Maturity Date. This Note will mature, and be due and payable in full, on the second anniversary of the Date of Issue set forth above (the “Maturity Date”).
Maturity Date. Subject to the provisions of , the Borrowers shall, on the Maturity Date for the applicable Facility, cause the Obligations (including, without limitation, all outstanding principal and interest on the Loans for the applicable Facility and all fees, costs and expenses due and owing under the Loan Documents) to be paid in full.
Maturity Date. This Agreement shall continue in full force and effect for a term ending on the earlier of (the “Initial Maturity Date”): # March 10, 20222025, and # such earlier date on which the Loans shall become due and payable in accordance with the terms of this Agreement and the other Loan Documents; provided, however, that to the extent no Event of Default or Unmatured Event of Default has occurred and is continuing at any time on or after December 31, 20212024 and the Reserves are less than ,000, Borrower shall have the option at any time prior to the Initial Maturity Date (the “One Year Extension Option”) to extend the term of this Agreement for a one (1) year period beyond the Initial Maturity Date (the “Extended Maturity Date”) to March 10, 20232026, so long as Borrower # pays any and all fees that are required to be paid in connection therewith pursuant to the terms of the Fee Letter, and # provides written notice to Agent of the exercise by Borrower of the One Year Extension Option; provided further that in the case that Borrower exercises the One Year Extension Option in accordance with the terms of this [Section 3.3], and to the extent no Event of Default or Unmatured Event of Default has occurred and is continuing at any time on or after , Borrower shall have the option at any time prior to the Extended Maturity Date (the “Second One Year Extension Option”) to extend the term of this Agreement for a one (1) year period beyond the First Extended Maturity Date (the “Second Extended Maturity Date”) to , so long as Borrower # pays any and all fees that are required to be paid in connection therewith pursuant to the terms of the Fee Letter, and # provides written notice to Agent of the exercise by Borrower of the Second One Year Extension Option..
Maturity Date. Principal and all unpaid interest owed hereunder shall be due and payable on the earlier of # , [or] # three business days after the closing or abandonment of Borrower’s initial public offering as contemplated by the registration statement (Registration No. ) filed by Borrower with the Securities and Exchange Commission[, or # three business days after the sale of all the Financed Inventory] (the “Maturity Date”).
Maturity Date. The Loan shall mature on the earlier of: # , or # the date on which has completed one or more equity financings after the date of this Agreement in which the has received an aggregate of no less than .
Maturity Date. The principal amount of this Note shall be due and payable within thirty (30) days following the date when the Holder gives notice and demands repayment of the Note.
Maturity Date. For and in consideration for the issuance to Holder of 30,000 shares of the Company’s common stock, par value (“Shares”), which Shares shall be issued to Holder on or before five (5) days from the date hereof:
Maturity Date. The unpaid principal balance, together with any accrued interest thereon as well as all other unpaid fees, charges, and expenses due hereunder or under any instrument or document securing this Note, shall be due and payable in full, without notice or demand, on (the “Maturity Date”), unless sooner due as provided in [Section 6] below.
Repayment at Maturity. Unless the obligations under this Note are earlier repaid in full pursuant to [Section 1(b), 1(c)])] or otherwise or converted pursuant to [Section 3], the Company shall pay to the Holder an amount in cash representing all outstanding Principal plus any accrued and unpaid Interest thereon on (the “Maturity Date”).
At any time upon or after the earlier of # the one-year anniversary of this Note, or # an Event of Default (the “Maturity Date”), if this Note has not been converted in accordance with the terms of [Section 2] below, Holder may demand payment of the entire outstanding principal balance of this Note and all unpaid accrued interest thereon. All payments of interest and principal shall be in lawful money of the United States of America. All payments shall be applied first to accrued interest, and thereafter to principal. An “Event of Default” means # the commencement by the Company of a proceeding in bankruptcy, # the consent of the Company to a proceeding in bankruptcy filed against it by another party, or # the appointment of a receiver, liquidator, assignee or trustee of the Company’s assets for the benefit of the creditors.
Payment at Maturity. Each Borrower shall pay # to the Administrative Agent for the account of each Lender all of its outstanding Advances comprised of Revolving Loans and all its other then due and unpaid Obligations relating to Revolving Loans and/or Revolving Commitments on the Revolving Facility Termination Date, # to the Administrative Agent for the account of each applicable Lender the unpaid amount of its Term Loan and all its other then due and unpaid Obligations relating to Term Loans on the Term Maturity Date and # to the Swingline Lender the then unpaid principal amount of each Swingline Loan on the earlier of the Revolving Facility Termination Date and the 15th Business Day after such Swingline Loan is made; provided that on each date that a Domestic Advance comprised of Revolving Loans is made to the Company, the Company shall repay all of its Swingline Loans then outstanding.
Effect of Maturity. On the Maturity Date, all Commitments of the Lender Group to provide additional credit hereunder shall automatically be terminated and all of the Obligations immediately shall become due and payable without notice or demand and Borrowers shall be required to repay all of the Obligations in full. No termination of the obligations of the Lender Group (other than payment in full of the Obligations and termination of the Commitments) shall relieve or discharge any Loan Party of its duties, obligations, or covenants hereunder or under any other Loan Document and Agents Liens in the Collateral shall continue to secure the Obligations and shall remain in effect until all Obligations have been paid in full and the Commitments have been terminated. When all of the Obligations have been paid in full and the Lender Groups obligations to provide additional credit under the Loan Documents have been terminated irrevocably, Agents Liens on the Collateral shall be automatically released and discharged without the need of further action by any party, and Agent will, at Borrowers sole expense, execute and deliver any termination statements, lien releases, discharges of security interests, and other similar discharge or release documents (and, if applicable, in recordable form) as are reasonably necessary to evidence the release, as of record, of Agents Liens and all notices of security interests and liens previously filed by Agent.
Date. Whenever any payment due hereunder shall fall due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall be included in the computation of interest or fees, as the case may be.
Maturity Date for the Delayed Draw Term Loan Facility. Subject to extension pursuant to the terms and conditions set forth in and subject to the provisions of , the shall, on the Maturity Date with respect to the Delayed Draw Term Loan Facility, cause # the Obligations in respect of the Delayed Draw Term Loan Facility (including, without limitation, all outstanding principal and interest on the Delayed Draw Term Loans) and # all fees, costs and expenses due and owing under the Loan Documents to be Fully Satisfied.
“Maturity Date” means, # if the Initial Maturity Date is not extended to the First Extended Maturity Date pursuant to [Section 2.13], then the Initial Maturity Date, # if the Initial Maturity Date is extended to the First Extended Maturity Date pursuant to [Section 2.13] and the First Extended Maturity Date is not extended to the Second Extended Maturity Date pursuant to [Section 2.13], then the First Extended Maturity Date, # if the First Extended Maturity Date is extended to the Second Extended Maturity Date pursuant to [Section 2.13] and the Second Extended Maturity Date is not extended to the Third Extended Maturity Date pursuant to [Section 2.13], then the Second Maturity Date, # if the Second Extended Maturity Date is extended to the Third Extended Maturity Date pursuant to [Section 2.13] and the Third Extended Maturity Date is not extended to the Fourth Extended Maturity Date pursuant to [Section 2.13], then the Third Extended Maturity Date, and # if the Third Extended Maturity Date is extended to the Fourth Extended Maturity Date pursuant to [Section 2.13], then the Fourth Extended Maturity Date; provided that, if such date is not a Business Day, then such Maturity Date shall be the preceding Business Day.
Conditions Precedent. As a condition precedent to the extension of the Initial Maturity Date to the First Extended Maturity Date, the extension of the First Extended Maturity Date to the Second Extended Maturity Date, the extension of the Second Extended Maturity Date to the Third Extended Maturity Date and the extension of the Third Extended Maturity Date to the Fourth Extended Maturity Date pursuant to this [Section 2.13] (the effective date of each such extension being an “Extension Date”):
“Maturity Date” means the earliest of: # , # the 2015 Springing Maturity Date and # the Extended Springing Maturity Date; provided, however, that, if such date is not a Business Day, the Maturity Date shall be the immediately preceding Business Day.Revolving Facility Maturity Date or the Term Facility Maturity Date as the context requires.28
“Maturity Date” means the Term Maturity Date, the Incremental Term Loan Maturity Date with respect to Incremental Term Loans of any Series or the Revolving Maturity Date, and any extended maturity date with respect to all or a portion of any Class of Loans or Commitments hereunder pursuant to a Loan Modification Agreement, in each case as the context requires; provided, however, in each case, if such date is not a Business Day, the Maturity Date shall be the next preceding Business Day.
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