Common use of Payment at Maturity Clause in Contracts

Payment at Maturity. Unless earlier paid or deemed paid pursuant to any of Sections 3.05 or 8.03, this Note will mature on July 15, 2021 (the “Maturity Date”) and, on the Maturity Date, the Company will pay the Holder $1,000 in cash for each $1,000 principal amount of this Note (and in the case of a principal amount or portion of a principal amount that is not a multiple of $1,000, an equivalent pro rata amount), together with accrued and unpaid interest to, but not including, the Maturity Date (with such interest to be payable to the Holder as of the Close of Business on the Regular Record Date immediately preceding the Maturity Date).

Appears in 4 contracts

Samples: Note Purchase Agreement (Xtant Medical Holdings, Inc.), Note Purchase Agreement (Xtant Medical Holdings, Inc.), Note Purchase Agreement (Xtant Medical Holdings, Inc.)

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Payment at Maturity. Unless earlier paid or deemed paid pursuant to any of Sections 3.05 or 8.038.03 hereof, this Note will mature on July 15, 2021 (the “Maturity Date”) and, on the Maturity Date, the Company will pay the Holder $1,000 in cash for each $1,000 principal amount of this Note (and in the case of a principal amount or portion of a principal amount that is not a multiple of $1,000, an equivalent pro rata amount), together with accrued and unpaid interest to, but not including, the Maturity Date (with such interest to be payable to the Holder as of the Close of Business on the Regular Record Date immediately preceding the Maturity Date).

Appears in 2 contracts

Samples: Note Purchase Agreement (Xtant Medical Holdings, Inc.), Note Purchase Agreement (Xtant Medical Holdings, Inc.)

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