Interest Only. Interest only shall be due and payable on the unpaid principal balance of the Advances, without claim, notice, presentment or demand, in consecutive monthly installments on the first (1st) day of each month commencing on the first (1st) day of the first (1st) full calendar month following the Initial Funding Date and continuing thereafter until the Revolving Facility is paid in full.
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Sources: Loan and Security Agreement (Pacific Ethanol, Inc.)
Interest Only. Interest only shall be due and payable on the unpaid principal balance of the AdvancesRevolving Facility, without claim, notice, presentment or demand, in consecutive monthly installments on the first (1st) day of each month commencing on the first (1st) day of the first (1st) full calendar month following the Initial Funding Date and continuing thereafter until the Revolving Facility is Obligations are paid in full.
Appears in 1 contract
Sources: Revolving Credit and Term Loan & Security Agreement (Motorvac Technologies Inc)
Interest Only. Interest only shall be due and payable on the unpaid principal balance of the Advancesan Advance, without claim, notice, presentment or demand, in consecutive monthly installments on the first (1st) day of each month commencing on the first (1st) day of the first (1st) full calendar month following the Initial Funding Date and continuing thereafter until the Revolving Facility is Obligations are paid in full.
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