Payment on Maturity Sample Clauses

Payment on Maturity. The Canadian Borrower shall pay to the Canadian Agent, for the account of the BA Lenders or Acceptance Lenders, as applicable, on the maturity date of any Bankers’ Acceptance or Acceptance Note issued by the Canadian Borrower an amount equal to the Face Amount of such maturing Bankers’ Acceptance or the face amount of such Acceptance Note, as the case may be; provided that the Canadian Borrower may, at its option, so reimburse the BA Lenders or Acceptance Lenders, as applicable, in whole or in part, by delivering to the Canadian Agent no later than 12:00 noon (Toronto time) two (2) Business Daysprior to the maturity date of a maturing Bankers’ Acceptance or Acceptance Note, as the case may be, a Notice of Conversion/Extension specifying the term of the Bankers’ Acceptance or the Acceptance Note, as the case may be, and presenting a draft or Acceptance Note to the BA Lenders or Acceptance Lenders, as applicable for acceptance and purchase resulting, in the case of reimbursement in whole by replacement Bankers’ Acceptance or Acceptance Note, in the aggregate equal to the Face Amount of the maturing Bankers’ Acceptance or face amount of the maturing Acceptance Note. In the event that the Canadian Borrower fails to deliver a Notice of Conversion/Extension and fails to make payment to the Canadian Agent in respect of the maturing Bankers’ Acceptance Advance, the Face Amount of the maturing Bankers’ Acceptances and the face amount of any Acceptance Note forming part of such Bankers’ Acceptance Advance shall be deemed to be converted to a Canadian Prime Rate Loan on the relevant maturity date.
Payment on Maturity. 6.1 On the Maturity Date, the Company will deliver the Principal then outstanding and any earned Interest due Lender by wire transfer to Lender’s nominated bank account or in cash or certified cheque delivered to the address of Lender.
Payment on Maturity. On the Termination Date or any accelerated maturity of the Loans, the Company will pay to you an amount equal to the entire outstanding principal amount of the Loans, together with all accrued and unpaid interest with respect thereto and, upon any accelerated maturity of the Loans, any other Loan Obligations then outstanding. The "Termination Date" shall be the earlier of (i) August 31, 2001, (ii) the date occurring on the four year anniversary of the Initial Closing Date, or (iii) the "Termination Date" under and as defined in the Lender's Credit Agreement.
Payment on Maturity. A Borrower which has received a Bankers' Acceptance Advance shall pay to the Administrative Agent, for the account of the Lenders, on the maturity date of such Bankers' Acceptance and the last day of the Interest Period of an Acceptance Note an amount equal to the Face Amount of such maturing Bankers' Acceptance or the principal amount of such Acceptance Note, as the case may be; provided that such Borrower may, at its option, so reimburse the Lenders, in whole or in part, by delivering to the Administrative Agent no later than 10:00 a.m. two (2) Banking Days prior to the maturity date of a maturing Bankers' Acceptance or the last day of the Interest Period of an Acceptance Note, as the case may be, a Rollover Notice specifying the term of the Bankers' Acceptances or the next Interest Period for such Acceptance Note, as the case may be, and presenting drafts or Acceptance Notes to the Lenders for acceptance and purchase having, in the case of reimbursement in whole by replacement Bankers' Acceptances or Acceptance Notes, an aggregate Face Amount equal to the Face Amount of the maturing Bankers' Acceptances or principal amount of the Acceptance Notes. In the event that a Borrower fails to deliver a Conversion Notice or Rollover Notice and fails to make payment to the Administrative Agent in respect of the maturing Bankers' Acceptance Advance, the Face Amount of the maturing Bankers' Acceptances and the principal amount of the Acceptance Notes forming part of such Bankers' Acceptance Advance shall be deemed to be converted to a Prime Rate Advance on the relevant maturity date.
Payment on Maturity. Each Borrower shall provide payment for any Bankers’ Acceptances created by a Lender by payment to the Administration Agent for the account of such Lender of the Face Amount thereof (or alternatively any deficiency in the Acceptance Purchase Price retained by the Lender pursuant to Section 4.6) by 10:00 a.m. (Vancouver time) on the maturity date of the Bankers’ Acceptance. Payment to the Administration Agent of the Face Amount of a Bankers’ Acceptance shall terminate the obligation of such Borrower to pay such Bankers’ Acceptance at maturity. If such Borrower fails to provide payment to a Lender (or to the Administration Agent for the account of the Lender) of an amount equal to the Face Amount of a Bankers’ Acceptance created by such Lender on its maturity, the unpaid amount due and payable in respect thereof shall be converted as of such date, and without any necessity for such Borrower to give a Borrowing Notice in accordance with this Agreement to, and thereafter be outstanding as, a Prime Rate Advance made by, and due and payable on such date to, the Lender and shall bear interest for the three day period following the maturity of such Bankers’ Acceptance at a rate equal to 115% of the rate applicable to Prime Rate Advances, and thereafter at the rate applicable to Prime Rate Advances. Each Borrower shall also promptly pay to each Lender any amounts required to compensate such Lender for any loss, cost or expense (excluding loss of profits or other consequential loss) suffered or incurred by such Lender as a result of such Borrower’s failure to pay any Bankers’ Acceptance when due.
Payment on Maturity. The Bridge Loans will mature on the Bridge Loan Maturity Date and, to the extent then unpaid, will automatically be converted into Rollover Loans as set forth under Section 2.1(b). Company hereby unconditionally promises to pay to Administrative Agent for the account of each Lender the then unpaid principal amount of each Rollover Loan on the Rollover Loan Maturity Date.
Payment on Maturity. All amounts of unpaid principal and accrued interest owing under this Note shall be due and payable on the Maturity Date.
Payment on Maturity. On the Maturity Date, Borrower shall pay to Lender an amount equal to the then outstanding principal balance of the Note, plus interest accrued and unpaid thereon and any other amounts due and unpaid under the Loan Documents. Upon payment in full of all amounts described in the preceding sentence, Lender, at the request of Borrower, shall execute and deliver or cause to be executed and delivered such documents as may be required to release the Lien of the Deed of Trust, including a "Request for Release of Deed of Trust," and tender to Borrower the original Note marked "canceled and paid in full."
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