Regular Interest. The Company shall pay interest on the principal amount of each Term Loan Advance in three (3) separate components: the first component shall consist of prepaid interest, the second component shall consist of monthly interest (to the extent required by clause (i) of this Section 2.03(a)), and the third component shall consist of interest payable upon the repayment or prepayment of principal, in whole or in part, of any Term Loan Advance, as follows:
Appears in 2 contracts
Sources: Investment Agreement (Desert Hawk Gold Corp.), Investment Agreement (Desert Hawk Gold Corp.)