Common use of Repayment of Interest and Principal Clause in Contracts

Repayment of Interest and Principal. Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within fourteen (14) Business Days of the Offering Funding Date (the “Maturity Date”), together with all accrued interest thereon. This Note shall accrue interest at an annual rate equal to the Applicable Rate from the date of this Note until the entirety of the Principal Amount and Interest is paid in full. Interest shall only accrue for a period of up to three (3) months from the date of this Note. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such fund shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.

Repayment of Interest and Principal. Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within fourteen (14) 14 Business Days of the Offering Funding Date (the “Maturity Date”), together with all accrued interest thereon. This Note shall accrue interest at an annual rate equal to the Applicable Rate from the date of this Note until the entirety of the Principal Amount and Interest is paid in full. Interest shall only accrue for a period of up to three (3) four months from the date of this Note. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such fund shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.

Repayment of Interest and Principal. Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within fourteen (14) 14 Business Days of the Offering Funding Date (the “Maturity Date”), together with all accrued interest thereon. This Note shall accrue interest at an annual rate equal to the Applicable Rate from the date of this Note until the entirety of the Principal Amount and Interest is paid in full. Interest shall only accrue for a period of up to three (3) four months from the date of this NoteNovember 22, 2019. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such fund shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.

Repayment of Interest and Principal. Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within fourteen (14) 14 Business Days of the Offering Funding Date (the “Maturity Date”), together with all accrued interest thereon. This Note shall accrue interest at an annual rate equal to the Applicable Rate from the date of this Note until the entirety of the Principal Amount and Interest is paid in full. Interest shall only accrue for a period of up to three (3) four months from the date of this NoteNovember 25, 2019. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such fund shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.