Common use of Amounts Outstanding Clause in Contracts

Amounts Outstanding. The Borrowers and Lender hereby acknowledge and agree that, as of September 30, 2023, the outstanding principal and interest amounts owed to the Lender under the Note is $20,563,147.26, comprised of (a) outstanding principal amount of $20,000,000 and (b) accrued and unpaid interest amount of $563,147.26.

Appears in 1 contract

Sources: 5% Unsecured Promissory Note (Next Bridge Hydrocarbons, Inc.)

Amounts Outstanding. The Borrowers Borrower and Lender hereby acknowledge and agree that, as of September 30, 2023, the outstanding principal and interest amounts owed to the Lender under the Secured Note is $20,563,147.2617,057,488.58, comprised of (a) outstanding principal amount of $20,000,000 15,000,000 and (b) accrued and unpaid interest amount of $563,147.262,057,488.58.

Appears in 1 contract

Sources: 8% Secured Promissory Note (Next Bridge Hydrocarbons, Inc.)

Amounts Outstanding. The Borrowers and Lender hereby acknowledge and agree that, as of September 30, 2023, the outstanding principal and interest amounts owed to the Lender under the Note Loan Agreement is $20,563,147.266,837,742.16, comprised of (a) outstanding principal amount of $20,000,000 6,589,361.77 and (b) accrued and unpaid interest amount of $563,147.26248,380.39.

Appears in 1 contract

Sources: Loan Agreement (Next Bridge Hydrocarbons, Inc.)