Payment Upon Maturity Date Sample Clauses

Payment Upon Maturity Date. (i) Holder may elect to have the Company pay this Note in full by delivering written notice of such election to the Company, with a copy to the other Holders, one hundred and twenty (120) days in advance of the Maturity Date (or 120 days in advance of any other date after the Maturity Date), in which event the Company shall pay this Note (including all accrued and accreted interest) in three (3) semi-annual installments beginning on the Maturity Date or such later date.
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Payment Upon Maturity Date. The entire remaining principal balance and any unpaid interest or other amount due and owing shall be due and payable in full upon the Maturity Date.
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Payment Upon Maturity Date. The parties hereto acknowledge and agree that payment of the Indebtedness pursuant to Section 1.6(b) of the Loan Agreement shall not constitute a prepayment under Section 1.7 of the Loan Agreement. [signature page follows]
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Payment Upon Maturity Date. At the Maturity Date, the Holder of this Debenture will be entitled to receive payment of the outstanding principal amount hereunder.
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Payment Upon Maturity Date. Subject to acceleration under Section 2 below, Maker shall pay to Holder the outstanding Principal Balance plus all accrued and unpaid interest or other amounts due hereunder in full on the Maturity Date. The “Maturity Date” means the earlier of (i) the date that is three (3) months after the date of this Note and (ii) the date of any Change of Control (defined below). All payments hereunder shall be applied as follows: (i) first, to the payment of all accrued and unpaid interest; and (ii) second, to the reduction of the Principal Balance.
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Payment Upon Maturity Date. The Revolving Credit shall expire on the Maturity Date and all Revolving Credit Advances then outstanding shall be due and payable on such date together with all accrued and unpaid interest thereon costs and fees and any other amounts then due.
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Payment Upon Maturity Date. The Credit shall expire on the Maturity Date and all Credit Advances then outstanding shall be due and payable without notice on such date together with all accrued and unpaid interest thereon and any other amounts then due. In the event the Bank continues Credit Advances after the Maturity Date without a written extension of the Maturity Date, (i) all such Credit Advances shall be made within the sole discretion of the Bank; (ii) the entire Credit shall be due on demand; and (iii) the entire Credit will earn interest at the rate specified to be earned after the Maturity Date in Section 2.03.
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Related to Payment Upon Maturity Date

  • Payment on Maturity Date 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.

  • Final Maturity Date 23 Fitch.........................................................................................23

  • Extension of Maturity Date (a) On any anniversary of the Closing Date prior to the Maturity Date, the Borrowers may request to extend the then-applicable Maturity Date (the “Existing Maturity Date”) for an additional one-year period (an “Extension Period”) to the date that is one year after the Existing Maturity Date (the “Requested Maturity Date”); provided that the Borrowers may extend the Maturity Date for a maximum two (2) such Extension Periods. The Borrowers may make such request in a notice given as herein provided and substantially in the form attached hereto as Exhibit 2.8(a) (the “Extension of Maturity Date Request”) to the Administrative Agent not less than 30 days and not more than 90 days prior to any anniversary of the Closing Date, so long as (i) each of the representations and warranties contained in Section 7 and in the other Credit Documents shall be true and correct in all material respects on and as of the date of such notice and as of the commencement date of the relevant Extension Period as if made on and as of each date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date) and (ii) no Default or Event of Default shall have occurred and be continuing on the date of such notice and as of the commencement date of the relevant Extension Period. Each Lender, acting in its sole discretion, shall, not later than a date 30 days after its receipt of any such notice from the Administrative Agent, notify the Borrowers and the Administrative Agent in writing of its election to extend or not to extend the Existing Maturity Date with respect to its Commitment. Any Lender which shall not timely notify the Borrowers and the Administrative Agent of its election to extend the Existing Maturity Date shall be deemed not to have elected to extend the Existing Maturity Date with respect to its Commitment (any Lender who timely notifies the Borrowers and the Administrative Agent of an election not to extend or fails to timely notify the Borrowers and the Administrative Agent of its election being referred to as a “Terminating Lender” and all such Lenders, collectively, the “Terminating Lenders”). The election of any Lender to agree to a requested extension shall not obligate any other Lender to agree to such requested extension.

  • Notification of Maturity Date With respect to each Mortgage Loan, the Seller shall execute and deliver to the Mortgagor any and all necessary notices required under applicable law and the terms of the related Mortgage Note and Mortgage regarding the maturity date if required under applicable law.

  • Automatic Acceleration of Maturity If any Event of Default pursuant to paragraph (e) of Section 7.01 shall occur,

  • Maturity Date This Agreement shall continue in effect until the maturity date set forth on the Schedule (the "Maturity Date"), subject to Section 6.3 below.

  • Optional Acceleration of Maturity If any Event of Default (other than an Event of Default pursuant to paragraph (e) of Section 7.01) shall have occurred and be continuing, then, and in any such event,

  • Mandatory Prepayment Upon an Acceleration If the Term Loan Advances are accelerated by Bank following the occurrence and during the continuance of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest with respect to the Term Loan Advances, (ii) the Prepayment Fee, (iii) the Final Payment, and (iv) all other sums, if any, that shall have become due and payable with respect to the Term Loan Advances, including interest at the Default Rate with respect to any past due amounts.

  • Payment at Maturity On the Final Maturity Date or any accelerated maturity of the Loan, the Borrower will pay to the Agent for the account of the Lenders an amount equal to the portion of the Loan then due, together with all accrued and unpaid interest thereon and all other Credit Obligations then outstanding.

  • Extension of the Maturity Date (a) Borrower shall have the option to extend the term of the Loan beyond the Initial Maturity Date for one year, until the First Extended Maturity Date, upon satisfaction of the following terms and conditions:

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