Maturity; Repayment. Any outstanding amount of the Loan and any other moneys owing under this Agreement, if any, shall become due and payable by the Borrower on demand from the Lender. Any proceeds from the exercise of the option pursuant to the Option Agreement shall be applied towards the partial repayment of the Loan. Notwithstanding the foregoing, any outstanding amount of the Loan and any other moneys owing under this Agreement, if any, shall become due and payable by the Borrower to the Lender on the Maturity Date.
Appears in 2 contracts
Sources: Loan Agreement (Sohu Com Inc), Loan Agreement (Sohu Com Inc)