Note Maturity Sample Clauses

Note Maturity. The maturity date of this Note shall be the first anniversary of the date of this Note (the “Maturity Date”).

Note Maturity. The Line of Credit shall be evidenced by a single promissory note (the "Note") in the form of Exhibit B attached hereto. The Note (a) shall be dated a date prior to the first Borrowing hereunder, (b) shall be payable to the order of the Lender, (c) shall bear interest as hereinafter provided and (d) shall mature (i) on the Closing Date (as defined in the Asset Purchase Agreement), (ii) sooner should the principal and accrued interest thereon be declared due and payable as provided for in Section 8.02, (iii) if a Conversion with respect to all of the Line of Credit shall occur in accordance with Section 2.08 hereof, on the Conversion Closing Date, or (iv) ninety (90) days after the termination of the Asset Purchase Agreement in accordance with its terms (either (i), (ii), (iii) or (iv) the "Maturity Date").

Note Maturity. Consistent with the Trust's retention and severance policy for non-contractual employees, the Non-Recourse Promissory Note, executed by Hxxxxxx on January 12, 2000, shall not mature until the later of: (A) the date the Trust has distributed all of its assets to Trust shareholders other than those assets reserved for contingent liabilities; and (B) the termination or expiration of this Agreement; PROVIDED, HOWEVER, notwithstanding the preceding sentence, the Note shall immediately mature upon Hxxxxxx'x voluntary termination of this Agreement pursuant to SECTION 11(d) herein, or upon his termination for Cause pursuant to SECTION 11(a) herein.

Note Maturity. (a) The Advances made hereunder shall be evidenced by the Note, dated on or before the initial Borrowing Date, payable to the order of the Lender. (b) Each Advance shall be payable on demand; provided, however, that if no demand is made, then such Advance shall automatically be payable without notice, presentment, demand, dishonor or protest by the Borrower upon the earliest of (i) the date funds are paid or to be paid by Investor(s) to the Borrower to purchase the Mortgage or Co-Op Loan under the applicable Investor Take-Out Commitment relating to such Advance, (ii) the effective date of the termination, expiration, lapse, rescission or cancellation of such Investor Take-Out Commitment, (iii) the date such Advance becomes due and payable under Section 10.2(a) hereof, (iv) for Facility A the date which is sixty (60) days after the date such Advance is made; for Sub-Limit B the date which is ninety (90) days after the date such Advance is made; for Facility C the date which is ninety (90) days after the date such Advance is made, or (v) the Expiration Date.

Note Maturity. The entire outstanding principal and all accrued and unpaid interest under this Note shall be due and payable on the Note Maturity Date. The "Note Maturity Date" shall be the earliest of: (1) The Standby Commitment Closing Date (as defined in the Purchase Agreement); (2) The date seventy-five (75) days following the Credit Facility Closing Date (the "Post-Closing Payment Date") or, if the terms of payment for the Bridge Notes are definitively determined after the Post-Closing Payment Date in accordance with Section 4.2(b) of the Purchase Agreement, the Alternate Surrender Date (as defined in the Purchase Agreement); and (3) Five (5) business days after receiving a written request for full payment from the Noteholders holding at least a majority of the aggregate principal of the Bridge Notes then outstanding; provided that no such request shall be made under this Section 3(a)(3) until all amounts outstanding under the Company's Credit Facility (as such term is defined in the Purchase Agreement) have been paid in full; and provided further that the Note Maturity Date shall not occur under this Section 3(a)(3) prior to the date 105 days following the Credit Facility Closing Date.

Note Maturity. The entire unpaid principal balance, all accrued and unpaid interest, and all other amounts payable under the Note shall be due and payable in full on July 10 , 2000. 2.3 Bank shall make Advances, subject to all of the terms and conditions provided herein, in the following manner, only in the amounts and for the cost items set forth in the Approved Budget attached hereto as Schedule "B": a. Initially, Bank shall make an Advance in an amount not to exceed the amounts set forth on the Approved Budget for the costs items identified thereon as Bank Legal, Title and Close, Bank Loan Fee, Appraisal, and such other amounts as Bank may deem appropriate. b. The portion of the Loan allocated on the Approved Budget for Interest Reserve shall be held by Bank as an interest reserve (the "Interest Reserve"), and Bank shall make Advances thereof to pay interest when due under the Loan. If funds are not available from the Interest Reserve to pay interest due under the Loan or if Bank shall deter-nine that Borrower will have cost overruns, then, upon ten (10) days' prior written notice to Borrower, Borrower shall pay such interest from its own funds.