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There is no fixed due date for repayment.
Without even having to prove loss, the lender is at least entitled to default interest (that is, interest accruing after the due date of repayment).
The situation came to a head in the summer until Art Capital Group decided to withdraw its lawsuit against her in September, agreeing to extend the due date of her repayment.
Second, the debt note requires a fixed due date (or "maturity date") for repayment of the total amount borrowed, plus interest.
Founders must not forget that a convertible note is a loan and, like most loans, has a fixed due date (or "maturity date") for repayment of the total amount borrowed, plus interest.
When taking out a payday loan, the borrower usually gives the loan company access to their bank account so that repayments can be taken out automatically on the due date.
The Reades were living on benefits, with no cash to spare for debt repayments and this time they couldn't repay on the due date.
"Only the due date".
Another repayment due to ECB of €3.2bn.
Her original due date?
"Due Date" will have none of it.
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CEO of Professional Science Editing for Scientists @ prosciediting.com