Stated Maturity; Interest Sample Clauses

Stated Maturity; Interest. The maturity of the Notes shall be November 15, 2025 (the “Stated Maturity”). The Notes bear interest at the rate of 4% per year from the Issue Date, or from the most recent date to which interest had been paid or provided for. Interest is payable semi-annually in arrears on each Interest Payment Date, commencing on May 15, 2006. The Regular Record Date for each Interest Payment Date shall be the first day of the calendar month on which such Interest Payment Date falls. Interest is computed on the basis of a 360-day year comprised of twelve 30-day months.
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Stated Maturity; Interest. The full principal balance outstanding on the Notes shall be due and payable on the Maturity Date. At all times that there is a principal balance outstanding on the Notes, interest shall accrue and be due and payable from time to time in accordance with the terms of the Notes.
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Stated Maturity; Interest. The Stated Maturity of the Debentures shall be January 15, 2024. The Debentures shall bear interest at the Applicable Rate as set forth in the form of Debenture attached as Exhibit A hereto. The Debentures shall bear Additional Interest, if any, as set forth in the Registration Agreement.
Sample 1
Stated Maturity; Interest. SECTION 9. Affirmative Covenants Section 9.1Financial and Business Information Section 9.2Section 4(a)(7); Rule 144A Section 9.3Compliance with Laws Section 9.4Insurance Section 9.5Maintenance of Properties Section 9.6Payment of Taxes and Claims Section 9.7Corporate Existence, Etc Section 9.8Board Observer/Governance Section 9.9Priority Obligations Section 9.10Maintaining Books and Records Section 9.11Payment of Principal and Interest SECTION 10. Negative Covenants Section 10.1Transactions with Affiliates Section 10.2Merger, Consolidation, Etc. Section 10.3Permitted Business Section 10.4Economic Sanctions, Etc Section 10.5.Liens Section 10.6Financial Covenant – Leverage Maintenance Test Section 10.7Limitation on incurrence of Indebtedness Section 10.8Restricted Payments Section 10.9Asset Sales Section 10.10Dividend and Other Payment Restrictions Affecting Subsidiaries SECTION 11. Events of Default SECTION 12. Remedies on Default, Etc. Section 12.1.Acceleration Section 12.2.Other Remedies Section 12.3.Rescission Section 00.0.Xx Waivers or Election of Remedies, Expenses, Etc.
Sample 1

Related to Stated Maturity; Interest

  • Post-Maturity Interest Any principal payments on the Loan not paid when due and, to the extent permitted by applicable law, any interest payment on the Loan not paid when due, in each case whether at Stated Maturity, by notice of prepayment, by acceleration or otherwise, shall thereafter bear interest payable upon demand at a rate of interest otherwise payable under this Agreement for the Loan but in no event to exceed the maximum interest rate permitted by applicable law.

  • Stated Maturity 10 Subsidiary.....................................................................................10

  • Maturity of Loans Each Loan hereunder shall mature, and the principal amount thereof shall be due and payable on the Maturity Date with respect to such Loan.

  • 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.

  • Extension of the Maturity Date (a) Borrower shall have the option to extend the term of the Loan beyond the Initial Maturity Date for one year, until the First Extended Maturity Date, upon satisfaction of the following terms and conditions:

  • Final Maturity Date 23 Fitch.........................................................................................23

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

  • Maturity Date This Agreement shall continue in effect until the maturity date set forth on the Schedule (the "Maturity Date"), subject to Section 6.3 below.

  • Priority of Security Interest Borrower represents, warrants, and covenants that the security interest granted herein is and shall at all times continue to be a first priority perfected security interest in the Collateral (subject only to Permitted Liens that are permitted pursuant to the terms of this Agreement to have superior priority to Bank’s Lien under this Agreement). If Borrower shall acquire a commercial tort claim, Borrower shall promptly notify Bank in a writing signed by Borrower of the general details thereof and grant to Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to Bank.

  • Payment at Maturity On the Final Maturity Date or any accelerated maturity of the Loan, the Borrower will pay to the Agent for the account of the Lenders an amount equal to the portion of the Loan then due, together with all accrued and unpaid interest thereon and all other Credit Obligations then outstanding.

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