Repayment Date Clause Samples
The Repayment Date clause defines the specific date by which a borrower must fully repay the principal and any outstanding interest on a loan. In practice, this clause sets a clear deadline for payment, which may be a fixed calendar date or determined by a set period after the loan is issued. By establishing a definitive timeline for repayment, the clause ensures both parties understand their obligations and helps prevent disputes over when payment is due.
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Repayment Date. Unless otherwise agreed by Party A in writing, the Loan borrowed by Party B, any portion of the Loan and any other payment in arrears, if applicable, under this Agreement shall become due and payable five Business Days after Party A gives written notice to Party B demanding repayment in accordance with Article 6.1 (Repayment Date). Without Party A’s express prior written consent, the Loan shall not be repaid and shall continue indefinitely until the Repayment Date.
Repayment Date. Subject to Section 2.1 below, the Borrower shall repay the Lender the outstanding Loan Amount plus all accrued interest (the “Total Loan Amount Repayable”) in two equal installments after the commencement of sales of the Company’s products (the “Commencement Date”) as follows: (i) 3 (three) months following Commencement Date; and (ii) 6 (six) months following the “Commencement Date.”
Repayment Date. The term “Repayment Date” shall mean, when used with respect to any Security to be repaid at the option of the Holder, the date fixed for such repayment by or pursuant to this Indenture.
Repayment Date. The Borrower shall on 31 December 2018 (the “Repayment Date”) repay the Loan then outstanding in full, all outstanding interest on it and all other sums outstanding under or in connection with this Agreement, unless on or before that date, the Lender has been repaid in full following a demand or voluntary prepayment under Clause 3.2 (Prepayment) or has received all of the ordinary shares in the Borrower in accordance with Clause 4 (Conversion).
Repayment Date. 1. If the repayment method in paragraph 1 of the preceding paragraph is adopted, the maturity date of the loan shall be the date of the last repayment, and the interest shall be clear with the principal.
2. If the repayment methods listed in item 2, 3 and 4 of the preceding paragraph are adopted, the first repayment date shall be × the first interest settlement date / ×20 / year / month/day, and then the corresponding day of every month/month/month at the end of every quarter/month/month at the end of every half month shall be the repayment date; If there is no corresponding day, the repayment date shall be the last day of the month. The last repayment date shall be the maturity date of the loan. If the said repayment date is a non-bank business day, it will be deferred to the next business day, and interest will be charged during the deferred period as agreed in this contract.
Repayment Date. Subject to Section 2.1 below, the Borrower shall repay the Lender the outstanding Loan Amount plus all accrued interest (“Total Loan Amount Repayable”) in two equal installments on June 1, 2017, and September 1, 2017.
Repayment Date. The outstanding principal balance of this Note, together with any accrued but unpaid interest, shall be due and payable on the earlier of (i) the consummation of an initial underwritten public offering of shares of common stock, $0.00001 par value, of ▇▇▇▇▇▇ & ▇▇▇▇▇▇ Group, Inc., a Delaware corporation formed on November 18, 2011 (the “IPO”), or (ii) five years from the date first set out above. The principal of this Note may not be prepaid by Maker, in whole or in part, at any time without penalty.
Repayment Date. The loan is due on demand.
Repayment Date. The term “
Repayment Date. The Borrower shall begin to repay the principal amount drawn under Facility A and Facility B on the date that is twelve (12) months after the expiration of the Availability Period of Facility A and Facility B (if such date is a statutory holiday, then the first Business Day preceding such day) (such date, the “First Repayment Date”) in accordance with Section 6.2.