Example ContractsClausesAmendment to Maturity Date
Amendment to Maturity Date
Amendment to Maturity Date contract clause examples

Amendment of Maturity Date. The Maturity Date of the Debenture is hereby amended to September 30, 2021.

Maturity Date. Notwithstanding any other provision of this Note, the maturity date of this Note is November 1, 2017 (the “Maturity Date”) at which time all principal, accrued and unpaid interest and any other amounts owed under this Note shall be due and payable in full.

Maturity Date. Subject to the provisions of [clause (b) of this Section 2.11], the Borrowers shall, on June 8, 2020 (the “Maturity Date”), cause the Obligations (including, without limitation, all outstanding principal and interest on the Loans and all fees, costs and expenses due and owing under the Loan Documents) to be paid in full.

Payments on Maturity Date. On the Maturity Date, Borrower shall pay to Agent and the the entire principal amount of the Loans then outstanding, all accrued and unpaid interest and all other amounts then due to Agent and the .

After October 17, 2023, the Borrower may, on one occasion during the term of this Agreement, request an extension of the Maturity Date for an additional one-year

Extended Maturity Date Options. The may, by written notice to the [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Initial Maturity Date, request that the Initial Maturity Date be extended to the First Extended Maturity Date. If the Initial Maturity Date is extended to the First Extended Maturity Date, then may, by written notice to [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the First Extended Maturity Date, request that the First Extended Maturity Date be extended to the Second Extended Maturity Date. If the First Extended Maturity Date is extended to the Second Extended Maturity Date, then may, by written notice to [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Second Extended Maturity Date, request that the Second Extended Maturity Date be extended to the Third Extended Maturity Date. If the Second Extended Maturity Date is extended to the Third Extended Maturity Date, then may, by written notice to [[Administrative Agent:Organization]] (who shall promptly notify the Delayed Draw Term Loan Lenders) not earlier than ninety (90) days and not later than sixty (60) days prior to the Third Extended Maturity Date, request that the Third Extended Maturity Date be extended to the Fourth Extended Maturity Date.

Extension of Maturity Date. The Borrowers may, by written notice by the Partnership to the Administrative Agent from time to time, request an extension of the Maturity Date (such extension, the “Extension” and such extended loans, the “Extended Loans”) and the Commitments (such commitments, the “Extended Loan Commitments”) to the extended maturity date specified in such notice. Such notice shall # set forth the amount of the applicable Tranche of Commitments that will be subject to the Extension (which shall be in minimum increments of $25,000,000 and a minimum amount of $375,000,000), # set forth the date on which such Extension is requested to become effective (which shall be not less than fifteen (15) Business Days nor more than sixty (60) days after the date of such Extension notice (or such longer or shorter periods as the Administrative Agent shall agree in its sole discretion)) and # identify the relevant Tranche of Commitments to which such Extension relates. Each Lender shall be offered (an “Extension Offer”) an opportunity to participate in such Extension on a pro rata basis and on the same terms and conditions as each other Lender pursuant to procedures established by, or reasonably acceptable to, the Administrative Agent and the Borrowers. If the aggregate principal amount of Commitments in respect of which Lenders shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Commitments, subject to the Extension Offer as set forth in the Extension notice, then the Commitments of Lenders of the applicable Tranche shall be extended ratably up to such maximum amount based on the respective principal amounts with respect to which such Lenders have accepted such Extension Offer.

ARTICLE # TAXES, YIELD PROTECTION AND ILLEGALITY 5860

Payments Before the Maturity Date. shall make a payment to of interest only on the Closing Date for the First Interest Period. On each Payment Date thereafter, up to and including the Maturity Date, shall make a payment to of an amount equal to the Monthly Debt Service Payment Amount for the Interest Period within which such Payment Date occurs, which payments shall be applied first to accrued and unpaid interest and the balance to principal. No Interest Period shall be shortened by reason of any payment of the Loan prior to the expiration of such Interest Period. shall have the right from time to time, in its sole discretion, upon not less than thirty (30) days’ prior written notice to , to change the Payment Date to a different calendar day of each month which is not earlier than the first (1st) of the calendar month and is not more than ten (10) days later than the originally scheduled Payment Date of each calendar month; provided, however, that if shall have elected to change the Payment Date as aforesaid, shall have the option, but not the obligation, to adjust the Interest Period correspondingly.

Termination Date Amendment. Upon execution of this Agreement by the requisite Lenders under [Section 9.05] of the Existing Credit Agreement, with effect from and including the Extension Date, [Section 1.01] of the Existing Credit Agreement is amended by deleting the definition of "Termination Date" in its entirety and replacing it with the following:

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