Common use of Components of the Loan Clause in Contracts

Components of the Loan. For the purpose of computing interest payable from time to time on the principal amount of the Loan and certain other computations set forth herein, the principal balance of Note A shall be divided into Component A-1 and Component A-2 and the principal balance of Note B shall be divided into Component X-0, Xxxxxxxxx X-0, Component B-3 and Component B-4. The principal amount of the Components shall be as follows: March 31, 2003 COMPONENT PRINCIPAL AMOUNT --------- ---------------- A-1 $67,500,000 A-2 $67,500,000 B-1 $ 3,000,000 B-2 $ 3,000,000 B-3 $ 3,000,000 B-4 $ 3,000,000 B-5 $ 3,000,000

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

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Components of the Loan. For the purpose purposes of computing interest payable from time to time on the principal amount of the Loan Note A and certain other computations set forth herein, the principal balance of Note A shall be divided into Component A-1 and Component A-2 and the principal balance of Note B shall be divided into Component X-0, Xxxxxxxxx X-0, Component B-3 and Component B-4. Components A through E. The principal amount of the Components shall be as follows: March 31, 2003 COMPONENT PRINCIPAL AMOUNT --------- ---------------- A-1 $67,500,000 A-2 $67,500,000 B-1 A $ 3,000,000 B-2 95,423,000 B $ 3,000,000 B-3 39,211,000 C $ 3,000,000 B-4 29,147,000 D $ 3,000,000 B-5 38,517,000 E $ 3,000,00055,202,000”

Appears in 1 contract

Samples: Loan Agreement and Other Loan (Morgans Hotel Group Co.)

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Components of the Loan. For the purpose purposes of computing interest payable from time to time on the principal amount of the Loan Note A and certain other computations set forth herein, the principal balance of Note A shall be divided into Component A-1 and Component A-2 and the principal balance of Note B shall be divided into Component X-0, Xxxxxxxxx X-0, Component B-3 and Component B-4. Components A through F. The principal amount of the Components shall be as follows: March 31, 2003 COMPONENT PRINCIPAL AMOUNT --------- ---------------- A-1 $67,500,000 A-2 $67,500,000 B-1 A $ 3,000,000 B-2 257,499,995 B $ 3,000,000 B-3 1 C $ 3,000,000 B-4 1 D $ 3,000,000 B-5 1 E $ 3,000,0001 F $ 1”

Appears in 1 contract

Samples: Loan Agreement and Other Loan Documents (Morgans Hotel Group Co.)

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