Term and Maturity. The term of each Credit Facility shall commence on the Closing Date and end on the Maturity Date. For greater certainty, all amounts outstanding under each Credit Facility must be repaid and all obligations of each Lender under each Credit Facility must be fully funded or cancelled on the Maturity Date.
Term and Maturity. The term of the Credit Facilities shall commence on the Closing Date and end on the Maturity Date.
Term and Maturity. 7482 Section 5.2 Extension of Termination Date .......................................................................... 7482 Section 5.3 Repayment Terms – Final Maturity Date ........................................................... 7785 Section 5.4
Term and Maturity. The Borrower may borrow amounts from time to time under the Loan during the period commencing July 1, 1998 (the "Commencement Date") and ending June 30, 1999 (the "Termination Date"). All amounts outstanding under the Loan shall become due and payable on December 31, 2000 (the "Maturity Date").
Term and Maturity. The term of the option is ten years from date of grant, unless sooner terminated. The option is vested according to the following schedule: Period of Optionee's Continuous Relationship With the Company or Related Corporation From the Date Portion of Total Option the Option is Granted Which is Exercisable --------------------- -------------------- after 1 year 25% after 2 years 50% after 3 years 75% after 4 years 100%
Term and Maturity. The principal amount of the loan outstanding together with any interest due and outstanding shall be paid by MEMC to HC on September 30, 1998, or at such later date as may be mutually agreed in writing by the parties. MEMC shall not be entitled to repay the loan[s] before maturity without the prior written consent of HC.
Term and Maturity. Subject to the terms hereof, the Credit Facility shall revolve in respect of each Lender, and may be borrowed, repaid and re-borrowed up to such Lender's Individual Commitment Amount for a period from the Effective Time to such Lender's Term Conversion Date (subject to earlier repayment by reason of acceleration, required or voluntary repayments or cancellations). Following the Term Conversion Date of a Lender, the undrawn portion of such Lender's Individual Commitment Amount shall be cancelled and the Credit Facility shall become non-revolving in respect of such Lender, provided that the Borrower may continue to effect Rollovers and Conversions in respect of such Lender's Individual Commitment Amount. On the Maturity Date of a Lender, all of the remaining Obligations due and owing to such Lender, including principal, interest and other amounts owing to such Lender, shall become due and shall payable and be paid in their entirety.
Term and Maturity. Subject to paragraph 6 below, the principal amount of the loan outstanding together with any interest due and outstanding shall be paid by MEMC to HC on March 31, 1997, or at such later date as may be mutually agreed in writing by the parties.
Term and Maturity. (a) 1st Series. The term of the 1st Series Debenture shall be 12 months, from the Date of Issue, therefore maturing on April 11, 2008, on which date Issuer shall be bound to make payment for the 1st Series Debenture at its nominal value, in addition to the remuneration;
(b) 2nd Series The 2nd Series Debenture term shall be 12 months, from the 2nd Series Date of Issue, on which date Issuer shall be bound to make payment for the 2nd Series Debenture at its nominal value, in addition to the remuneration;
Term and Maturity. The term of each Credit Facility shall commence on the Closing Date and end on the Maturity Date. For greater certainty, all amounts outstanding under each Credit Facility must be repaid and all obligations of each Lender under each Credit Facility must be fully funded or cancelled on the Maturity Date. At least 60 days, but not greater than 90 days, prior to the then current Maturity Date in respect of each of Facility A and Facility B and the then current Facility E Revolving Period Maturity Date, each applicable Borrower may, if it so desires, provide the Agent and/or the US Administrative Agent with written notice of a request to extend the current Maturity Date or the then current Facility E Revolving Period Maturity Date for a further period of 364 days. Each request for the extension of the then current Maturity Date or the then current Facility E Revolving Period Maturity Date by each applicable Borrower shall be subject to the written consent of the applicable Lenders, which consent, if delivered, shall be delivered to each applicable Borrower no later than 30 days prior to the then current Maturity Date or the then current Facility E Revolving Period Maturity Date. If each Lender, acting in its sole discretion, agrees to the applicable Borrower's request to extend the then current Maturity Date or the then current Facility E Revolving Period Maturity Date, the then current Maturity Date or the then current Facility E Revolving Period Maturity Date, as applicable, shall be extended for a further period of 364 days. If a Lender does not respond to a request for an extension prior to 30 days before the expiry of the then current Maturity Date or the then current Facility E Revolving Period Maturity Date, such Lender will be deemed to have denied the request for an extension of the Maturity Date or the then current Facility E Revolving Period Maturity Date, as applicable.
