Single Principal Payment Sample Clauses

Single Principal Payment. Principal shall be paid in full in a single payment on June 30, 2000. Interest thereon shall be paid monthly, commencing on February 1, 1999, and continuing on the same day of each successive month thereafter, with a final payment of all unpaid interest at the stated maturity of this Note.
Sample 1Sample 2See All (12)
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Single Principal Payment. Principal shall be paid in full in a single payment on APRIL 30, 1998. Interest thereon shall be paid [ ] at maturity, or else [X] monthly, [ ] quarterly or [ ] , commencing on NOVEMBER 30, 1996, and continuing on the [ ] same day, [X] last day of each successive month, quarter or other period (as applicable) thereafter, with a final payment of all unpaid interest at the stated maturing of this Note. [ ] OTHER. --------------------------------------------------------------------- ------------------------------------------------------------------------------- -------------------------------------------------------------------------------
Sample 1
Single Principal Payment. Principal shall be paid in full in a single payment on ____________________, 19_______. Interest thereon shall be paid [_] at maturity, or else [_] monthly, [_] quarterly or [_] __________________, commencing on ___________, 19__, and continuing on the [_] same day, [_] last day of each successive month, quarter or other period (as applicable) thereafter, with a final payment of all unpaid interest at the stated maturity of this Note. Bank of America, N.A. d/b/a NationsBank, N.A. Florida [Commercial] Bank of America, N.A. d/b/a NationsBank, N.A. [ ] OTHER. _____________________________________________________
Sample 1
Single Principal Payment. Principal shall be paid in full in a single payment on July l5,1998. Interest thereon shall be paid [_] at maturity, or ------------- else [X] monthly, [_] quarterly or [_] _______________________________________. NationsBank Promissory Note Texas [Commercial] 2/96 commencing on March 15, 1997 and continuing on the [X] same day, [_] last day -------------- of each successive month, quarter or other period (as applicable thereafter, with a final payment of all unXXXX interest at the stated maturity of this Note. [X] OTHER. In addition, availability under this Note will decline by $36,500,00 -------------------------------------------------------------------- monthly beginning March 15, 1997 and on the 15th day of each month thereafter ----------------------------------------------------------------------------- until maturity of July 15, 1998. Such reductions in availability on this Note ----------------------------------------------------------------------------- may result in mandatory prepayments as provided in that certain Loan Agreement ------------------------------------------------------------------------------ dated February 25, 1997 between Borrower and Bank. --------------------------------------------------
Sample 1
Single Principal Payment. Principal shall be paid in full in a single payment on __________________, 19__. Interest thereon shall be paid [ ] at maturity, or else [ ] monthly, [ ] quarterly or [ ] ___________, commencing on __________, 19__, and continuing on the [ ] same day, [ ] last day of each successive month, quarter or other period (as applicable) thereafter, with a final payment of all unpaid interest at the stated maturity of this Note. 436408.04 Promissory Note Bank of America, N.A. 8/01 Florida [Commercial] 3 [ ] Other.
Sample 1

Related to Single Principal Payment

  • Optional Principal Payments 11 2.8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Minimum Monthly Principal Payments Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount”) shall begin on December 1, 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an “Amortization Date”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $187,500, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (collectively, the “Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

  • Principal Payment Date Any unpaid principal of this promissory note (this "Demand Note") shall be paid on the Demand Date.

  • Principal Payments Originator is authorized and directed by SPV to enter on the grid attached hereto, or, at its option, in its books and records, the date and amount of each loan made by it which is evidenced by this Subordinated Note and the amount of each payment of principal made by SPV, and absent manifest error, such entries shall constitute prima facie evidence of the accuracy of the information so entered; provided that neither the failure of Originator to make any such entry or any error therein shall expand, limit or affect the obligations of SPV hereunder.

  • Mandatory Principal Payments If, on any day, the Total Outstandings exceed the Maximum Loan Amount, then the Borrower shall make a principal payment to Administrative Agent in the amount of such excess, in immediately available funds within ten (10) Business Days of demand from the Administrative Agent (a “Mandatory Principal Payment”); with such payment being applied to the principal balances due hereunder is such fashion as the Borrower may designate; provided, however, that if during such ten (10) Business Day period, the Borrower delivers to the Administrative Agent Funding Evidence, such ten (10) Business Day period shall be extended for such additional time as the Administrative Agent determines, in its reasonable discretion, to be required by the Borrower to make the Mandatory Principal Payment but in no event shall such period exceed a maximum of sixty (60) days from the date that the Mandatory Principal Payment would otherwise be due hereunder.

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

  • Principal Payment Dates Subject to the Subordination Provisions set forth below, payments of the principal amount of this Company Note shall be made as follows:

  • Scheduled Principal Payments The Borrower shall make payments of principal to Holder as follows: (i) on the first anniversary of this Note, the sum of $279,500, which represents 10% of original principal amount of this Note, (ii) on the second anniversary of this Note, the sum of $1,118,000, which represents 40% of original principal amount of this Note, and (iii) on May 18, 2010 (the “Maturity Date”), a final payment of the sum of the outstanding principal balance of this Note, including the amount of any PIK Interest, together with accrued and unpaid interest thereon, and all other obligations and indebtedness owing hereunder, if not sooner paid.

  • Payment of Principal, Premium and Interest The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

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