Prior to Maturity Date Sample Clauses

The "Prior to Maturity Date" clause defines the rights, obligations, or actions that may occur before a contract or financial instrument reaches its specified maturity date. In practice, this clause might outline conditions under which early payments, prepayments, or certain modifications can be made before the maturity date is reached. Its core function is to provide clarity and structure for any events or transactions that are permitted or required before the contract's scheduled end, thereby reducing uncertainty and managing expectations for both parties.
Prior to Maturity Date by dividing the unpaid balance of the Principal Sum, plus all accrued and unpaid interest (the "Conversion Factor"), by ninety percent (90%) of the offering price of the Maker’s most recent equity offering. In the event that no offerings of the Maker’s common stock have occurred the conversion price shall be fifteen cents ($0.15); or.
Prior to Maturity Date. Prior to Maturity Date, on the first day of each month, there shall be paid monthly payments of all accrued and unpaid interest on the Principal Balance.
Prior to Maturity Date. Notwithstanding any other provision hereof, the Borrower will not be entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date.
Prior to Maturity Date. Subject to the terms and conditions hereof, either Borrower may borrow, repay, and reborrow Advances hereunder prior to the Maturity Date, so long as: (i) the applicable Borrower gives notice to Agent by 2:00 p.m., Toronto, Ontario time on the Business Day immediately preceding the date of prepayment (and Agent shall give each Lender notice thereof by 4:30 p.m. Toronto, Ontario time on the date such notice is received from the applicable Borrower if it receives such Borrowing Notice by 11:00 a.m., Toronto, Ontario time, otherwise on the next Business Day) and all partial prepayments of principal concurrently paid on the Loans are increments of $1,000,000 in the Applicable Currency and in an aggregate amount greater than or equal to $5,000,000 in the Applicable Currency; and (ii) the applicable Borrower pays all amounts owing in connection with the prepayment of any US Dollar Eurodollar Loan owing under Section 3.6.

Related to Prior to Maturity Date

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

  • Discharge Prior to Maturity The Indenture shall be discharged and canceled upon the payment of all of the Securities and shall be discharged except for certain obligations upon the irrevocable deposit with the Trustee of funds or U.S. Government Obligations sufficient for such payment.

  • Termination Prior to Maturity Date; Survival All covenants, representations and warranties made in this Agreement shall continue in full force until this Agreement has terminated pursuant to its terms and all Obligations have been satisfied. So long as Borrower has satisfied the Obligations (other than inchoate indemnity obligations, and any other obligations which, by their terms, are to survive the termination of this Agreement, and any Obligations under Bank Services Agreements that are cash collateralized in accordance with Section 4.1 of this Agreement), this Agreement may be terminated prior to the Revolving Line Maturity Date by Borrower, effective three (3) Business Days after written notice of termination is given to Bank. Those obligations that are expressly specified in this Agreement as surviving this Agreement’s termination shall continue to survive notwithstanding this Agreement’s termination.

  • Final Maturity Date 19 Fitch .....................................................................................19

  • Original Terms to Maturity The original term to maturity of substantially all of the Mortgage Loans included in the Mortgage Pool shall be between 20 and 30 years.