Common use of Maturity Date Clause in Contracts

Maturity Date. If not otherwise converted pursuant to Section 3, the outstanding principal balance and unpaid accrued interest on this Note shall be due two (2) years from the Note Date (the “Maturity Date”) or prior thereto upon the Lender’s first written request following an Event of Default of the Company. The Maturity Date may be extended upon mutual consent of the Company and the Lender.

Appears in 42 contracts

Samples: Note Purchase Agreement (Marpai, Inc.), Note Purchase Agreement (Marpai, Inc.), Purchase Agreement (Marpai, Inc.)

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