Payment in Full at Maturity Clause Samples

Payment in Full at Maturity. On the Maturity Date, the entire outstanding principal balance of all Loans, together with accrued but unpaid interest and all fees and other sums owing under the Loan Documents, shall be due and payable in full, unless accelerated sooner pursuant to Section 9.2; provided that if the Maturity Date is not a Business Day, then such principal, interest, fees and other sums shall be due and payable in full on the next preceding Business Day.

Payment in Full at Maturity. On the Revolving Loan Maturity Date, the entire outstanding principal balance of all Revolving Loans and all LOC Obligations, together with accrued but unpaid interest and all other sums owing with respect thereto, shall be due and payable in full, unless accelerated sooner pursuant to Section 9.

Payment in Full at Maturity. The Company shall pay to the Administrative Agent, for the account of each Bank, the entire outstanding principal amount owing under the Agreement or under any Notes, together with accrued but unpaid interest and all other sums owing under the Agreement, on the Termination Date unless accelerated sooner pursuant to Section 7.

Payment in Full at Maturity. On the Maturity Date, the entire outstanding principal amount owing under the Credit Documents, together with accrued but unpaid interest and all other sums owing under the Credit Documents shall be due and payable in full, unless accelerated sooner pursuant to Section 9.2.

Payment in Full at Maturity. On the Maturity Date, the entire outstanding principal balance of all Advances, together with accrued but unpaid interest and all other sums owing under this Agreement, shall be due and payable in full.

Payment in Full at Maturity. On the Maturity Date, the entire outstanding principal balance of all Advances, together with accrued but unpaid interest and all other sums owing under this Agreement, shall be due and payable in full; provided, however, that until the Borrower obtains a Long-Term PSCW Approval (and provides the Agent with a copy thereof), the outstanding principal balance of each Advance, together with accrued but unpaid interest thereon, shall be due and payable in full on the earlier of (i) the date that is 364 days following the date on which such Advance is made and (ii) the Maturity Date.

Payment in Full at Maturity. On the Maturity Date, the Borrower unconditionally promises to pay in full, and there shall become due and payable in full, the entire outstanding principal balance of all Loans, together with accrued but unpaid interest and all fees and other sums then owing under the Credit Documents, including, without limitation, all Borrower Obligations then owing, unless accelerated sooner pursuant to Section 9.02; provided that if the Maturity Date is not a Business Day, then such principal, interest, fees and other sums shall be due and payable in full on the next preceding Business Day.

Payment in Full at Maturity. The entire outstanding principal amount of all Revolving Advances, together with accrued but unpaid interest and all other sums owing with respect thereto, shall be due and payable in full on the Maturity Date, unless accelerated sooner pursuant to Section 7.2.

Payment in Full at Maturity. (a) Subject to Section 3.3(b) below, on the Maturity Date, the entire outstanding principal balance of all Loans and all LOC Obligations, together with accrued but unpaid interest and all other sums owing under this Credit Agreement, shall be due and payable in full, unless accelerated sooner pursuant to Section 9.2. (b) On or before three Business Days prior to the Maturity Date, the Borrowers may, as long as no Default or Event of Default exists and is continuing, notify the Agent in writing (and the Agent shall promptly forward such notice to the Lenders) that, as of the Maturity Date, they are converting the outstanding Loans to a term loan which shall be due and payable in full on the date one year subsequent to the Maturity Date (the "Term Out Maturity Date"). It is understood and agreed that subsequent to the Maturity Date, (i) the Borrowers may no longer request, and the Lenders are no longer obligated to make or issue, new Loans or Letters of Credit, (ii) any amounts repaid may not be reborrowed, (iii) interest shall accrue on the outstanding Loans, at the option of the Borrowers, in accordance with the terms of Section 2.5 and, as set forth in the definition of Applicable Margin, the Applicable Margin for Eurodollar Loans subsequent to the Maturity Date shall apply and (iv) the Borrowers shall have the right to prepay all or a portion of the outstanding Loans in accordance with Section 3.2(a).