Payment Schedule. All payments received hereunder shall be applied first to the payment of any expense or charges payable hereunder or under any other loan documents executed in connection with this Note, then to interest due and payable, with the balance applied to principal, or in such other order as Lender shall determine at its option.
Appears in 12 contracts
Samples: Loan Agreement (Tor Minerals International Inc), Ratification Agreement (Tor Minerals International Inc), Loan Agreement (Tor Minerals International Inc)
Payment Schedule. All payments received hereunder shall be applied first to the payment of any expense or charges payable hereunder or under any other loan documents executed in connection with this Note, then to interest due and payable, with the balance applied to principal, or in such other order as Lender Bank shall determine at its option.
Appears in 11 contracts
Samples: Loan Agreement (Integral Systems Inc /Md/), Loan Agreement (Tandy Brands Accessories Inc), Credit Agreement (Crescent Operating Inc)
Payment Schedule. All payments received hereunder shall be applied applied, first to the payment of any expense or charges payable hereunder or under any other loan documents executed in connection with this Note, then to interest due and payable, with the balance applied to principal, or in such other order as Lender shall determine at its option.
Appears in 3 contracts
Samples: Ratification Agreement (Tor Minerals International Inc), Loan Agreement (Tor Minerals International Inc), Loan Agreement (Tor Minerals International Inc)
Payment Schedule. All payments received hereunder shall be applied first to the payment of any expense or charges payable hereunder or under any other loan documents executed in connection with this NoteNote ("Loan Documents"), then to interest due and payable, with the balance being applied to principal, or in such other order as Lender Bank shall determine at its option.
Appears in 1 contract
Samples: Elcotel Inc
