Common use of Principal Payment at Maturity Clause in Contracts

Principal Payment at Maturity. The entire outstanding principal balance of the Used Vehicle Floorplan Loans plus all interest accrued thereon shall be due and payable in full by the Used Vehicle Floorplan Borrower on the Termination Date.

Appears in 5 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

AutoNDA by SimpleDocs

Principal Payment at Maturity. The entire outstanding principal balance of the Used New Vehicle Floorplan Loans plus all interest accrued thereon shall be due and payable in full by the Used Vehicle Floorplan Borrower Borrowers on the Termination Date.

Appears in 4 contracts

Samples: Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc), Loan Agreement (Lithia Motors Inc)

AutoNDA by SimpleDocs

Principal Payment at Maturity. The entire outstanding principal balance of the Used New Vehicle Floorplan Loans plus all interest accrued thereon shall be due and payable in full by the Used New Vehicle Floorplan Borrower Borrowers on the Termination Date.. 53

Appears in 1 contract

Samples: Loan Agreement (Lithia Motors Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!