Debt Terms. Debt Units holders shall be entitled to a Debt Payment of between five to eight (5%-8%) percent depending on the Class of the Debt Units, paid monthly (“Debt Payment”) paid on or before the thirtieth (30th) day of the month following every calendar quarter, commencing on the day following receipt of the Capital Contribution by the Company.
Appears in 4 contracts
Samples: Operating Agreement (ILS Fixed Horizon LLC), Operating Agreement (ILS Fixed Horizon LLC), Operating Agreement (ILS Fixed Horizon LLC)
