Examples of Bridge Maturity Date in a sentence
Neighbors favor more restrictions (Nr > 0), assuming those restrictions do not restrict their own options.
Notwithstanding the foregoing, at Seller’s election, any unpaid principal and interest as of the Bridge Maturity Date may be repaid in four (4) successive and equal quarterly payments of principal and interest following the Bridge Maturity Date; provided, however, that following the Bridge Maturity Date any unpaid principal balance shall bear interest at eight percent (8%).
The entire principal balance and all accrued but unpaid interest shall be due and payable on the Bridge Maturity Date.
Interest Rates: Prior to the Bridge Maturity Date, the Bridge Loans will accrue interest at a rate per annum equal to 3 month Adjusted LIBOR plus the Applicable Spread.
The Company shall repay to the Bank the aggregate outstanding principal amount of the Loans on the Bridge Maturity Date.