Common use of Loan Maturity Date Clause in Contracts

Loan Maturity Date. Sankyo may, at its option, upon any payment of a milestone payment pursuant to Section 7.3 of the Restated Agreement, elect to change the definition of (x) "First Maturity Date" under the Loan Agreement to "(i) January 10, 2004, or (ii) such earlier date as all of the Obligations shall become due and payable in full", and (y) "Second Maturity Date" under the Loan Agreement to "(i) March 30, 2004, or (ii) such earlier date as all of the Obligations shall become due and payable in full". *** Confidential Treatment Requested.