Change in Maturity Date Sample Clauses
The Change in Maturity Date clause allows for the modification of the originally agreed-upon date when a financial obligation, such as a loan or bond, becomes due. This clause typically outlines the conditions under which the maturity date can be extended or shortened, and may require mutual consent from all parties involved or be triggered by specific events, such as a default or refinancing. Its core practical function is to provide flexibility in managing repayment schedules, accommodating unforeseen circumstances, and ensuring that the agreement remains workable for both parties.
Change in Maturity Date. If checked here, any references in the Agreement or Note to the maturity date or date of final payment are hereby deleted and replaced with " - NOVEMBER 30, 2008
Change in Maturity Date. The Unpaid Principal Balance if not paid sooner is due in full not later than ____________________, ____.
Change in Maturity Date. Lender hereby deletes the definition of Maturity Date in the Credit Agreement in its entirety and replaces it with the following:
Change in Maturity Date. All references to “maturity date” and “maturity” in the 2014 Term Note and 2014 Term Loan Agreement are hereby deemed to be “September 25, 2017”.
Change in Maturity Date. Section 6.1 of the Loan Agreement is hereby amended in its entirety to read as follows: "This Agreement shall continue in effect until SEPTEMBER 24,1999."
Change in Maturity Date. All references to “Maturity Date” in the Revolving Note and the Revolving Credit Agreement are hereby deemed to be “September 25, 2017”.
Change in Maturity Date. From and after the date of this Amendment, all references in the Loan Documents to the "Maturity Date" shall mean October 31, 1997.
Change in Maturity Date. The Maturity Date is hereby amended to be ----------------------- 364 days from the date of this letter agreement.
Change in Maturity Date. The last paragraph of Section 1.14 is ----------------------- deleted in its entirety and the following is inserted in lieu thereof: Notwithstanding Borrower's right to extend the Maturity Date as set forth above, Borrower hereby agrees that Lenders shall have no commitment or obligation to extend the Maturity Date beyond July 17, 2003 unless each of the foregoing conditions shall have been satisfied.
Change in Maturity Date. All references to “maturity date” and “maturity” in the 2012 Term Note are hereby deemed to be “September 25, 2017”.