Date of Issue and Maturity Clause Samples
The 'Date of Issue and Maturity' clause defines the specific dates when a financial instrument, such as a bond or promissory note, is issued and when it is due to be repaid in full. This clause typically states the exact calendar date the instrument becomes effective and the date by which the principal and any accrued interest must be paid to the holder. By clearly establishing these key dates, the clause ensures both parties understand the timeline of their obligations, reducing the risk of disputes over payment schedules and helping to manage expectations regarding the duration of the agreement.
Date of Issue and Maturity. The Initial 2024 Notes will be dated June 18, 2019 and the 2024 Notes will become due and payable, together with all accrued and unpaid interest thereon, on June 18, 2024 (the “2024 Note Maturity Date”).
Date of Issue and Maturity. The Initial 2023 Notes will be dated May 14, 2020 and the 2023 Notes will become due and payable, together with all accrued and unpaid interest thereon, on May 14, 2023 (the “2023 Note Maturity Date”). Notwithstanding the foregoing and provided the Issuer is not in Default, the Issuer may, in its sole discretion, extend the 2023 Note Maturity Date to May 14, 2024 at any time upon 30 days notice, by mailing or electronically transmitting a notice to the Trustee and Holders (the “Extension Notice”) of its intention to extend the 2023 Note Maturity Date. Upon sending the Extension Notice, the 2023 Note Maturity Date shall be deemed to be May 14, 2024 without any further action on the part of the Issuer or the Trustee.
Date of Issue and Maturity. The Series A Second Lien Notes issued hereunder on the Initial Issue Date will be dated December 7, 2022 and will become due and payable, together with all accrued and unpaid interest thereon, on December 7, 2026 (the “Series A Second Lien Note Maturity Date”). Regardless of their respective Issue Date, all Additional Series A Second Lien Notes will become due and payable, together with all accrued and unpaid interest thereon, on the Series A Second Lien Note Maturity Date.
Date of Issue and Maturity. The Series B Debentures will be dated February 17, 2011 and will become due and payable, together with all accrued interest and unpaid interest thereon, on February 17, 2021 (the "Series B Maturity Date").
Date of Issue and Maturity. The Series C Debentures will be dated July 19, 2012 and will become due and payable, together with all accrued interest and unpaid interest thereon, on July 19, 2022 (the "Series C Maturity Date").
Date of Issue and Maturity. The Initial Notes will be dated March 10, 2011 and Notes will become due and payable, together with all accrued and unpaid interest thereon, on March 15, 2018 (the "Maturity Date").
Date of Issue and Maturity. The 2019 Senior Secured Notes will be dated December 1, 2020 and will become due and payable, together with all accrued and unpaid interest thereon, on January 15, 2023 (the “Note Maturity Date”).
Date of Issue and Maturity. The Series A Debentures will be dated August 26, 2009 and will become due and payable, together with all accrued interest and unpaid interest thereon, on August 26, 2016 (the “Series A Maturity Date”).
Date of Issue and Maturity. The date of issue of the Initial Series A Notes will be the Closing Date. The Series A Notes will become due and payable, together with all accrued interest and unpaid interest thereon, on June 16, 2028 (the “Maturity Date”).
Date of Issue and Maturity. The Unit Notes and Coupon Notes will be dated December 20, 2019 and the Unit Notes and Coupon Notes will become due and payable, together with all accrued and unpaid interest thereon, on December 19, 2022 (the “Note Maturity Date”).