Payment Schedule and Maturity Date. The entire principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued unpaid interest shall be due and payable on the first (1st) day of the first (1st) calendar month after the Closing Date and on the same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the Loan shall have been fully paid and satisfied.
Appears in 2 contracts
Samples: Credit Agreement (Behringer Harvard Short Term Opportunity Fund I Lp), Credit Agreement (Behringer Harvard Reit I Inc)
Payment Schedule and Maturity Date. The entire principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full in immediately available funds on the Maturity Date. Accrued unpaid interest shall be due and payable on the first (1st) day last Business Day of the first (1st) calendar month after the Closing Date and on the same day last Business Day of each succeeding calendar month thereafter until all principal and accrued interest owing on the Loan shall have been fully paid and satisfied.
Appears in 1 contract
Payment Schedule and Maturity Date. The entire principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued unpaid interest shall be due and payable on the first (1st) day of the first (1st) calendar month after the Closing Date date of this Agreement and on the same first day of each succeeding calendar month thereafter until all principal and accrued interest owing on the this Loan shall have been fully paid and satisfied.
Appears in 1 contract
