Common use of Loan and Terms of Payment Clause in Contracts

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

Appears in 6 contracts

Samples: Loan and Security Agreement (Trevi Therapeutics, Inc.), Loan and Security Agreement, Loan and Security Agreement (XOMA Corp)

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Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions and accrued and interest on the unpaid interest thereon principal amount of the Credit Extensions as and when due in accordance with this Agreement.

Appears in 5 contracts

Samples: Loan and Security Agreement (Cyberkinetics Neurotechnology Systems, Inc.), Loan and Security Agreement (Ibasis Inc), Loan and Security Agreement (Sonus Networks Inc)

Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions Advances hereunder with all interest, fees and accrued and unpaid interest finance charges due thereon as and when due in accordance with this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (GlobalOptions Group, Inc.), Loan and Security Agreement (Peerless Systems Corp), Loan and Security Agreement (I/Omagic Corp)

Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions and accrued and interest on the unpaid interest thereon as and when due in accordance with this Agreementprincipal amount of the Credit Extensions.

Appears in 3 contracts

Samples: Loan and Security Agreement (Health Grades Inc), Loan and Security Agreement (Concurrent Computer Corp/De), Loan and Security Agreement (Loudeye Corp)

Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Strasbaugh), Loan and Security Agreement (Strasbaugh), Loan and Security Agreement (Spire Corp)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower Borrowers hereby unconditionally promises promise to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Ev3 Inc.), Loan and Security Agreement (Internet Brands, Inc.)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower Borrowers hereby jointly and severally unconditionally promises promise to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Qualmark Corp), Export Import Bank Loan and Security Agreement (Qualmark Corp)

Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions Advances and accrued and interest on the unpaid interest thereon principal amount of the Advances as and when due in accordance with this Exim Agreement.

Appears in 2 contracts

Samples: Export Import Bank Loan and Security Agreement (Aspen Technology Inc /De/), Loan and Security Agreement (Applix Inc /Ma/)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreementthe terms of the applicable Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises Borrowers, jointly and severally, promise to pay Bank the outstanding unpaid principal amount of all Credit Extensions and accrued and interest on the unpaid interest thereon principal amount of the Credit Extensions as and when due set forth in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Ramtron International Corp)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions Extensions, and all accrued and unpaid interest thereon thereon, as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement

Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions Extensions, and all accrued and but unpaid interest thereon thereon, as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Endocare Inc)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions hereunder with all interest, fees and accrued and unpaid interest finance charges due thereon as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement

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Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions Advances hereunder with all interest, fees and accrued and unpaid interest finance charges due thereon as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement

Loan and Terms of Payment. 2.1 Promise to PayPROMISE TO PAY. Borrower hereby unconditionally promises Borrowers jointly and severally promise to pay Bank the outstanding unpaid principal amount of all Credit Extensions and accrued and interest on the unpaid interest thereon as and when due in accordance with this Agreementprincipal amount of the Credit Extensions.

Appears in 1 contract

Samples: Loan and Security Agreement (Animas Corp)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally unconditionally, individually and collectively, jointly and severally, promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Lyris, Inc.)

Loan and Terms of Payment. 2.1 2.1. Promise to Pay. Borrower Borrowers hereby jointly and severally unconditionally promises promise to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (MEDecision, Inc.)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this Agreement, and on the terms and conditions set forth below.

Appears in 1 contract

Samples: Loan and Security Agreement

Loan and Terms of Payment. 2.1 Promise to Pay. PROMISE TO PAY Borrower hereby unconditionally promises to pay Bank the outstanding unpaid principal amount of all Credit Extensions hereunder with all interest, fees, and accrued and unpaid interest finance charges due thereon as and when due in accordance with this Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Digital Impact Inc /De/)

Loan and Terms of Payment. 2.1 Promise to Pay. Borrower hereby unconditionally unconditionally, jointly and severally, promises to pay Bank the outstanding principal amount of all Credit Extensions and accrued and unpaid interest thereon as and when due in accordance with this EXIM Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Spire Corp)

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