Common use of Required Prepayments; Maturity Clause in Contracts

Required Prepayments; Maturity. Each Series of Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series, provided that upon any partial prepayment of the Notes of any Series pursuant to Section 8.2, the principal amount of each required prepayment of the Notes of such Series becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes of such Series is reduced as a result of such prepayment. As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the stated maturity date thereof.

Appears in 2 contracts

Samples: Master Note Agreement (CERNER Corp), Master Note Agreement (CERNER Corp)

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Required Prepayments; Maturity. Each Series of Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series, provided that upon any partial prepayment of the Notes of any Series pursuant to Section 8.2, the principal amount of each required prepayment of the Notes of such Series becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Notes of such Series is reduced as a result of such prepayment. As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the stated maturity date Maturity Date thereof.. Section 8.2

Appears in 1 contract

Samples: Chesapeake Utilities Corp

Required Prepayments; Maturity. Each Series of Notes shall be subject to the required prepayments, if any, set forth in the Notes of such Series, provided that upon . Upon any partial prepayment of the any such Series of Notes of any Series pursuant to Section 8.2, Section 8.3, or Section 8.4, the principal amount of each required prepayment of the such Notes of such Series becoming due under this Section 8.1 the terms of such Notes on and after the date of such prepayment prepayment, together with the principal amount due at maturity, shall be reduced in the same proportion as the aggregate unpaid principal amount of the such Notes of such Series is reduced as a result of such prepayment. As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the stated maturity date Maturity Date thereof.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (FirstService Corp)

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Required Prepayments; Maturity. Each Series of Shelf Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series, provided that upon any partial prepayment of the Shelf Notes of any Series pursuant to Section 8.2, the principal amount of each required prepayment of the Shelf Notes of such Series becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal amount of the Shelf Notes of such Series is reduced as a result of such prepayment. As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the stated maturity date Maturity Date thereof.

Appears in 1 contract

Samples: Subsidiary Guaranty Agreement (Fastenal Co)

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