Common use of SUSPENDED REPAYMENT Clause in Contracts

SUSPENDED REPAYMENT. The Organization's obligation to pay the principal amount hereof on the Scheduled Maturity Date or any accelerated maturity date shall be suspended and the obligation shall not mature for any period of time during which after giving effect to such payment (together with (a) the payment of any other obligation of the Organization payable at or prior to the payment hereof and (b) the return of any Secured Demand Note and the Collateral therefor held by the Organization and returnable at or prior to the payment hereof).

Appears in 5 contracts

Samples: Subordinated Loan Agreement (Piper Jaffray Companies), Subordinated Loan Agreement (National Discount Brokers Group Inc), Neuberger Berman Inc

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SUSPENDED REPAYMENT. The Organization's ’s obligation to pay the principal amount hereof on the Scheduled Maturity Date or any accelerated maturity date shall be suspended and the obligation shall not mature for any period of time during which after giving effect to such payment (together with (a) the payment of any other obligation of the Organization payable at or prior to the payment hereof and (b) the return of any Secured Demand Note and the Collateral therefor held by the Organization and returnable at or prior to the payment hereof).

Appears in 1 contract

Samples: Revolving Note and Cash Subordination Agreement (Thomas Weisel Partners Group, Inc.)

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SUSPENDED REPAYMENT. The Organization's obligation to pay the principal amount hereof on the Scheduled Maturity Date or any accelerated maturity date shall be suspended and the obligation shall not mature for any period of time during which after giving effect to such payment (together with (a) the payment of any other obligation of the Organization payable at or prior to the payment hereof and (b) the return of any Secured Demand Note and the Collateral therefor held by the Organization and returnable at or prior to the payment hereof).

Appears in 1 contract

Samples: Cash Subordination Agreement Agreement (Advest Group Inc)

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