Upon Maturity Sample Clauses

Upon Maturity. For failure to pay any instalments or any payment due and which failure continues beyond the Maturity Date or upon judgment, whichever is earlier, at the late payment charge rate which shall be the prevailing daily overnight Islamic Interbank Money Market (IIMM) rate on the outstanding balance due and payable or any other method approved by BNM from time to time.
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Upon Maturity. 25 SECTION 2.9. FUNDING...........................................................25 (a) Lender Funding and Disbursement............................25
Upon Maturity. The Total Commitments shall be automatically reduced to zero on the Maturity Date.
Upon Maturity. Unless previously redeemed or converted or purchased and cancelled as provided herein, the Company will redeem each Debenture on the Maturity Date at its principal amount outstanding together with any accrued but unpaid interest calculated up to and including the date of payment together with an amount that would enable the Debentureholder to yield in aggregate an internal rate of return ("IRR") of 12% per annum on the costs of its investment. For this purpose, the internal rate of return shall bear the same meaning as defined in Condition 11(C). Redemption upon maturity is mandatory and automatic without service of any notice. The Company can not redeem the Debentures in whole or in part at its option prior to the Maturity Date.
Upon Maturity. Upon the Maturity Date, the aggregate Conversion Amount still outstanding shall convert automatically in accordance with the terms hereof without the Holder needing to make an election but Ordinary Shares as if the Holder had made an election to convert immediately prior to the Maturity Date.
Upon Maturity a deposit shall be closed and the Depositor shall dispose with the entire amount available in the deposit account (including principal and charged interests), by a bank transfer only to Depositor’s bank account at Raisin-Bank AG from which initially the funds were transferred. 3.4. By signing of this Agreement, the Depositor authorizes TBI Bank at maturity of the deposit or upon receipt of a request for early termination of the deposit, prior to maturity, to debit his account at TBI Bank with its balance (principal plus interest accrued less withholding tax deducted) and to transfer the amount on his behalf to his account at Raisin-Bank AG. 3.5. In case the funds of the Depositor, respectively the account under this Agreement, are garnished or limited in any way according to the Bulgarian legislation, as if the account is enforced and limited or disposed in any way by the competent authorities of the Republic of Bulgaria and the Federal Republic of Germany, the Bank is not responsible for the Depositor`s actions, in case the customer makes a transfer or payment by order of the competent authority in compliance with all legal requirements for that. IV. Depositor’s Declarations I declare as follows: Internetplattform bei der Bank zu beantragen. In diesem Fall akzeptiert die Bank keinen Antrag auf Teilabhebung der Gelder, sondern nur den gesamten eingezahlten Betrag. 2.5. Bei Fälligkeit der Einlage überweist die Bank den eingezahlten Betrag und die aufgelaufenen Zinsen abzgl. Quellensteuer auf das Konto des Einlegers bei der Raisin- Bank AG. 2.6. Der Einleger zahlt keine Gebühr / Provision für die Auszahlung (Überweisung) von eingezahlten Geldern. III.

Related to Upon Maturity

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

  • Extension of Maturity Should any payment of principal of or interest or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.

  • Repayment at Maturity At the Maturity Date, the Company shall repay the outstanding Principal Amount of this Debenture in whole in cash, together with all accrued and unpaid interest thereon, in cash, to the Maturity Date.

  • Extension of Maturity Date (a) On any anniversary of the Closing Date prior to the Maturity Date, the Borrowers may request to extend the then-applicable Maturity Date (the “Existing Maturity Date”) for an additional one-year period (an “Extension Period”) to the date that is one year after the Existing Maturity Date (the “Requested Maturity Date”); provided that the Borrowers may extend the Maturity Date for a maximum two (2) such Extension Periods. The Borrowers may make such request in a notice given as herein provided and substantially in the form attached hereto as Exhibit 2.8(a) (the “Extension of Maturity Date Request”) to the Administrative Agent not less than 30 days and not more than 90 days prior to any anniversary of the Closing Date, so long as (i) each of the representations and warranties contained in Section 7 and in the other Credit Documents shall be true and correct in all material respects on and as of the date of such notice and as of the commencement date of the relevant Extension Period as if made on and as of each date (or, if any such representation and warranty is expressly stated to have been made as of a specific date, as of such specific date) and (ii) no Default or Event of Default shall have occurred and be continuing on the date of such notice and as of the commencement date of the relevant Extension Period. Each Lender, acting in its sole discretion, shall, not later than a date 30 days after its receipt of any such notice from the Administrative Agent, notify the Borrowers and the Administrative Agent in writing of its election to extend or not to extend the Existing Maturity Date with respect to its Commitment. Any Lender which shall not timely notify the Borrowers and the Administrative Agent of its election to extend the Existing Maturity Date shall be deemed not to have elected to extend the Existing Maturity Date with respect to its Commitment (any Lender who timely notifies the Borrowers and the Administrative Agent of an election not to extend or fails to timely notify the Borrowers and the Administrative Agent of its election being referred to as a “Terminating Lender” and all such Lenders, collectively, the “Terminating Lenders”). The election of any Lender to agree to a requested extension shall not obligate any other Lender to agree to such requested extension.

  • Acceleration of Maturity; Rescission and Annulment If an Event of Default with respect to Securities of any series at the time Outstanding occurs and is continuing, then in every such case the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount (or, if any of the Securities of that series are Original Issue Discount Securities, such portion of the principal amount of such Securities as may be specified in the terms thereof) of all of the Securities of that series to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified amount) shall become immediately due and payable. At any time after such a declaration of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the Outstanding Securities of that series, by written notice to the Company and the Trustee, may rescind and annul such declaration and its consequences if

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