Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on July 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (New Century Energy Corp.)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") Principal Amount shall be made made, jointly and severally, by the Company Companies on July October 1, 2006 2008 and on the first business day Business Day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 38,938.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Convertible Note Agreement (ProLink Holdings Corp.)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July December 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 70,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") Principal Amount shall be made made, jointly and severally, by the Company Companies on July October 1, 2006 2008 and on the first business day Business Day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 24,422.09 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Convertible Note Agreement (ProLink Holdings Corp.)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 66,666.67 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made in cash by the Company on July August 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 54,688 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on July November 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 30,303.03 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on July 1June 30, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 27,777.78 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July August 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including until the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 109,375.00 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (House of Brussels Chocolates Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July October 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 161,290.32 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Accentia Biopharmaceuticals Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July June 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including until the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 75,758 (the “Monthly Principal Amount”) together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Biodelivery Sciences International Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July February 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 170,833.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Patients & Physicians, Inc.)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on July September 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 96,969.70 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made in cash by the Company on July February 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 285,714.28 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNTPrincipal Amount") shall be made by the Company on July 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATEAmortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 83,333.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNTMonthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Ams Health Sciences Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") Principal Amount shall be made made, jointly and severally, by the Company Companies on July February 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATEAmortization Date"). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 37,500 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNTMonthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July January 1, 2006 2009 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 44,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.”
Appears in 1 contract
Sources: Secured Non Convertible Revolving Note (Micro Component Technology Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on July August 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 46,875 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Incentra Solutions, Inc.)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July November 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 322,580.64 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Accentia Biopharmaceuticals Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July 1, 2006 and commencing on the first business day of each succeeding consecutive calendar month thereafter hereafter through and including the Maturity Date Date, and on the Maturity Date, whether by acceleration or otherwise (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 9,263.13 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement Note (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement Note shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July August 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 66,666.67 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Note Agreement (Iwt Tesoro Corp)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company Companies, on July a joint and several basis, on November 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall Companies shall, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in according to the amount of $250,000 schedule below together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable payable, on a joint and several basis, on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July 1February 28, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 270,833.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Securities Purchase Agreement (Modtech Holdings Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNTPrincipal Amount") shall be made in cash by the Company on July April 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATEAmortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 154,761.90 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNTMonthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") Principal Amount shall be made made, jointly and severally, by the Company Companies on July October 1, 2006 2008 and on the first business day Business Day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 38,306.25 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Convertible Note Agreement (ProLink Holdings Corp.)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company commencing on July 12, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments of principal to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 238,095 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then due and owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Purchaser Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July January 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 121,212.12 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July March 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to prospective reductions in the event of conversions under Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 60,606.06 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Path 1 Network Technologies Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July March 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 45,454,.54 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Non Convertible Term Note (Conversion Services International Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July April 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 33,333 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Non Convertible Term Note (Small World Kids Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNTPrincipal Amount") shall be made by the Company on July 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATEAmortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 200,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNTMonthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company commencing on July December 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments of principal to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 119,050 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then due and owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Purchaser Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July April 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 66,666.67 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July March 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing Commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $250,000 87,500 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Non Convertible Term Note (Micro Component Technology Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July 1November1, 2006 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 322,580.64 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Convertible Term Note (Accentia Biopharmaceuticals Inc)
Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT"“Principal Amount”) shall be made by the Company on July April 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "AMORTIZATION DATE"“Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $250,000 50,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Sources: Secured Term Note (Naturade Inc)