Principal Payment Sample Clauses

Principal Payment. Any Borrower shall fail to pay any principal of any Loan or any reimbursement obligation in respect of any LC Disbursement when and as the same shall become due and payable, whether at the due date thereof or at a date fixed for prepayment thereof or otherwise;
Principal Payment. The Company shall pay to the Holder, in cash on or before the Maturity Date, the original unpaid principal amount of this Debenture (plus unpaid accrued interest thereon); provided, that if the Maturity Date is not a business day, such payment shall be made on the next succeeding business day. The Principal Payment that is due in cash and which is not paid on the Maturity Date shall bear interest until paid at the Default Interest Rate.
Principal Payment. The outstanding principal amount of the Notes shall be due and payable on July 15, 2019.
Principal Payment. In addition to the monthly payments of interest, as set forth in Section 2.1.1(b) above, the principal amount of each Equipment Advance is payable in forty-eight (48) consecutive equal monthly payments of principal beginning on the first calendar day of the month following the Funding Date of such Equipment Advance and continuing on the first calendar day of each month thereafter. The final payment due on the applicable Equipment Maturity Date shall include all outstanding principal and all accrued unpaid interest.
Principal Payment. Except as otherwise provided in Section 2.06 hereof, the principal amount of the Notes shall be payable on the stated maturity date of June 1, 2029.
Principal Payment. In the event of a default as defined in Section 4.1 or on November 1, 1999, the principal balance of the Line of Credit Note together with all accrued interest shall become immediately due and payable.
Principal Payment. Payment of the principal of this Debenture shall be made upon presentation of this Debenture at the Company's principal office for surrender upon payment in full. The Company may not prepay all or any portion of this Debenture.
Principal Payment. Except as otherwise provided herein, the principal of all Term Loans shall be repaid in accordance with this Section 3.1.