Payments and Application of Payments otherwise than as referred to in Clause 9.1.2 (Disbursement Account) and save for
Payments and Application of Payments ensure that all operational revenues received by it in connection with Project Blue Mill are paid to the Proceeds Account and applied in accordance with clause 9.4.3 (Application of Moneys on Proceeds Account) of the Pulp Mill Facility Agreement.
Payments and Application of Payments. Beginning on April 30, 2017, and on the last day of each month thereafter until December 31, 2020 (the “Maturity Date”), accrued interest will be due and payable monthly. On the Maturity Date, the entire outstanding principal balance hereunder and all accrued and unpaid interest will be due and payable.
Payments and Application of Payments. Beginning on April 30, 2017, and on the last day of each month thereafter until December 31, 2022 (the “Maturity Date”), accrued interest will be due and payable monthly. On the Maturity Date, the entire outstanding principal balance hereunder and all accrued and unpaid interest will be due and payable. If Borrower shall sell the real property located at 0000 Xxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx, prior to the Maturity Date, the entire outstanding principal balance hereunder and all accrued and unpaid interest will be due and payable as of the date of such sale.
Payments and Application of Payments. Accrued interest will be due and payable monthly, commencing on February 1, 1998 and continuing on the first day of each month thereafter until June 30, 1999, on which date (if this Note is not sooner due and payable pursuant to Section 2.2, below) the entire outstanding principal balance hereunder and all accrued and unpaid interest will be due and payable in full. At any time after 12 months from the date hereof, the entire outstanding principal balance and all accrued but unpaid interest under this Note will be due and payable in full 60 days after written demand from Lender. Payments received will be applied in the following order: (i) to repayment of any amounts owed to Lender for charges, fees and expenses (including Attorneys Fees), (ii) to accrued interest, and (iii) to principal. Prepayments in full or in part may be made under this Note at any time without premium or penalty; provided that each such payment will be applied in the order set forth in Section 2.3, above, and to the extent applied to principal, will be applied to the net balance of principal due at maturity.
Payments and Application of Payments. Except as otherwise specifically provided for in the Purchase Agreement, the principal of and interest on this Note shall be payable in immediately available funds in lawful money of the United States of America. All payments on this Note shall be applied, first, to the payment of accrued interest, and then, the balance to principal.
Payments and Application of Payments. 3.1 On January 1, 2008 and on the first day of each month thereafter continuing to and including December 1, 2011, the Borrower shall pay equal, monthly installments of the principal balance outstanding as of December 31, 2005, together with all accrued and unpaid interest on the principal balance outstanding as of such date.
Payments and Application of Payments. This Note will be payable to Lender as follows: Accrued interest will be due and payable monthly, commencing on October 23, 1999, and on the 23rd day of each month thereafter until September 23, 2002, on which date the entire outstanding principal balance hereunder and all accrued and unpaid interest will be due and payable. Payments received will be applied in the following order: (i) to repayment of any amounts owed to Lender for charges, fees and expenses (including (Attorneys' Fees), (ii) to accrued interest, and (iii) to principal. Additional payments may be made under this Note at any time without premium or penalty but each such payment will be applied in the foregoing order and, to the extent applied to principal, will be applied to installments of principal payable hereunder in the inverse order of maturity.
Payments and Application of Payments. On the date of the sale of the real property located at 0000 Xxxxx Xxxx, Xxxxxxxxxx, Xxxxxxxx, Borrower shall make a principal payment in the amount of $500,000. Beginning on April 30, 2017, and on the last day of each month thereafter until December 31, 2020 (the “Maturity Date”), accrued interest will be due and payable monthly. On the Maturity Date, the entire outstanding principal balance hereunder and all accrued and unpaid interest will be due and payable.
Payments and Application of Payments
