Common use of Facility Maturity Date Clause in Contracts

Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such date. Notwithstanding any other provision hereof, on the Facility Maturity Date, the outstanding principal of all outstanding Loans, if any, and all Yield and all Fees accrued thereon and all other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Appears in 3 contracts

Samples: First Amendment Agreement (Equivest Finance Inc), Loan and Security Agreement (Silverleaf Resorts Inc), And Security Agreement (Silverleaf Resorts Inc)

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Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such date. Notwithstanding any other provision hereof, on On the Facility Maturity Date, the outstanding principal of all outstanding Loans, if any, and all Yield and all Fees accrued thereon and all other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Appears in 3 contracts

Samples: Receivables Loan and Security Agreement (Mru Holdings Inc), Receivables Loan and Security Agreement (Mru Holdings Inc), Loan and Security Agreement (Us Home Systems Inc /Tx)

Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such date. Notwithstanding any other provision hereof, on On the Facility Maturity Date, the outstanding principal balance of all outstanding Loans, if any, and all Yield and all Fees accrued thereon and all other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (LEAF Equipment Leasing Income Fund III, L.P.)

Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such date. Notwithstanding any other provision hereof, on On the Facility Maturity Date, the outstanding principal balance of all outstanding LoansLoans Outstanding, if any, and all Yield interest and all Fees fees accrued thereon and all other Obligations shall be immediately due and payable (payable, and the Borrower Borrower, solely from the Borrower’s assets (including the Pledged Assets), shall pay all such amounts immediately)immediately in accordance with Section 2.06.

Appears in 1 contract

Samples: Receivables Loan and Security Agreement (Payoneer Global Inc.)

Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such date. Notwithstanding any other provision hereof, on On the Facility Maturity Date, the outstanding principal of all outstanding Loans, if any, and all Yield Interest and all Fees accrued thereon and all other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Appears in 1 contract

Samples: Loan and Security Agreement (BRT Realty Trust)

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Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such datethe Facility Maturity Date. Notwithstanding any other provision hereof, on the Facility Maturity Date, the outstanding principal of all outstanding Loans, if any, and all Yield and all Fees accrued thereon and all other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Appears in 1 contract

Samples: Loan and Security Agreement (Maxtor Corp)

Facility Maturity Date. Any Loans outstanding on the Facility Maturity Date shall mature on such datethe Facility Maturity Date. Notwithstanding any other provision hereof, on the Facility Maturity Date, the outstanding principal of all outstanding Loans, if any, and all Yield and all Fees accrued thereon and all Premium and other Obligations shall be immediately due and payable (and the Borrower shall pay all such amounts immediately).

Appears in 1 contract

Samples: Security Agreement (Maxtor Corp)

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