Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Interest Only Payments. Subject to and in accordance with the terms of this Section 2, on each Interest Payment Date the Company shall pay to the Holder all interest accrued and unpaid as of each such Interest Payment Date on the entire outstanding Principal Amount of this Debenture (the “Interest Amount”).
Interest Only Payments. Borrower shall make monthly payments of interest-only on each Term Loan Advance commencing on the first (1st) calendar day of the first (1st) month following the month in which the Funding Date for such Term Loan Advance occurs and continuing thereafter during the Interest-Only Period on the first (1st) calendar day of each successive month.
Interest Only Payments. Subject to the terms of Section 1(b) below, on each Payment Date and on the Maturity Date, the Company shall pay to the Holder all interest accrued to date on the entire Principal Amount of this Note (“Interest Amount”), in either cash or in shares of Common Stock at the Company’s option, in accordance with this Section 1.
Interest Only Payments. Subject to and in accordance with the terms of this Section 2, on the earlier of the Maturity Date or the Early Repayment Date, the Company shall pay to the Holder all interest accrued and unpaid at that time on the entire outstanding Principal Amount of this Debenture (the “Interest Amount”) together with repayment of the entire outstanding Principal Amount of this Debenture in cash.
Interest Only Payments. For each Supplemental Equipment Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Supplemental Equipment Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Interest Only Payments. Borrower shall make monthly payments of interest only commencing on the first Payment Date following the Funding Date of each Term Loan, and on each Payment Date thereafter prior to the Amortization Date. Borrower agrees to pay, on the first Payment Date following the Funding Date of each Term Loan, any initial partial monthly interest payment due for the period between the Funding Date of such Term Loan and the first Payment Date following such Funding Date.
Interest Only Payments. On each Payment Date and on the Maturity Date, the Company shall pay in cash to the Holder all interest accrued but unpaid to date on the entire Principal Amount of this Note (“Interest Amount”).
Interest Only Payments. The following information respecting your TD Investment Lending loan (the "Loan") must be read together with the Terms and Conditions which follow, and together they form the agreement applicable to your Loan (this agreement as it may be amended from time to time is referred to herein as the "Agreement"). Principal: Principal Amount of the Loan (the "Principal Amount"): $ . The Principal Amount will be advanced on: Fourth (4th) business day from the Date of Agreement (the "Date of Advance") Interest Rate: Interest on the Principal Amount is calculated at: Variable Annual Interest Rate: TD Prime Rate % per annum (TD Prime Rate today) + % per annum (the "Spread" today) = % per annum (Variable Annual Interest Rate today).
