Common use of Loan Payment Terms Clause in Contracts

Loan Payment Terms. Borrower to pay $300.000 US Dollars to Lender, plus 24% annual interest for the life of the loan. Payment of the principal loan and accrued interests shall be due 120days from the date of execution of this agreement. If the loan is not paid on the due date, the Borrower will pay a monthly penalty fee of 10 % of the principal loan, and continue paying the accrued interest. This Loan will also be repayable in 360 Days from reception of Wire. In addition to the Interest Rate the Tower One Wireless Inc. will also issue 300,000 Stock Options at a Deemed Value of .25 (CAD). The term of these Options is 24 Months from Issue Date.

Loan Payment Terms. Borrower to pay $300.000 200.000 US Dollars to Lender, plus 24% annual interest for the life of the loan. Payment of the principal loan and accrued interests shall be due 120days from the date of execution of this agreement. If the loan is not paid on the due date, the Borrower will pay a monthly penalty fee of 10 % of the principal loan, and continue paying the accrued interest. This Loan will also be repayable in 360 Days from reception of Wire. In addition to the Interest Rate the Tower One Wireless Inc. will also issue 300,000 Stock Options at a Deemed Value of .25 (CAD). The term of these Options is 24 Months from Issue Date.

Loan Payment Terms. Borrower to pay $300.000 150.000 US Dollars to Lender, plus 24% annual interest for the life of the loan. Payment of the principal loan and accrued interests shall be due 120days from the date of execution of this agreement. If the loan is not paid on the due date, the Borrower will pay a monthly penalty fee of 10 % of the principal loan, and continue paying the accrued interest. This Loan will also be repayable in 360 Days from reception of Wire. In addition to the Interest Rate the Tower One Wireless Inc. will also issue 300,000 150,000 Stock Options at a Deemed Value of .25 (CAD). The term of these Options is 24 Months from Issue Date.