Common use of Repayment and Maturity Clause in Contracts

Repayment and Maturity. Subject to the terms and conditions hereof, the Principal Amount of this Promissory Note plus the accrued interest shall be due and payable as stipulated in Sections 1 and 2 of this Promissory Note on the Maturity Date, and shall be paid by the Borrowers in cash (RMB or US dollars), check, and money order or by wire transfer to the account designated by Lender. Principal and accrued interest due under this Promissory Note may be prepaid in advance by Borrower at any time. Lender has the right to transfer this Promissory Note to its assigned entity and/or individual.

Appears in 3 contracts

Samples: Secured Promissory Note (Cd International Enterprises, Inc.), Secured Promissory Note (Cd International Enterprises, Inc.), Secured Promissory Note (Cd International Enterprises, Inc.)

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Repayment and Maturity. Subject to the terms and conditions hereof, the Principal Amount of this Promissory Note plus the accrued interest shall be due and payable as stipulated in Sections 1 and 2 of this Promissory Note on the Maturity Date, and shall be paid by the Borrowers in cash cash, (RMB or US dollars), check, and money order or by wire transfer to the account designated by Lender. Principal and accrued interest due under this Promissory Note may be prepaid in advance by Borrower at any time. Lender has the right to transfer this Promissory Note to its assigned entity and/or individual.

Appears in 1 contract

Samples: Secured Promissory Note (Cd International Enterprises, Inc.)

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