Common use of Minimum Monthly Principal Payments Clause in Contracts

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on September 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $33,333.00 (the "Monthly Amortization"), together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note but have not been paid (collectively, the "Monthly Amount"). From April 1, 2005 through March 1, 2007, the Monthly Amortization shall be increased to $41,667.00.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall begin on September October 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization AMORTIZATION Date"). Subject to Section 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $33,333.00 58,333.00 (the "Monthly AmortizationMONTHLY AMORTIZATION"), together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note but have not been paid (collectively, the "Monthly AmountMONTHLY AMOUNT"). From April 1, 2005 through March 1, 2007, the Monthly Amortization shall be increased to $41,667.00.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on September August 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3 3.4 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $33,333.00 (the "Monthly Amortization")116,667, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note but have not been paid (collectively, the "Monthly Amount"). From April 1, 2005 through March 1, 2007, the Monthly Amortization shall be increased to $41,667.00.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on September 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3 3.4 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $33,333.00 (the "Monthly Amortization")72,580.65 , together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note but have not been paid (collectively, the "Monthly Amount"). From April 1, 2005 through March 1, 2007, the Monthly Amortization shall be increased to $41,667.00.2 -----------------------------------------------------------------------------------------------------