Payments; Maturity Sample Clauses

Payments; Maturity. Equal monthly payments representing principal and interest on this Note, will be payable beginning within ten days after the last day of the month that is 12 months after the date of issuance of the Note and continuing for 48 months, at which point all accrued interest and any unpaid principal balance shall be due and payable in full. All payments made under this Note will be applied first, to the most recent amount of accrued interest and principal required to be paid, second, against any overdue amounts, and lastly, pursuant to Section 4.
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Payments; Maturity. Interest only on the unpaid principal balance of this Note shall be due and payable beginning on the first (1st) day of July, 2015 and continuing on the first (1st) day of each October, January, April and July thereafter until this Note has been paid in full. If not sooner paid, the entire principal balance, all accrued and unpaid interest, if any, and all other sums provided herein shall be due and payable in full on April 1, 2017 (the “Initial Maturity Date”). All payments of principal, interest, fees, expenses and other amounts to be paid by the Maker under this Note shall be paid not later than 2:00 p.m. on the date when due in immediately available funds, without setoff, deduction, counterclaim or withholding of any kind, at the address of the Noteholder set forth in the Purchase Agreement or at such other address as the Noteholder shall specify in writing. Notwithstanding the foregoing, if on the Initial Maturity Date no Event of Default (as hereinafter defined) has occurred and is continuing and no other event has occurred and is continuing which, with the lapse of time, the giving of notice or both, would constitute an Event of Default (a “Default”), then the Maker may extend the maturity date of this Note to October 1, 2017 by so notifying the Noteholder in writing on or before the Initial Maturity Date.
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Payments; Maturity. Interest only on the unpaid principal balance of this Note shall be due and payable beginning on the first (1st) day of March, 2017 and continuing on the first (1st) day of each June, September, and December thereafter until this Note has been paid in full. If not sooner paid, the entire principal balance, all accrued and unpaid interest, if any, and all other sums provided herein shall be due and payable in full on [December 1], 2019 (the “Maturity Date”). All payments of principal, interest, fees, expenses and other amounts to be paid by the Maker under this Note shall be paid not later than 2:00 p.m. on the date when due in immediately available funds, without setoff, deduction, counterclaim or withholding of any kind, at the address of the Noteholder located at 000 Xxxxxxxx Xxxxxx, Xxxxxxxx, XX 00000, or at such other address as the Noteholder shall specify in writing. Notwithstanding the foregoing, all or any portion of the outstanding principal balance hereof, together with interest accrued thereon, shall be payable on demand by Noteholder.
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Payments; Maturity. The entire outstanding principal sum under this Note shall be due and payable on October 20, 2020 (the “Maturity Date”). Subject to any payment changes resulting from changes in the Index, Borrower will pay this loan, first, in not more than eighteen (18) months of interest payments and then in an undetermined number of months of principal and interest payments based on a ten (10) year amortization, in accordance with the following payment schedule: Consecutive monthly payments of interest only during the Construction Period, as that term is defined in the Loan Agreement, calculated on the unpaid principal balance at a rate based on the Wall Street Journal Prime Rate plus 1.5% per annum, with a floor of 4.5% per annum; Sixty (60) consecutive monthly payments of principal and interest in amounts to be determined, beginning at the completion of the Construction Period, with interest calculated on the unpaid principal balance at a fixed rate based on the five (5) year Treasury-bill plus three hundred (300) basis points per annum, with a floor of 6% per annum; Consecutive monthly payments of principal and interest in amounts to be determined upon the interest rates in effect at the time of such determination and the remaining amortization period, beginning five (5) years from the completion of the Construction Period and continuing thereafter until the Maturity Date, with interest to be calculated on the unpaid principal balance at a rate to be negotiated between the parties, or if no rate is negotiated, based on the Wall Street Journal Prime Rate plus 1% per annum, with a floor to be set not to exceed two hundred fifty (250) basis points over the Prime Rate. The final payment will include all remaining principal and accrued interest not yet paid, together with any other unpaid amounts under this Note. The payments referred to herein are based on the loan being fully-funded at the end of the Construction Period. Unless otherwise agreed or required by applicable law, payments will be applied first to any accrued unpaid interest; then to principal; then to any unpaid collection costs; and then to any late charges. The annual interest rate for this Note is computed on a 365/360 basis; that is, by applying the ratio of the annual interest rate over a year of 360 days, multiplied by the outstanding principal balance, multiplied by the actual number of days the principal balance is outstanding. Borrower will pay Lender at Xxxxxx’s address shown above or at such othe...
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Payments; Maturity. The outstanding Advances with respect to any given item of Equipment will mature upon the first to occur of the following: (i) the 360th day after the Invoice Date of such item; or (ii) the 10th day after the day on which such given item of Equipment is sold by a Dealer or lost, destroyed, abandoned or otherwise disposed of for any reason. Dealers’ payments to CDF will be handled through CDF’s Customer Account Link. CDF will apply Advance payments to the oldest (earliest) Invoice for Equipment financed or refinaced by CDF, provided, however, that, notwithstanding the foregoing, absent a Default or an Unmatured Default, CDF will comply with any payment instructions from Dealers with respect to the pay off of a specific item of Equipment. Any third party discount, rebate, bonus or credit granted to Dealers for any Equipment will not reduce the Loan Balance until CDF has received payment therefor in cash. Dealers will: (i) pay CDF even if any Equipment is defective or fails to conform to any warranties extended by any third party; (ii) not assert against CDF any claim or defense Dealers have against any third party; and (iii) indemnify and hold CDF harmless against all claims and defenses asserted by any buyer of the Equipment relating to the condition of, or any representations regarding, any of the Equipment. Dealers waive all rights of offset which Dealers may have against CDF. Any payment hereunder which would otherwise be due on a day which is not a Business Day, shall be due on the next succeeding Business Day, with such extension of time included in any calculation of applicable finance charges.
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Payments; Maturity. Interest shall accrue from the date of each Advance at the rate specified in Section 2.3(b), and shall be payable monthly on the thirtieth calendar day of the month (except for the month of February for which payment shall be due on the twenty-eight calendar day of the month) for each month through the month in which the Commitment Termination Date falls. All Advances that are outstanding on the Commitment Termination Date shall be payable in forty-eight (48) equal monthly installments of principal, plus accrued interest, beginning on April 30,
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Payments; Maturity. The entire indebtedness evidenced by this Note, ----------------- including the entire principal balance outstanding hereunder, any and all unpaid interest accrued thereon, and any and all other amounts due and owing hereunder, shall be due and payable in full on November 8, 2004 (the "MATURITY DATE"). Maker may prepay the principal and interest due hereunder at any time without additional fee or penalty.
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Payments; Maturity. Interest shall accrue from the date ----------------- of each Equipment Advance at the rate specified in Section 2.3(b), and shall be payable monthly on the twenty-second calendar day of the month for each month through the month in which the Equipment Availability Date falls. All Equipment Advances that are outstanding on the Equipment Availability Date will be payable in thirty-six (36) equal monthly installments of principal, plus accrued interest, beginning on the last day of the month in which the Equipment Availability Date falls. All amounts outstanding under the Equipment Facility and all amounts due under this Agreement shall be paid in full on the Equipment Facility Maturity Date.
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Payments; Maturity 
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Related to Payments; Maturity

  • Payments at Maturity On or about the first Business Day of each month, the Trustee will deliver to the Company and DTC a written list of principal, premium, if any, and interest to be paid on each Global Note maturing or otherwise becoming due in the following month. The Trustee, the Company and DTC will confirm the amounts of such principal, premium, if any, and interest payments with respect to each such Global Note on or about the fifth Business Day preceding the Maturity Date of such Global Note. On the Maturity Date, the Company will pay to the Trustee in immediately available funds an amount sufficient to make the required payments, and upon receipt of such funds the Trustee in turn will pay to DTC the principal amount of Global Notes, together with premium, if any, and interest due on the Maturity Date, which are payable in U.S. dollars, at the times and in the manner set forth below under "Manner of Payment". The Trustee shall make payment of the principal, premium, if any, and interest to be paid on the Maturity Date of each Global Note that Participants have elected to receive in foreign or composite currencies directly to such Participants. Promptly after (i) payment to DTC of the principal, premium, if any, and interest due on the Maturity Date of such Global Note which are payable in U.S. dollars and (ii) payment of the principal, premium, if any, and interest due on the Maturity Date of such Global Note to those Participants who have elected to receive such payments in foreign or composite currencies, the Trustee will cancel such Global Note and deliver it to the Company with an appropriate debit advice. On the first Business Day of each month, the Trustee will deliver to the Company a written statement indicating the total principal amount of outstanding Global Notes as of the close of business on the immediately preceding Business Day. Manner of Payment. The total amount of any principal, premium, if any, and interest due on Global Notes on any Interest Payment Date or the Maturity Date, as the case may be, which is payable in U.S. dollars shall be paid by the Company to the Trustee in funds available for use by the Trustee no later than 10:00 a.m., New York City time, on such date. The Company will make such payment on such Global Notes to an account specified by the Trustee. Upon receipt of such funds, the Trustee will pay by separate wire transfer (using Fedwire message entry instructions in a form previously specified by DTC) to an account at the Federal Reserve Bank of New York previously specified by DTC, in funds available for immediate use by DTC, each payment in U.S. dollars of principal, premium, if any, and interest due on Global Notes on such date. Thereafter on such date, DTC will pay, in accordance with its SDFS operating procedures then in effect, such amounts in funds available for immediate use to the respective Participants in whose names the beneficial interests in such Global Notes are recorded in the book-entry system maintained by DTC. Neither the Company nor the Trustee shall have any responsibility or liability for the payment in U.S. dollars by DTC of the principal of, or premium, if any, or interest on, the Global Notes. The Trustee shall make all payments of principal, premium, if any, and interest on each Global Note that Participants have elected to receive in foreign or composite currencies directly to such Participants. Withholding Taxes. The amount of any taxes required under applicable law to be withheld from any interest payment on a Global Note will be determined and withheld by the Participant, indirect participant in DTC or other Person responsible for forwarding payments and materials directly to the beneficial owner of such Global Note.

  • Repayment at Maturity At the Maturity Date, the Company shall repay the outstanding Principal Amount of this Debenture in whole in cash, together with all accrued and unpaid interest thereon, in cash, to the Maturity Date.

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Payment at Maturity On the Maturity Date, Borrower shall pay the entire remaining unpaid balance of the Loan, if any; all accrued and unpaid interest to the Maturity Date; and any other amounts payable under this Note and the other Loan Documents.

  • Interest After Maturity Any amount of the Loans not paid when due, whether at the date scheduled therefor or earlier upon acceleration, shall bear interest until paid in full at a rate per annum equal to the greater of (i) 2.00% in excess of the rate applicable to the unpaid principal amount immediately before it became due, or (ii) 2.00% in excess of the Base Rate in effect from time to time.

  • Acceleration of Maturity If an Event of Default shall have occurred and be continuing, then the entire Secured Obligations secured hereby shall, at the option of Agent and as permitted by the terms of the Credit Agreement, immediately become due and payable without notice or demand except as required by law, time being of the essence of this Instrument.

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Maturity As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the Maturity Date thereof.

  • Extension of Maturity Should any payment of principal of or interest or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.

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