Modified Maturity Date Clause Samples
The Modified Maturity Date clause defines a new or adjusted date on which an obligation, such as a loan or financial instrument, becomes due. This clause typically comes into play when parties agree to extend, shorten, or otherwise alter the original maturity date specified in their agreement, often in response to changing circumstances or negotiations. By clearly establishing the revised deadline for repayment or performance, the clause ensures both parties have a mutual understanding of their obligations and helps prevent disputes related to timing.
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Modified Maturity Date. The Maturity Date set forth in Section 4 of the Schedule to Loan and Security Agreement is hereby amended to read as follows:
Modified Maturity Date. Section 4 of the Schedule to Loan and Security Agreement is hereby amended to read as follows:
Modified Maturity Date. The Maturity Date set forth in Section 13.1 of the Loan Agreement is hereby amended to read as follows:
Modified Maturity Date. The Maturity Date set forth in Section 4 of the Schedule is hereby amended and restated to read as follows:
Modified Maturity Date. The Maturity Date set forth in Section 13.1 of the Loan Agreement is hereby amended to read as follows: “Maturity Date” is July 31, 2005.
Modified Maturity Date. Subject to the terms of Section 6 of this Amendment, the definition of “Maturity Date” set forth in Section 13 of the Loan Agreement is hereby amended to read as follows:
Modified Maturity Date. Subject to the terms of Section 6 of this Amendment, the definition of "Maturity Date" set forth in Section 13 of the Loan Agreement is hereby amended to read as follows: "MATURITY DATE" is October 16, 2007.
Modified Maturity Date. Section 5.1 of the Schedule to Loan Agreement regarding the Maturity Date is hereby amended to read as follows: "MATURITY DATE (Section 5.1): FEBRUARY 15, 1999, provided that the Maturity Date with respect to each of Term Loan A and Term Loan B shall be as is set forth in Section 1.1 above."
Modified Maturity Date. Section 5.1 of the Schedule to Loan Agreement regarding the Maturity Date is hereby amended to read as follows: "MATURITY DATE (Section 5.1): FEBRUARY 15, 1999, provided that the Maturity Date with respect to each of Term Loan A and Term Loan B shall be as is set forth in Section 1.1 above."