Common use of PAYMENT OF THE PRINCIPAL AMOUNT Clause in Contracts

PAYMENT OF THE PRINCIPAL AMOUNT. The Holder hereby irrevocably and unconditionally agrees to pay the Purchase Amount of this LRO, as set forth above, in U.S. dollars in immediately available funds, by intra-institution book entry transfer to the Company from the Holder’s designated sub-account in the Groundfloor Investor FBO Account.

Appears in 3 contracts

Samples: Form of Lro Agreement (Groundfloor Real Estate 1, LLC), Form of Lro Agreement (Groundfloor Real Estate 3, LLC), Form of Lro Agreement (Groundfloor Real Estate 1, LLC)

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PAYMENT OF THE PRINCIPAL AMOUNT. The Holder hereby irrevocably and unconditionally agrees to pay the Purchase Amount of this LRO, as set forth above, in U.S. dollars in immediately available funds, by intra-institution book entry transfer to the Company from the Holder’s holder's designated sub-account in the Groundfloor Investor FBO Account.

Appears in 2 contracts

Samples: Lro Agreement (Bluechipcar, Inc), Lro Agreement (Bluechipcar, Inc)

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