Common use of Payment Upon Maturity Clause in Contracts

Payment Upon Maturity. If this Note has not been converted (as provided in Section 4(a), 4(b) or 4(c)), then the sum of (i) the outstanding principal amount of this Note, plus (ii) all accrued but unpaid interest, plus (iii) all other amounts accrued under this Note, will be due and payable in full on the Maturity Date.

Appears in 2 contracts

Sources: Convertible Promissory Note (RoyaltyTraders LLC), Note Purchase Agreement (RoyaltyTraders LLC)