Common use of Maturity of the Notes Clause in Contracts

Maturity of the Notes. (a) Subject to Section 2.8, the Notes shall mature on January 16, 2021 (the “Maturity Date”). (b) In the case of any extension of the Maturity Date, the Maturity Date shall be considered a Payment Date under the terms of this Indenture, and interest at the Note Rate shall be due on the Notes on such Maturity Date and on each Payment Date occurring thereafter until the Issuer satisfies its payment obligation under the Notes. (c) Upon the occurrence of any extension of the Maturity Date under this Section 2.6, the Issuer shall promptly, but in any event within two Business Days thereafter, deliver notice thereof to the Noteholders in accordance with the provisions of Section 13.4. (d) No payments in respect of the principal of the Notes shall be paid prior to the Maturity Date except in the case of the occurrence of an Event of Default in the circumstances set out in Section 5.2.

Appears in 1 contract

Sources: Indenture

Maturity of the Notes. (a) Subject to Section 2.82.08, the Notes shall mature on January 1615, 2021 (the “Maturity Date”). (b) In the case of any extension of the Maturity Date, the Maturity Date shall be considered a Payment Date under the terms of this Indenture, and interest at the Note Rate shall be due on the Notes on such Maturity Date and on each Payment Date occurring thereafter until the Issuer satisfies its payment obligation under the Notes. (c) Upon the occurrence of any extension of the Maturity Date under this Section 2.62.06, the Issuer shall promptly, but in any event within two Business Days thereafter, deliver notice thereof to the Noteholders in accordance with the provisions of Section 13.413.04. (d) No payments in respect of the principal of the Notes shall be paid prior to the Maturity Date except in the case of the occurrence of an Event of Default in the circumstances set out in Section 5.25.02.

Appears in 1 contract

Sources: Indenture