Maturity of Obligations Clause Samples

The 'Maturity of Obligations' clause defines the specific point in time when a party's financial or contractual duties become due and must be fulfilled. Typically, this clause outlines the exact date or event that triggers the requirement to pay a debt, deliver goods, or perform a service, and may address what happens if the obligation is not met on time, such as the accrual of interest or penalties. Its core practical function is to provide clear timelines for performance, thereby reducing uncertainty and helping both parties manage their expectations and obligations effectively.
Maturity of Obligations. The Stated Maturity of the Pre-Existing Bonds is set forth in the Pre- Existing Bonds or the Supplemental Indenture establishing the series to which such Pre-Existing Bonds belong. The Stated Maturity of Additional Obligations authorized pursuant to Article IV and governed by this Indenture shall be as provided in Supplemental Indentures adopted in accordance with and pursuant to Sections 3.03 and Article X.
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Maturity of Obligations. Notwithstanding anything to the contrary set forth in the definition of “Revolving Loan Maturity Date” or any other provision of the Loan Agreement or any other Loan Document, the entire principal amount of Revolving Advances, the entire principal amount of the Equipment Loan, all interest accrued on the Revolving Advances and the Equipment Loan, all accrued and unpaid fees, all outstanding Lender Expenses, and all other Obligations shall be due and payable in full on October 15, 2021 (the “Maturity Date”).
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Maturity of Obligations. Obligations, other than principal and interest on the Loans, shall be payable by Borrower upon demand. The entire outstanding principal amount of the Loans, together with all accrued and unpaid interest thereon, and any remaining unpaid Obligations shall become due and payable in full on the Termination Date.
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Maturity of Obligations. The Obligations shall be immediately due and payable in full on the earlier to occur of: (i) the close of business at 5 p.m., EST on December 31, 2005; or (ii) at the option of Lenders, upon the occurrence of an Event of Default.
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Maturity of Obligations. The latest maturity date of the Obligations is October 10, 2017.
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Maturity of Obligations. 17 1.16 Acceptance of Trust by Trustee................................................................17 1.17 Investment of Cash Held by Trustee............................................................17 1.18 Principal Amount of Obligations Other than Bonds..............................................17
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Related to Maturity of Obligations

  • Priority of Obligations The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu, without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company.

  • Repayment of Obligations Notwithstanding anything to the contrary contained herein, the Borrower shall repay the Advances Outstanding, all accrued and unpaid Yield, any Breakage Fees, Increased Costs, all accrued and unpaid costs and expenses of the Administrative Agent and Lenders and all other Obligations (other than unmatured contingent indemnification obligations) in full on the Facility Maturity Date.

  • VALIDITY OF OBLIGATIONS The execution and delivery of this Agreement by the Company and the performance of the transactions contemplated herein have been duly and validly authorized by the Board of Directors of the Company and this Agreement has been duly and validly authorized by all necessary corporate action and is a legal, valid and binding obligation of the Company.

  • Acceleration of Obligations Declare all Obligations, whether evidenced by this Agreement, by any of the other Loan Documents, or otherwise, including (i) any accrued and unpaid interest, (ii) the amounts which would have otherwise come due under Section 2.3(b)(ii) if the Loans had been voluntarily prepaid, (iii) the unpaid principal balance of the Loans and (iv) all other sums, if any, that shall have become due and payable hereunder, immediately due and payable (provided that upon the occurrence of an Event of Default described in Section 8.12 or 8.13 all Obligations shall become immediately due and payable without any action by Lender);

  • Payment of Obligations Pay, discharge or otherwise satisfy at or before maturity or before they become delinquent, as the case may be, all its material obligations of whatever nature, except where the amount or validity thereof is currently being contested in good faith by appropriate proceedings and reserves in conformity with GAAP with respect thereto have been provided on the books of the relevant Group Member.