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Common use of Extension of Payment Clause in Contracts

Extension of Payment. In any event, Brooktrout agrees that it shall not seek repayment of the Brooktrout Advances, in whole or in part, at any time prior to October 1, 2000.

Appears in 2 contracts

Sources: Capitalization Agreement (Interspeed Inc), Recapitalization Agreement (Interspeed Inc)

Related Clauses

  • Extension of Payment; Reduction of Principal Interest or Fees; Modification of Terms of Payment
  • Exceptions and Extension of Payment Due Date
  • Condition of Payment
  • Suspension of Payments
  • Application of Payment

Parent Clauses

  • Modifications, Amendments or Waivers
  • Miscellaneous
  • Beneficiaries
  • Repayment of the Advance
  • Concession Fee

Sub-Clauses

  • CONTINUING PROVISIONS OF THE AGREEMENT
  • SETTLEMENT STATEMENT
  • ADVANCE PAYMENTS
  • KEY EMPLOYEE CONTRACTS
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