Common use of Payments of Principal Clause in Contracts

Payments of Principal. Borrower hereby promises to pay to the order of --------------------- CSFC the Principal Amount outstanding under this Note (x) in monthly installments from the date of the First Payment Date through the Maturity Date, (y) at the option of Borrower, in full but not in part as permitted under the Defeasance Option specified in Section 4 hereof, and (z) in full either at such time as this Note is accelerated under Section 5 hereof or matures under Section 3 hereof.

Appears in 9 contracts

Samples: Loan and Security Agreement (Discovery Investments Inc), Discovery Investments Inc, Discovery Investments Inc

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