Common use of Amounts Outstanding Clause in Contracts

Amounts Outstanding. The Borrowers and Lender hereby acknowledge and agree that, as of the Amendment Effective Date after giving effect to the transactions set forth in this Agreement, including the Principal Payment, the outstanding principal and interest amounts owed to the Lender under the Loan Agreement is $6,862,364.21, comprised of (a) outstanding principal amount of $6,589,361.77 and (b) accrued and unpaid interest amount of $273,002.44.

Appears in 2 contracts

Samples: Loan Agreement (Next Bridge Hydrocarbons, Inc.), Loan Agreement (Meta Materials Inc.)

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Amounts Outstanding. The Borrowers Borrower and Lender Lxxxxx hereby acknowledge and agree that, as of the Amendment Effective Date after giving effect to the transactions set forth in this Agreement, including the Principal Payment, the outstanding principal and interest amounts owed to the Lender under the Loan Agreement Secured Note is $6,862,364.2116,689,444.44, comprised of (a) outstanding principal amount of $6,589,361.77 15,000,000 and (b) accrued and unpaid interest amount of $273,002.441,689,444.44.

Appears in 1 contract

Samples: Development Unit Agreement (Next Bridge Hydrocarbons, Inc.)

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Amounts Outstanding. The Borrowers Borrower and Lender Xxxxxx hereby acknowledge and agree that, as of the Amendment Effective Date after giving effect to the transactions set forth in this Agreement, including the Principal Payment, the outstanding principal and interest amounts owed to the Lender under the Loan Agreement Secured Note is $6,862,364.2116,689,444.44, comprised of (a) outstanding principal amount of $6,589,361.77 15,000,000 and (b) accrued and unpaid interest amount of $273,002.441,689,444.44.

Appears in 1 contract

Samples: Secured Promissory Note (Meta Materials Inc.)

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