Common use of Balloon Payment Clause in Contracts

Balloon Payment. THIS AGREEMENT PROVIDES FOR A BALLOON PAYMENT. BORROWER ACKNOWLEDGES THAT LENDER HAS NOT AGREED TO REFINANCE THAT PAYMENT.

Appears in 2 contracts

Sources: Credit Agreement (Qad Inc), Credit Agreement (Alico Inc)

Balloon Payment. THIS AGREEMENT PROVIDES FOR A BALLOON PAYMENT. BORROWER ACKNOWLEDGES THAT THAT, EXCEPT WITH RESPECT TO THE RENEWAL PROVISIONS OF THIS AGREEMENT, LENDER HAS NOT AGREED TO REFINANCE THAT PAYMENT.

Appears in 1 contract

Sources: Senior Revolving Credit Agreement (HSW International, Inc.)

Balloon Payment. THIS AGREEMENT PROVIDES AND THE OTHER LOAN DOCUMENTS PROVIDE FOR A BALLOON PAYMENTPAYMENTS. BORROWER ACKNOWLEDGES THAT LENDER HAS NOT AGREED TO REFINANCE THAT PAYMENTTHOSE PAYMENTS.

Appears in 1 contract

Sources: Master Credit Agreement (AppHarvest, Inc.)

Balloon Payment. THIS AGREEMENT PROVIDES FOR A BALLOON PAYMENTPAYMENTS. BORROWER ACKNOWLEDGES THAT LENDER HAS NOT AGREED TO REFINANCE THAT PAYMENTTHOSE PAYMENTS.

Appears in 1 contract

Sources: Credit Agreement (Qad Inc)