Loan Principal Payments Sample Clauses

Loan Principal Payments the principal component of all Loan Payments, but excluding the principal component of all cash prepayments of Loan Payments made as a result of the redemption of Bonds at the option of the Borrower, which shall be deposited in the Redemption Fund; and
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Loan Principal Payments. All Loans hereunder shall be repaid by Borrower on the Loan Maturity Date, unless payable sooner pursuant to the provisions of this Agreement. In the event the aggregate outstanding principal balance of all Loans hereunder exceeds the Loan Availability, Borrower shall, without notice or demand of any kind, immediately, make such repayments of the Loans or take such other actions as are satisfactory to Secured Party as shall be necessary to eliminate such excess. Borrower may from time to time prepay the Loans, in whole or in part, without any prepayment penalty whatsoever.
Loan Principal Payments. Borrower shall repay to Administrative Agent, for the account of each Lender, in full on the Maturity Date the unpaid principal amount of all Loans made by such Lender. Borrower may not re-borrow the principal amount of any Loan repaid.
Loan Principal Payments. Payments of principal of the Loans will be settled on the date of receipt if received by Agent by 11:00 a.m. Atlanta, Georgia time, and on the Business Day immediately following the date of receipt if received by Agent after 11:00 a.m. Atlanta, Georgia time.

Related to Loan Principal Payments

  • Optional Principal Payments 11 2.8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Principal Payments Originator is authorized and directed by SPV to enter on the grid attached hereto, or, at its option, in its books and records, the date and amount of each loan made by it which is evidenced by this Subordinated Note and the amount of each payment of principal made by SPV, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered; provided that neither the failure of Originator to make any such entry or any error therein shall expand, limit or affect the obligations of SPV hereunder.

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

  • Payment of Principal, Premium and Interest The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

  • Loan Payments The Loan and interest thereon shall be payable pursuant to the terms of the Note.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Loan Payment Payments of principal, interest, and Late Charges (as defined in the Note) shall be made as provided in the Note.

  • Capitalized Interest Account On the Closing Date, the Issuer shall deposit the Capitalized Interest Account Initial Deposit into the Capitalized Interest Account.

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,006,549.92.

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