Example ContractsClausesMaturity Date
Maturity Date
Maturity Date contract clause examples

Maturity Date. On the Maturity Date, all sums due and owing under this Agreement and the Subordinated Notes shall be repaid in full. The Company acknowledges and agrees that the Purchasers have not made any commitments, either express or implied, to extend the term of the Subordinated Notes past their Maturity Date, and shall not extend such term beyond the Maturity Date unless the Company and the Purchasers hereafter specifically otherwise agree in writing.

Maturity Date. All unpaid Principal, Interest and any and all other sums payable to Payee under this Note shall be due and payable, in full, on the earlier of: # the closing of the Purchase Transaction contemplated in the Pledge Agreement; and # November 30, 2020 (the “Maturity Date”).

Maturity Date. The Revolving Commitments the Swingline Commitment and the Letter of Credit Commitment shall automatically terminate on the Maturity Date.

Maturity Date. On the Maturity Date, Borrower shall pay to Lender any and all unpaid principal plus accrued and unpaid interest plus interest accrued during the Deferral Period. This Note will mature on the Maturity Date.

Maturity Date. Loans shall be due and payable in full on the Maturity Date, unless payment is sooner required hereunder, and any Protective Advance shall be due and payable as provided in Section 2.1.5.

Maturity Date. Maturity Date, for any Advance, means the date which is sixty (60) months after the date such Advance was disbursed to Borrower, unless renewed or extended by mutual agreement of Borrower and Lender in additional twelve (12) month increments.

Repayment on Maturity Date. The Borrower hereby agrees to repay the outstanding principal amount of # all Revolving Credit Loans in full on the Maturity Date, and # all Swingline Loans in accordance with Section 2.2(b) (but, in any event, no later than the Maturity Date), together, in each case, with all accrued but unpaid interest thereon.

Payment at Maturity Date. The Balance of this Note shall be due and payable in full on the Maturity Date. Payment on this Note shall be made in lawful money of Canada by wire transfer or delivery of immediately available funds to the address of Holder of this Note as the Holder has designated in writing to the Company.

Not more than seventy-five (75) days and not less than twenty (20) days prior to each annual anniversary of the Closing Date, Borrower may, in each case, request in writing that the Lenders extend the then current 5-Year Maturity Date for an additional one year (and the Administrative Agent shall promptly give the Lenders notice of any such request); provided, however, that the 5-Year Maturity Date may be extended under this [Section 2.11] no more than two (2) times in the aggregate. Each Lender shall provide the Administrative Agent, not more than fifteen (15) days subsequent to any such request by Borrower, with written notice regarding whether it agrees to extend the then current 5-Year Maturity Date. Each decision by a Lender shall be in its sole discretion and failure by a Lender give timely written notice hereunder shall be deemed a decision by such Lender not to extend the 5-Year Maturity Date. If all of the Lenders timely agree in writing to extend the 5-Year Maturity Date, then the 5-Year Maturity Date shall be extended for an additional one year pursuant to a duly executed written amendment to this Credit Agreement.

This letter shall serve as confirmation that # Seller has requested that Buyer extend the Maturity Date for a one year Extension Period pursuant to [Article 3(n)] of the Agreement, # Buyer has agreed to grant a one year Extension Period pursuant to [Article 3(n)] of the Agreement, subject to Seller paying to Buyer an Extension Fee of $375,000, and Seller and Guarantor countersigning this letter, and # from and after the date of this letter, the Maturity Date under the Agreement shall be, and is hereby, extended from the Initial Maturity Date of May 6, 2021 to the first extended Maturity Date of May 6, 2022. By signing this letter below, Seller hereby represents and warrants that, as of the date hereof, the Maturity Date Extension Conditions set forth in [Article 3(n)(ii)] of the Agreement have been satisfied.

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