Repayment Clause Example with 4 Variations from Business Contracts

This page contains Repayment clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Repayment. The principal balance of this Note shall be payable by Maker on the earlier of (such date, the "Maturity Date"), subject to Section 12 below, (a) the date on which Maker consummates its initial business combination and (b) the date of the liquidation of Maker. The principal balance may be prepaid at any time, at the election of Maker. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for ...any obligations or liabilities of the Maker hereunder. View More
Found in Malacca Straits Acquisition Co Ltd contract

Variations of a "Repayment" Clause from Business Contracts

Repayment. The principal balance of this Note shall be payable by Maker on the earlier of (such date, the "Maturity Date"), subject to Section 12 below, (a) the date on which Maker consummates its initial business combination and (the "Business Combination"), or (b) the date of the liquidation of the Maker. The principal balance may be prepaid at any time, at the election of Maker. time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder... stockholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder. View More
Found in Newbury Street Acquisition Corporation contract
Repayment. The principal balance of this Note shall be payable by Maker on the earlier earliest to occur of (such date, the "Maturity Date"), subject to Section 12 below, (a) (i) the date on which Maker consummates its initial business combination and (b) (ii) the date that the winding up of Maker is effective (such date, the liquidation of Maker. "Maturity Date"). The principal balance may be prepaid at any time, at the election of Maker. Under no circumstances shall any individual, including but not limi...ted to any officer, director, employee or shareholder stockholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder. View More
Found in Tastemaker Acquisition Corp. contract
Repayment. The principal balance of this Note shall be payable by Maker on the earlier earliest to occur of (such date, the "Maturity Date"), subject to Section 12 below, (a) (i) the date on which Maker consummates its initial business combination and (b) (ii) the date that the winding up of Maker is effective (such date, the liquidation of Maker. "Maturity Date"). The principal balance may be prepaid at any time, at the election of Maker. Under no circumstances shall any individual, including but not limi...ted to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder. View More
Found in Apex Technology Acquisition Corp contract
Repayment. The principal balance of this Note shall be payable by Maker on the earlier earliest to occur of (such date, the "Maturity Date"), subject to Section 12 below, (a) (i) the date on which Maker consummates its initial business combination and (b) (ii) the date of that the liquidation of Maker. Maker is effective (such date, the "Maturity Date"). The principal balance may be prepaid at any time, at the election of Maker. Under no circumstances shall any individual, including but not limited to any ...officer, director, employee or shareholder stockholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder. View More
Found in Athena Consumer Acquisition Corp. contract