Common use of Required Payments Clause in Contracts

Required Payments. From and after the effective date of this Agreement, principal and interest under the $20,000,000.00 Note shall be due and payable as follows: Interest only on amounts outstanding hereunder shall be due and payable monthly as it accrues, on the last day of each and every calendar month, beginning November 30, 2005, and continuing regularly and monthly thereafter until October 31, 2007, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.

Required Payments. From and after the effective date of this ------------------ Agreement, principal and interest under the $20,000,000.00 Note shall be due and payable as follows: Interest only on amounts outstanding hereunder shall be due and payable monthly as it accrues, accrues on the last 1st day of each and every calendar month, beginning November 30March 1, 2005, and continuing regularly and monthly thereafter until October 31August 1, 20072005, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.

Required Payments. From and after the effective date of this Agreement, principal and interest under the $20,000,000.00 3,000,000.00 Note shall be due and payable as follows: Interest only on amounts outstanding hereunder shall be due and payable monthly as it accrues, on the last day of each and every calendar month, beginning November June 30, 2005, and continuing regularly and monthly thereafter until October December 31, 20072005, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.

Required Payments. From and after the effective date of this Agreement, principal and interest under the $20,000,000.00 3,000,000.00 Note shall be due and payable as follows: Interest only on amounts outstanding hereunder shall be due and payable monthly as it accrues, on the last day of each and every calendar month, beginning November 30January 31, 20052006, and continuing regularly and monthly thereafter until October 31January 15, 2007, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.

Required Payments. From and after the effective date of this Agreement, principal and interest under the $20,000,000.00 Note shall be due and payable as follows: Interest only on amounts outstanding hereunder shall be due and payable monthly as it accrues, on the last day of each and every calendar month, beginning November April 30, 2005, and continuing regularly and monthly thereafter until October May 31, 20072005, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.

Required Payments. From and after the effective date of this Agreement, principal and interest under the $20,000,000.00 Note shall be due and payable as follows: Interest only on amounts outstanding hereunder shall be due and payable monthly quarterly as it accrues, accrues on the last 1st day of each and every calendar monthquarter, beginning November 30June 1, 2005, 2005 and continuing regularly and monthly quarterly thereafter until October 31May 1, 20072006, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.

Required Payments. From and after the effective date of this ------------------ Agreement, principal and interest under the $20,000,000.00 Note shall be due and payable as follows: Interest only only, computed on amounts outstanding hereunder the unpaid principal balance hereof, shall be due and payable monthly as it accrues, on the last 21st day of each and every calendar month, month beginning November 30February 21, 2005, and continuing regularly and monthly thereafter until October 31September 20, 20072005, when the entire amount hereof, principal and interest then remaining unpaid, shall be then due and payable; interest being calculated on the unpaid principal each day principal is outstanding and all payments made credited to any collection costs and late charges, to the discharge of the interest accrued and to the reduction of the principal, in such order as Lender shall determine.