Principal. The principal balance of this Note shall be payable by Maker on the date on which Maker consummates its Business Combination. The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 19 contracts
Samples: Expense Advancement Agreement (Atlantic Coastal Acquisition Corp. II), Expense Advancement Agreement (Atlantic Coastal Acquisition Corp. II), Expense Reimbursement Agreement (CF Acquisition Corp. VII)
Principal. The entire unpaid principal balance of this the Note (less any amounts converted as provided for in Section 15 hereof) shall be payable by Maker on the date on which Maker consummates its Business CombinationCombination (the “Maturity Date”). The All or any portion of the principal balance may be prepaid without penalty at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 6 contracts
Samples: Expense Advancement Agreement (Boxwood Merger Corp.), Expense Advancement Agreement (Boxwood Merger Corp.), Expense Advancement Agreement (Boxwood Merger Corp.)
Principal. The principal balance of this Note shall be payable by the Maker on the date on which Maker consummates its Business CombinationCombination (the “Maturity Date”). The principal balance may be prepaid at any time. Under no circumstances shall any individual, including but not limited to any officer, director, employee or shareholder of the Maker, be obligated personally for any obligations or liabilities of the Maker hereunder.
Appears in 5 contracts
Samples: Working Capital Loan Agreement (Vector Acquisition Corp II), Working Capital Loan Agreement (Vector Acquisition Corp II), Working Capital Loan Agreement (Vector Acquisition Corp II)
