AND TERMS OF PAYMENT. 2.1 PROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the unpaid principal amount of all Credit Extensions and interest on the unpaid principal amount of the Credit Extensions as and when due in accordance with this Agreement.
AND TERMS OF PAYMENT. 1 2.1 Promise to Pay......................................................... 1 2.1.1 Term Loan..................................................... 1 2.1.2 Guidance Line Facility........................................ 2 2.2 Fees................................................................... 2
AND TERMS OF PAYMENT. 5.1 Principles for determining fees The principles for determining the fees based on this Agreement are defined in Appendix 1.
AND TERMS OF PAYMENT. 2.1 ADVANCES. Bank Agrees to make Equipment Advances not to exceed $750,000.00 (Seven Hundred Fifty Thousand and XX/100 Dollars) for the term of this Agreement and Borrower agrees to pay Bank the unpaid principal amount of all Equipment Advances and interest on the unpaid principal amount of the Equipment Advances, in accordance with the terms of this Agreement.
AND TERMS OF PAYMENT. 1 2.1 Credit Extensions........................................................... 1 2.2 Interest Rate, Payments..................................................... 2 2.3 Fees........................................................................ 4
AND TERMS OF PAYMENT. 2572901v4 233773760 v5
AND TERMS OF PAYMENT. 2.1 Promise to Pay.
AND TERMS OF PAYMENT. Advances. Subject to and upon the terms and conditions of this Agreement, Bank agrees to make Advances to Borrower in an aggregate amount not to exceed the lesser of (i) the Committed Line minus the face amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit) minus the Foreign Exchange Reserve or (ii) the Borrowing Base minus the face amount of all outstanding Letters of Credit (including drawn but unreimbursed Letters of Credit minus the Foreign Exchange Reserve. For purposes of this Agreement, "
AND TERMS OF PAYMENT. Licensee shall pay to SJAM a "License Fee" as set forth in the attached Exhibit "A", on or before the first day of the month in which the Rental is to occur. In addition to the License Fee, Licensee shall pay to SJAM no later than forty five (45) days prior to the rental date or on date of execution of this Agreement, whichever occurs first, a Deposit in amount shown on Exhibit A as security for purposes of (i) securing the full and faithful performance of each and every provision of this Agreement by the Licensee, or (ii) providing SJAM with funds to pay the expenses it has incurred under this Agreement if Licensee fails to use the premises for ice hockey competition or practices, as its schedule indicates, for any reason other than an act of force majeure as provided in Section 4(a) herein below. If the Licensee materially defaults with respect to any provision of this Agreement, including without limitation the obligation to surrender the Rental Areas in the same condition as at the beginning of the Term and in good order, ordinary wear and tear excepted or after executing and delivering this Agreement fails to use the premises for ice hockey competition or practices, as its schedules indicates for any reason other than an act of force majeure as provided in Section 4(a) herein below then in any of these instances, SJAM may (but shall not be required to) use, apply or retain all or any part of the Deposit for the payment of any amount which SJAM may spend or become obligated to spend by reason of the Licensee's default or to compensate SJAM for any other loss or damage which SJAM may suffer by reason of the Licensee's default including without limitation the Costs. If the Licensee shall fully and faithfully perform every material provision of this Agreement to be performed by it, the Deposit, or any balance thereof remaining, shall be applied against the Rental and all other obligations of the Licensee hereunder. Payments not received when due shall be subject to a ten percent (10%) per annum late fee and may subject this License Agreement to termination at the discretion of SJAM upon two (2) days prior written notice to Licensee. If condition of Sharks Ice or Ice precludes use of ice by Licensee, Licensee shall not be billed for the affected amount of time and there shall be no replacement time/ice provided.
AND TERMS OF PAYMENT. 5.1 Principles for determining fees The principles for determining the fees based on this agreement are defined in Ap- pendix 1.
