loan in full on the fifth anniversary of the Drawdown Date (the “Maturity Date”), unless the Loan is sooner accelerated pursuant to this Agreement or any other of the Loan Document.” The new Maturity Date of the Third Amended Loan is January 15, 2024.

Appears in 2 contracts

Samples: Loan Agreement (SemiLEDs Corp), Loan Agreement (SemiLEDs Corp)

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Maturity of the Loan. The Borrower shall repay the Loan in full on the fifth third anniversary of the Drawdown Date (the “Maturity Date”), unless the Loan is sooner accelerated pursuant to this Agreement or any other of the Loan Document.” The new Maturity Date of the Third Amended Loan is January 15, 2024.to:

Appears in 2 contracts

Samples: Loan Agreement (SemiLEDs Corp), Loan Agreement (SemiLEDs Corp)

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Maturity of the Loan. The Borrower shall repay the Loan in full on the fifth fourth anniversary of the Drawdown Date (the “Maturity Date”), unless the Loan is sooner accelerated pursuant to this Agreement or any other of the Loan Document.” The new Maturity Date of the Third Amended Loan is January 15, 2024.to:

Appears in 2 contracts

Samples: Loan Agreement (SemiLEDs Corp), Loan Agreement (SemiLEDs Corp)

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