Repayment of Promissory Note. Maker shall pay to the order of Holder the Loan Amount, with interest accruing at the current Local Agency Investment Fund (LAIF) interest rate of .28 percent per annum, as follows:
Repayment of Promissory Note. 2.1 Holder promises to advance to the Maker, pursuant to Section 2.2 of this Promissory Note, the not-to-exceed Loan Amount of seven hundred and seventy thousand dollars ($770,000) sometime before February 28, 2021, (the “Maturity Date”). Maker shall start to accrue interest on the Loan Amount, or any portion thereof, on March 1, 2021. The interest paid to the Holder will be calculated at 2.25% per annum.
Repayment of Promissory Note. Subject to the terms and conditions of this Agreement, UIH will, at the Closing, repay to VTR all sums owing under the Promissory Note, including any accrued but unpaid interest thereon through the Closing Date.
Repayment of Promissory Note. UIH shall repay the Promissory Note, according to its terms (including any interest accrued but unpaid thereon through the Closing Date) by wire transfer of immediately available funds to an account designated by VTR. VTR shall send written notice to UIH designating such account not later than three Business Days prior to the Closing Date.
Repayment of Promissory Note. On the Effective Date, Purchaser shall pay to PSD an amount equal to the then existing principal balance due under the Note plus a sum equal to all accrued but unpaid interest due as of the date of such principal payment. Such payments will be made in accordance with Section 3 of this Agreement.
Repayment of Promissory Note. Tondera shall be obligated to pay the Company the total amount that Xxxxxxx owes to the Company under his Promissory Note, dated April 2,000 0, as amended on July 17,2002 (the "Note"). During the Consultation Period and following his execution of the release agreement contemplated by Section 3.3, Tondera shall make payments on the Note by making installment paymenxx xx xhe Company in the amount of Nine Thousand One Hundred Sixty Six and 66/100 Dollars ($9,166.66) each immediately upon his receipt of each payment he receives from the Company under Sections 3.2 and 3.3 of this Agreement until the Note has been paid in full. In the event that Tondera has not paid the Note in full after making the payments requxxxx xx this Section 4, Tondera shall be obligated to pay any remaining amount owed under thx Xxxx in accordance with the terms of the Note. A true and correct copy of the Note is incorporated herein and attached hereto as Exhibit A to this Agreement.
Repayment of Promissory Note. At Closing Target shall repay the promissory note of Acquiror dated December 16, 2003, and payable in the principal amount of $20,000, plus interest, to Bxxxx Xxxxxxxxx.
Repayment of Promissory Note. On the Effective Date, the then outstanding balance of principal and accrued interest on Xx. Xxxxxx’x Secured Recourse Promissory Note, dated April 21, 2017, payable to Bubbles Holdings, L.P., in the original principal amount of $3,000,000 (“Promissory Note”), will be repaid in full by Xx. Xxxxxx pursuant to the separate notice dated as of October 13, 2020 (Notice of Investor Put Right Exercise), and upon such repayment, the Promissory Note and the related Unit Purchase Agreement, dated as of April 21, 2017, will be terminated and cancelled, with all liens and security interests fully released thereunder.
Repayment of Promissory Note. From the proceeds of the Closing, the principal of and interest on the $100,000 loan made by Xxxxxxx Xxxxx, Xxxxxxx Xxxxx, Xxxxxx Xxxxxxx and Xxxxxxx Xxxxx to the Company shall be repaid in its entirety; PROVIDED, HOWEVER, that the Company may repay principal and interest on such loan after October 31, 1997 if Warburg shall have been paid all amounts required pursuant to the third sentence of Section 1.7 as of such date.
Repayment of Promissory Note. Prior to the Closing, Charis shall have paid in full all amounts owed to Silversword V, L.P. under the Promissory Note.
