Repayment of Loan Amount. 4.1 On the Maturity Date and thereafter until full repayment of the Loan, the Lender shall have the right to demand for repayment of all or part of the aggregate Loan Amount and Interest accrued at any time and the Borrower shall on receipt of a notice of demand by the Lender, immediately repay the Lender such amount of the Loan Amount due and owing to such Lender within fourteen (14) Business Days of the date of the notice of demand. In the event that the Borrower fails to pay the Loan Amount within fourteen (14) days of the notice of demand, the Lender shall have full discretion and rights to seek take legal and equitable action against the Borrower for the full or partial repayment of the Loan Amount and the Lender may rescind this Agreement by giving written notice to the Borrower whereupon this Agreement shall absolutely cease and determine in accordance with the terms and conditions of this Agreement governing such determination.
Repayment of Loan Amount. 1.4.1 In the event the merger of Israel Technology Acquisition Corp., a Delaware corporation (“ITAC”) and ITAC Acquisition Subsidiary Corp. (“ITAC Subsidiary”), a wholly-owned subsidiary of ITAC with and into the Borrower (the “ITAC/IXI Merger”) becomes effective and subject to and conditioned upon the ITAC/IXI Merger becoming effective, 50% of the Loan Amount together with any Interest accrued and unpaid thereon shall be due and payable on the first anniversary of the closing date of the ITAC/IXI Merger and 50% of the Loan Amount together with any Interest accrued and unpaid thereon shall be due and payable on the second anniversary of the closing date of the ITAC/IXI Merger.
Repayment of Loan Amount. All payment obligations to the Lenders under the Letter Agreements shall be due and payable on the earlier to occur of: (i) the acceleration of the Loans in accordance with the terms of this Agreement, including Section 1.2 above; and (ii) June 5, 2010 (subsections (i) and (ii) to be referred to herein as the “Maturity Date”)
Repayment of Loan Amount. You must repay the Loan Amount to us by making automatic payments (including income redirection or WINZ benefit redirection) to our bank account as described in the Loan Agreement. We do not accept cash repayments.
Repayment of Loan Amount. Agency agrees to repay the Loan Amount pursuant to the terms and conditions of this Agreement and the Promissory Note executed by Agency in substantially the form attached hereto as Exhibit “B.”
Repayment of Loan Amount. QuantRx shall have repaid to NuRx all of the outstanding indebtedness under the senior secured promissory bridge note, dated June 25, 2009.
Repayment of Loan Amount. Unless repaid earlier in accordance with Section 1.03 or Section 1.04, the Loan Amount, together with all accrued and unpaid interest, shall be repaid to the Lender at par on the Termination Date.
Repayment of Loan Amount. The Loan and any accrued by unpaid interest shall be repayable at par by the Borrower on the date in which the first of the following events occurs:
Repayment of Loan Amount. The Loan Amount plus any applicable interest shall be repaid to StartEngine or its affiliates in full at the time of the Company’s next disbursement unless otherwise specified and agreed to by StartEngine. Alternatively, upon providing notice to StartEngine, the Loan Amount may be prepaid by the Company in whole or in part at any time, plus accrued and unpaid interest. Any such prepayment shall be without premium or penalty. All payments under this Agreement shall be made without deduction or withholding for any applicable taxes, or will be grossed up by the Company for such amounts.
Repayment of Loan Amount. 8.1. The Loan Amount shall be repaid and the Interest shall be paid pursuant to the annuity principle during the term specified in the Loan Agreement (the total monthly repayment of the Loan Amount and the Interest shall be equal during the repayment term, except for the first and last payment) in portions whose number corresponds to the length of the term of repayment of the Loan Amount in months. Repayment shall take place on the basis of the terms and conditions set out in the Loan Agreement. The first payment shall become collectible on the date specified in the Loan Agreement. Each following payment shall become collectible on the respective date of the following calendar month. The Lender may alter the due date of the first repayment and/or due date of monthly repayments with the consent of the Borrower. The Interest shall be calculated on the balance of the outstanding Loan Amount as of the date of crediting the Loan Amount to the Client account. The Interest shall be payable on a monthly basis along with a portion of the Loan Amount.
