Examples of Stated Maturity Date in a sentence
Cash interest on the outstanding principal of the Loans will continue to be due and payable in accordance with the terms of the Loan Agreement until the earlier of the date the Loans are repaid in full or the extended Stated Maturity Date, on which date all outstanding principal and interest accrued thereon shall be due and payable.
Notwithstanding anything in this Agreement to the contrary, the right of any Holder of a Convertible Note to receive payment of principal of, or interest on its Convertible Note on or after the Stated Maturity Date thereof (as defined in the Convertible Note), or to bring suit for the enforcement of any such payment on or after such dates, shall not be impaired or affected without the consent of that Holder.
The amount of the cash payment received with respect to each Unit upon exchange (the “Exchange Amount”) will be equal to the Redemption Amount, calculated as though the Exchange Date was the Stated Maturity Date and as though the Ending Value equals the closing value of the Industrial 15 Index on the Exchange Date.
The Servicer shall (i) not extend the date for final payment by the Obligor of any Receivable beyond the last day of the Collection Period prior to the Class C Stated Maturity Date; or (ii) reduce the APR or unpaid principal balance with respect to any Receivable other than as required by applicable law.
Funding Agreement Issuer: Principal Life Insurance CompanyFunding Agreement No.: 8-01561 Deposit: $3,813,015.0 Net Deposit: $3,774,870.0 Effective Date: 12/22/2004 Stated Maturity Date: 12/15/2009 Interest Payment Dates: The 15th day of every sixth month commencing on 06/15/2005.