Common use of Note Maturity Date Clause in Contracts

Note Maturity Date. At least one (1) month prior to the Maturity Date, the maturity date with respect to the BH Notes shall not be earlier than six months after the Maturity Date unless the Agent agrees to a shorter extension. The Borrowers hereby agree that the Agent may pay any fees (and charge the loan account therefor) required under the Note Purchase Agreement to be paid by the Borrowers and if it determines to do so, cause the Borrower to pay, or pay on the Borrower's behalf as aforesaid, fees sufficient for a five month, 28 day extension under such Note Purchase Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (Planet Hollywood International Inc)

Note Maturity Date. At least one (1) month prior to the Maturity Date, the maturity date with respect to the BH Notes shall not be earlier than six months after the Maturity Date unless the Agent Lender agrees to a shorter extension. The Borrowers hereby agree that the Agent Lender may pay any fees (and charge the loan account therefor) required under the Note Purchase Agreement to be paid by the Borrowers and if it determines to do so, cause the Borrower to pay, or pay on the Borrower's behalf as aforesaid, fees sufficient for a five month, 28 day extension under such Note Purchase Agreement.

Appears in 1 contract

Sources: Secondary Revolving Credit Agreement (Planet Hollywood International Inc)