Repayment of Principal Sample Clauses

Repayment of Principal. Unless sooner due in accordance with he terms of this Agreement, on August 1, 1995 the Borrower hereby promises and agrees to pay to the Bank in full the aggregate unpaid principal balance of all Advances then outstanding, together with all accrued and unpaid interest thereon. Any payment received by the Bank shall, at the Bank's option, first be applied to pay any late fees or other fees then due and unpaid, and then to interest then due and unpaid and the remainder thereof (if any) shall be applied to reduce principal.
Search the Best Contracts

Draft contracts faster by searching through millions of contracts from the best law firms across all industries.

30+ Reviews on G2 Crowd
nixon-peabody.svg
casio.svg
baker-mckenzie.svg
p-morgan.svg
stanford-university.svg
klgates-logo.svg
harvard-university.svg
dentons.svg
Repayment of Principal. Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within 14 Business Days of the Offering Funding Date (the “Maturity Date”). This Note does not bear any interest. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such fund shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.
Repayment of Principal. All remaining principal, interest and expenses outstanding under the Swingline Loans shall become due in full on the Termination Date or the earlier acceleration of the Revolving Credit Loan in accordance with the terms of this Agreement. A Borrower may at any time prepay the interest or principal on any outstanding Swingline Loans in whole or in part without premium or penalty.
Repayment of Principal. All outstanding principal and accrued interest with respect to a Loan, and any other fees and charges hereunder, shall be payable on the Maturity Date, or such earlier date on which a Loan becomes due and payable pursuant to Sections 2.3(b) and 7.
Repayment of Principal. The Borrower shall pay the principal amount of each Individual Loan B on the Repayment Date in accordance with the provisions of Clause 18.
Repayment of Principal. The entire unpaid principal amount of this Note shall be due and payable in full on January 2, 2006 or earlier upon acceleration as hereinafter provided (the "Maturity Date"). Notwithstanding the foregoing, Maker shall prepay the Loan upon receipt, and to the extent of, any net proceeds received upon the sale, refinancing or other disposition of, or any distribution made with respect to, the Collateral (as defined in the Third Amended and Restated Security Agreement) in accordance with Section 6 hereof.
Repayment of Principal. 1) Party A shall make payments of principal according to the following schedule:
Repayment of Principal. 1) Unless Party A and Party B have reach a written agreement separately and give a written notice to Party C, repayment by Party A under this Agreement shall be in accordance with the principle of “interest first, principal follows and interest shall be paid off with principal simultaneously”.
Repayment of Principal. Principal of the Loan will be due and payable as follows:
Repayment of Principal. Subject to paragraph 15 of this Bond, the principal amount of each Advance shall be payable on the Maturity Date for the respective Advance.