Payment on Maturity Date Sample Clauses

Payment on Maturity Date. Unless payments have already terminated as a result of section 2.4, on the Maturity Date the Company shall pay to Purchaser an amount equal to the Maximum Payment Amount minus the aggregate of all payments made by the Company to Purchaser under this Note, including payments made by the Company pursuant to section 2.3.
Payment on Maturity Date. (a) Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents, including, without limitation, all interest that would accrue on the outstanding principal balance of the Loan through and including the end of the Interest Period in which the Maturity Date occurs (even if such Interest Period extends beyond the Maturity Date). (b) Borrower will have one (1) option to extend the Maturity Date of the Loan for a period of one (1) year. In order to exercise such extension right, Borrower shall deliver to Lender notice of such extension on or before the day that is thirty (30) days prior to the Maturity Date (the "Election Date") and, upon giving of such notice of extension, and subject to the satisfaction of the conditions set forth below in this Section 2.3.2(b) on or before the date that is five (5) Business Days prior to the Maturity Date, the Maturity Date as theretofore in effect will be extended to July 9, 2009. The Maturity Date shall be extended pursuant to Borrower's notice as aforesaid, provided that the following conditions are satisfied: (i) no Event of Default shall be in existence either at the time of Borrower's notice or at the then-current Maturity Date, (ii) Borrower shall enter into an Interest Rate Protection Agreement through the term of the applicable extension under the same terms and conditions of the Interest Rate Protection Agreement (including its LIBOR strike price) last entered into in connection with the Loan and shall provide an Assignment of Protection Agreement with respect thereto in the form of Assignment of Protection Agreement, together with an opinion of counsel with respect thereto reasonably acceptable to Lender, (iii) Borrower shall pay to Lender an extension fee in an amount equal to twenty five hundredths of one percent (0.25%) of the then outstanding principal amount of the Loan and (iv) if the Debt Service Coverage Ratio for the Property shall be less than 2.5:1.0 on the Election Date, Borrower shall have confirmed its understanding that instead of making a payment to Lender of principal in the amount set forth in the amortization schedule attached hereto as Schedule VII together with each monthly payment of interest, Borrower shall make a payment to Lender of principal in the amount set forth in the amortization schedule attached hereto as Schedule IX ...
Payment on Maturity Date. The principal balance of, and any accrued and unpaid interest on, this Note shall be payable twenty (20) years from the effective date of this Note (such date the "Maturity Date").
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Payment on Maturity Date. (a) Borrowers shall repay any outstanding principal indebtedness of the Loan in full on the Maturity Date of the Loan, together with all accrued and unpaid interest thereon through the end of the Interest Accrual Period during which such Maturity Date occurs (even if such period extends beyond the Maturity Date) and all other amounts which are then due and payable to Lender hereunder or under the Note, the Pledge, and the other Loan Documents.
Payment on Maturity Date. The Borrower shall pay any remaining unpaid principal balance of the Term Loan in full on the Maturity Date.
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