Principal Repayments on the Termination Date Clause Samples

The 'Principal Repayments on the Termination Date' clause specifies that any outstanding principal amounts under a loan or credit agreement must be repaid in full when the agreement reaches its termination date. In practice, this means that regardless of the regular repayment schedule, any remaining unpaid principal becomes immediately due and payable at the end of the contract term. This clause ensures that the lender receives full repayment of the principal by the agreement's conclusion, thereby eliminating any ambiguity about the borrower's obligations at termination and protecting the lender from extended credit risk.
Principal Repayments on the Termination Date. The Advances Outstanding shall be payable in full on the Termination Date.
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Related to Principal Repayments on the Termination Date

  • Repayment on Termination Date The Borrower hereby agrees to repay the outstanding principal amount of (i) all Revolving Credit Loans in full on the Revolving Credit Maturity Date, and (ii) all Swingline Loans in accordance with Section 2.2(b) (but, in any event, no later than the Revolving Credit Maturity Date), together, in each case, with all accrued but unpaid interest thereon.

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Payments on Termination Payments to the Advisor pursuant to this Section 13.03 shall be subject to the 2%/25% Guidelines to the extent applicable. After the Termination Date, the Advisor shall not be entitled to compensation for further services hereunder except it shall be entitled to receive from the Company within 30 days after the effective date of such termination all unpaid reimbursements of expenses and all earned but unpaid fees payable to the Advisor prior to termination of this Agreement.

  • Principal Repayment Series 2017-A [Insert columns for other Series]

  • Payments on Early Termination For the purpose of Section 6(e) of this Agreement: (i) Market Quotation will apply. (ii) The Second Method will apply.