Common use of Simultaneous Maturity Clause in Contracts

Simultaneous Maturity. For the avoidance of doubt, the Parallel Debt will become due and payable at the same time the Corresponding Debt becomes due and payable.

Appears in 5 contracts

Samples: Credit Agreement (Laureate Education, Inc.), Credit Agreement (Laureate Education, Inc.), Credit Agreement (Laureate Education, Inc.)

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Simultaneous Maturity. For the avoidance of doubt, with respect to each Parallel Debtor, the Parallel Debt will become due and payable at the same time the Corresponding Debt becomes due and payable.

Appears in 2 contracts

Samples: Credit Agreement (Laureate Education, Inc.), Credit Agreement (Laureate Education, Inc.)

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