Examples of Payoff Date in a sentence
All accrued and unpaid interest shall be due and payable on the Payoff Date.
Upon the Payoff Date, the security interest granted pursuant to this Section 5 shall terminate, and Lender shall promptly execute and deliver to the Company such documents and instruments reasonably requested by the Company as shall be necessary to evidence termination of all security interests given by the Company to Lender hereunder.
Receipt of the contract required documents controls the establishment of the Payoff Date for the contract.
Our 25 review has two components: procedural review and substantive review.
Notwithstanding such Acknowledged Non-Compliance, the Administrative Agent and the Lenders hereby agree to waive, solely through the Payoff Date, the Acknowledged Non-Compliance.