Maturity of the Notes Sample Clauses

Maturity of the Notes. (a) The Notes shall mature on February 18, 2014 (the “Expected Maturity Date”); provided, however, that if on or before the Business Day prior to the Expected Maturity Date the Issuer delivers a certificate, substantially in the form of Exhibit E hereto, to the Indenture Trustee and the Insurance Trustee stating that (i) either (A) the Insurance Policy is in effect and the amount available under any Letters of Credit (together with any amounts then on deposit in the Reserve Account) is at least equal to the Required Amount or (B) the Insurance Policy is not in effect and the amount available under any Letters of Credit (together with any amounts then on deposit in the Reserve Account) is at least equal to the Required Amount and (ii) a Currency Inconvertibility Event has occurred and is continuing, then if such certificate shall be received by the Indenture Trustee on or before the Business Day preceding the Expected Maturity Date, the Expected Maturity Date shall be extended to a date (the “Final Maturity Date”), which shall be the earliest to occur of (x) August 18, 2015 (a date which is eighteen calendar months after the Expected Maturity Date), (y) the latest date for which funds are available under any Letter of Credit or on deposit in the Reserve Account and under the Insurance Policy to pay scheduled interest on the Notes in full, and (z) 30 calendar days after the date on which the Currency Inconvertibility Event has ended. (b) In the case of any extension of the Expected Maturity Date, the Expected Maturity Date shall be considered a Payment Date under the terms of this Indenture, and interest at the Note Rate shall be due on the Notes on such Expected Maturity Date and on each Payment Date occurring thereafter until the Final Maturity Date. (c) Upon the occurrence of any extension of the Expected Maturity Date under this Section 2.6, the Issuer shall promptly, but in any event within five Business Days thereafter, deliver notice thereof to the Noteholders, any exchange on which the Notes may be listed and to the Rating Agencies in accordance with the provisions of Section 14.3 of this Indenture. (d) No payments in respect of the principal of the Notes shall be paid prior to the Expected Maturity Date except in the case of the occurrence of an Event of Default and acceleration of the aggregate outstanding principal amount of the Notes or upon redemption prior to the Expected Maturity Date pursuant to Article IV hereof; provided, however, that in t...
AutoNDA by SimpleDocs
Maturity of the Notes. The Notes shall mature on July 24, 2017 (the “Maturity Date”).
Maturity of the Notes. The Notes shall mature on April 15, 2027 (the “Stated Maturity”); provided that no payments in respect of the principal of the Notes shall be paid prior to the Stated Maturity except in the case of the occurrence of an Event of Default and acceleration of the aggregate outstanding principal amount of the Notes or upon redemption prior to the Stated Maturity pursuant to Article 4 hereof.
Maturity of the Notes. The Stated Maturity Date on which the principal of the Notes shall be due and payable will be May 1, 2009.
Maturity of the Notes. (a) Subject to Section 2.8, the Notes shall mature on January 16, 2021 (the “Maturity Date”). (b) In the case of any extension of the Maturity Date, the Maturity Date shall be considered a Payment Date under the terms of this Indenture, and interest at the Note Rate shall be due on the Notes on such Maturity Date and on each Payment Date occurring thereafter until the Issuer satisfies its payment obligation under the Notes. (c) Upon the occurrence of any extension of the Maturity Date under this Section 2.6, the Issuer shall promptly, but in any event within two Business Days thereafter, deliver notice thereof to the Noteholders in accordance with the provisions of Section 13.4. (d) No payments in respect of the principal of the Notes shall be paid prior to the Maturity Date except in the case of the occurrence of an Event of Default in the circumstances set out in Section 5.2.
Maturity of the Notes. The Notes shall mature on December 15, 2011 (the "EXPECTED MATURITY DATE"); PROVIDED, HOWEVER, that if on or before the Business Day prior to the Expected Maturity Date the Issuer and the Guarantor deliver a certificate, substantially in the form of Exhibit G hereto, to the Trustee stating that (i) either (A) the Insurance Policy is in effect and the amount available under any Letters of Credit (together with any amounts then on deposit in the Reserve Account) is at least equal to the Required Amount or (B) the Insurance Policy is not in effect and the amount available under any Letters of Credit (together with any amounts then on deposit in the Reserve Account) is at least equal to the Required Amount and (ii) and Expropriation Event or an Inconvertibility Event has occurred, then if such certificate shall be received by the Trustee on or before the Expected Maturity Date, the Expected Maturity Date shall be extended to a date (the "FINAL MATURITY DATE"), which shall be the earliest to occur of (i) December 15, 2013 (a date which is twenty-four calendar months after the Expected Maturity Date); (ii) the latest date for which funds are available under any Letters of Credit or on deposit in the Reserve Account and under the Insurance Policy to pay interest on the Notes, and (iii) 30 calendar days after the date on which the Expropriation Event or the Inconvertibility Event has ended.
Maturity of the Notes. The Company shall pay all of the principal amount of the Notes remaining outstanding, if any, on December 31, 1999; provided that the Company shall be permitted to elect to extend the maturity of the Notes until December 31, 2000 if the Company gives written notice of such election to each holder of Notes at any time before June 30, 1999, and provided further that (i) on the date of such notice and on December 31, 1999, there exists no Default or Event of Default; (ii) at all times prior to December 31, 1999 there has not occurred any Default or Event of Default which has not been cured or been waived in writing by the Required Holders during the applicable cure period, if any; (iii) the Company shall have paid the Extension Fee to each holder of Notes; and (iv) the Company shall have simultaneously extended the "Non-Default Maturity Date" under each of the Bank Credit Agreements in accordance with their respective terms. If the Company shall elect to extend the maturity of the Notes pursuant to this Section 8.1(e) and such extension shall be permitted hereunder, the principal amount of the Notes outstanding on December 31, 2000, together with interest accrued thereon shall become due and payable on December 31, 2000 and Section 8.1 shall continue to apply in all respects.
AutoNDA by SimpleDocs
Maturity of the Notes. (a) Subject to Section 2.8, the Notes shall mature on September 28, 2022 (the “Maturity Date”). (b) In the case of any extension of the Maturity Date or any Redemption Date, as applicable, as permitted pursuant to this Indenture, the Maturity Date or any Redemption Date, as applicable, shall be considered a Payment Date under the terms of this Indenture, and interest at the Note Rate of any such extended payments shall be due on the Notes on such Payment Date and on each Payment Date occurring thereafter until the Issuer satisfies its payment obligation under the Notes. (c) No payments in respect of the principal of the Notes shall be paid prior to the Maturity Date except in the case of the occurrence of an Event of Default in the circumstances set out in Section 5.2 or, in the case of early redemption, in accordance with Article 3.
Maturity of the Notes. (a) The Notes shall mature on February 1, 2007 (the "Expected Maturity ----------------- Date"); provided, however, that if on or before the Business Day prior to the ---- Expected Maturity Date the Issuer and the Standby Purchaser deliver a certificate, substantially in the form of Exhibit D hereto, to the Trustee stating that (i) the Issuer is unable to repay the principal amount of the Notes, (ii) the Standby Purchaser does not have sufficient funds available outside Brazil to satisfy its obligations under the Standby Purchase Agreement to pay the Total Payment Amount,
Maturity of the Notes. The Notes will mature on the Maturity Date. All outstanding principal (including Capitalized Interest) and all accrued interest then outstanding, and all other amounts then owing hereunder with respect to the Notes, shall be paid in full in cash on the Maturity Date.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!