Principal Repayment. In addition to the monthly payment of interest, the principal amount of each Equipment Advances made under the 2004 Equipment Line No. 2 is payable in thirty-six (36) consecutive equal monthly installments of principal beginning on the first day of the month following such Equipment Advance and shall continue on the first day of each month thereafter.
Appears in 2 contracts
Samples: Loan Modification Agreement (Constant Contact, Inc.), Loan Modification Agreement (Constant Contact, Inc.)
Principal Repayment. In addition to the monthly payment of interest, the principal amount of each Equipment Advances Advance made under the 2004 2005 Equipment Line No. 2 is payable in thirty-six (36) consecutive equal monthly installments of principal beginning on the first day Business Day of the month following such Equipment Advance and shall continue on the first day Business Day of each month thereafter.
Appears in 2 contracts
Samples: Loan Modification Agreement (Constant Contact, Inc.), Loan Modification Agreement (Constant Contact, Inc.)
Principal Repayment. In addition to the monthly payment of interest, the principal amount of each Equipment Advances Advance made under the 2004 2005 Equipment Line No. 2 is payable in thirty-six (36) consecutive equal monthly installments of principal beginning on the first day Business Day of the month following such Equipment Advance and shall continue on the first day Business Day of each month thereafter.
Appears in 2 contracts
Samples: Loan Modification Agreement (Constant Contact, Inc.), Loan Modification Agreement (Constant Contact, Inc.)
