Payment Amounts. Borrower shall make payments of the outstanding Loan Amount and accrued and unpaid interest as follows: · Monthly interest-only payments; provided the Borrower may, at its option, pay such interest payment by adding such interest to the outstanding Loan Amount on such interest payment date. · On the Maturity Date, the entire outstanding Loan Amount and all accrued and unpaid interest shall be due and payable, as calculated by the Borrower.
Appears in 3 contracts
Samples: iCoreConnect Inc., iCoreConnect Inc., iCoreConnect Inc.
Payment Amounts. Borrower shall make payments of the outstanding Loan Amount and accrued and unpaid interest as follows: · Monthly interest-only payments; provided the Borrower may, at its option, pay such interest payment by adding such interest to the outstanding Loan Amount on such interest payment date. · On the Maturity Date, the entire outstanding Loan Amount and all accrued and unpaid interest shall be due and payable, as calculated by the BorrowerAdministrative Agent.
Appears in 1 contract
Payment Amounts. Borrower shall make payments of the outstanding Loan Amount and accrued and unpaid interest as follows: · Monthly interest-only payments; provided the Borrower may, at its option, pay such interest payment by adding such interest to the outstanding Loan Amount on such interest payment date. · On the Maturity Date, the entire outstanding Loan Amount and all accrued and unpaid interest shall be due and payable, as calculated by the Borrower.
Appears in 1 contract
Samples: iCoreConnect Inc.