Common use of Installments of Principal Clause in Contracts

Installments of Principal. The principal of this Note shall become due in installments as follows: Principal Amount Due Date $[PRIOR TO ISSUANCE, INSERT 50% OF PRINCIPAL AMOUNTOF NOTE] Installment Maturity Date $[PRIOR TO ISSUANCE, INSERT 50% OF PRINCIPAL AMOUNTOF NOTE] Final Maturity Date The amounts of such installments that are payable on each such date are subject to reduction as provided in Sections 5 and 6.

Installments of Principal. The principal of this Note shall become due in installments as follows: Principal Amount Due Date $[PRIOR TO ISSUANCE, INSERT 50% OF PRINCIPAL AMOUNTOF NOTE] 250,000.00 Installment Maturity Date $[PRIOR TO ISSUANCE, INSERT 50% OF PRINCIPAL AMOUNTOF NOTE] 250,000.00 Final Maturity Date The amounts of such installments that are payable on each such date are subject to reduction as provided in Sections 5 and 6.