Maturity of the Funding Agreement Clause Samples
The 'Maturity of the Funding Agreement' clause defines the specific date or event upon which the obligations under a funding agreement become due and the agreement reaches its end. In practice, this clause sets out when the principal amount provided must be repaid, along with any accrued interest or other financial obligations, and may specify conditions such as early repayment options or automatic extensions. Its core function is to provide certainty to both parties regarding the timeline for repayment and the conclusion of their contractual relationship, thereby reducing ambiguity and potential disputes over when obligations are fulfilled.
Maturity of the Funding Agreement. Upon the maturity of the Funding Agreement and the return of funds thereunder, the Trust hereby directs the Indenture Trustee to set aside from such funds an amount sufficient for the repayment of the outstanding principal on the Notes and Trust Beneficial Interest when due.
Maturity of the Funding Agreement. Upon the maturity of the Funding Agreement and the return of funds thereunder, the Trust hereby directs the Indenture Trustee to set aside from such funds an amount sufficient for the repayment of the outstanding principal on the Notes when due.
Maturity of the Funding Agreement. Upon the maturity of the Funding Agreement and the return of funds thereunder, the Trust and the Indenture Trustee hereby direct the Paying Agent to set aside from such funds an amount sufficient for the repayment of the outstanding principal on the Notes when due. Hartford Life Global Funding Trust 2005-102 Omnibus Instrument 7