What happens on the maturity date? The maturity date of a loan is the date that the loan must be paid in full. If the borrower has been making payments during the loan term, the maturity date is the date that the final payment is due. What is the meaning of maturity date? The matur...
Maturity date definition: the date on which a financial instrument, as a bond or loan, expires and becomes due. See examples of MATURITY DATE used in a sentence.
Examples ofLoan Maturityin a sentence Each Swing Loan shall be due and payable on the SwingLoan MaturityDate applicable thereto. Interest on each Swing Loan shall be payable on the SwingLoan MaturityDate applicable thereto. First, we shall cull from the existing projects in Taiwan, a pool of ...
The date on which payment of a financial obligation is due. In the case of a bond, the maturity date is the one on which the issuer must retire the bond by paying the face value of the bond to its owners. Shares of stock do not have specific maturity dates. ...
“Original Lender”) extended credit in the original amount of up to TWO HUNDRED FORTY SEVEN MILLION AND NO/100 DOLLARS ($247,000,000.00) (the “Loan”) to Borrower, evidenced, inter alia, by a certain Promissory Note (as amended through the date hereof and as the same may be further ...
TheNew Maturity Date, as set forth on the signature page hereto, shall be the due date for the amounts to be extended pursuant to this Agreement (the “New Repayment Amount”). More Definitions ofNew Maturity Date New Maturity Date. Has the meaning given such term in Section 13(d). ...
maturity date ( def ): The loan has reached its maturity and must be paid back in full. Usuallymaturities. bonds and other investments having a fixed term: Some investors prefer short-term maturities to avoid tying up their money for a long period. ...
Allan Mitchell, The Athletic, 8 Jan. 2025 The document stipulated that an equity capital raise needed to occur before the loan’s maturity date to trigger the conversion of the loan to equity. Jon Fortt,paige Tortorelli, CNBC, 7 Jan. 2025 See all Example Sentences for maturity Word...
Knowing the maturity date of a financial instrument is important because it informs when you can expect to receive payment and is essential to assessing the risk and return of an investment. In general, the longer the maturity, the greater the degree of price risk, meaning the bond price coul...
Unless repaid by the Company, amounts due to Boothbay under the convertible loan note shall convert at or prior to the Maturity Date: (i) at a price that is a 35 per cent. discount to the Volume Weighted Average Price ("VWAP") per share in the 5 trading days prior to the noteholder...