Common use of Interest Components Clause in Contracts

Interest Components. Monthly, (A) beginning on the first day of the month following the Closing Date, an amount in which is necessary to pay the first maturing Interest Component coming due on this Loan Agreement (which is December 1, 2022), and (B) on the first day of the month thereafter one-sixth (1/6th) of the amount necessary to pay the next maturing Interest Component on this Loan Agreement as described in Exhibit “B”;

Interest Components. Monthly, (A) Monthly, beginning on the first day of the month following the Closing Date, an amount in equal monthly installments which is necessary to pay the first maturing Interest Component coming due on this Loan Agreement (which is December 1, 20222020), and (B) on the first day of the each month thereafter thereafter, one-sixth (1/6th1/6) of the amount necessary to pay the next maturing Interest Component on this Loan Agreement as described in Exhibit “B”;