HOW AND WHAT WILL YOU PAY US Sample Clauses

HOW AND WHAT WILL YOU PAY US. Payments. The first payment date for each Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first Business Day of that month, in which case the first payment date shall be the Advance Date. Each Promissory Note shall be due in monthly installments consisting of either (a) that number of months of interest only as indicated in the Table of Terms followed by the remaining payments of monthly installments, as indicated in the Table of Terms, of principal and interest, or (b) if no interest only payments that number of months as indicated in the Table of Terms of monthly installment of principal and interest. All payments are payable on the first day of each month through the last payment date (unless that date falls on a weekend or national or California holiday in which event such payment shall be due on the previous business day). The outstanding balance of each Promissory Note shall be due and payable in full in immediately available funds on the Maturity Date (as defined in the applicable Promissory Note), if not sooner paid in full.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
HOW AND WHAT WILL YOU PAY US. Payments. The first payment date for each Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first day of that month, in which case the first payment date shall be the Advance Date. Subject to adjustment as provided in this Agreement, each Promissory Note shall be due in forty-eight (48) monthly installments consisting of twenty-four (24) months of interest only installments followed by twenty-four (24) equal monthly installments of principal plus interest due thereon, payable on the first day of each month through the last payment date (unless that date falls on a weekend or national holiday in which event such payment shall be due on the previous Business Day).
Sample 1Sample 2See All (5)
HOW AND WHAT WILL YOU PAY US. Section 9 is hereby amended by adding the following at the end of Section 9: Part 1 Extension Fee. $25,000 shall be due on the Second Amendment Closing Date (the “Part 1 Extension Fee”). Part 2, Part 3, Part 4 Prepayment Fee. For Advances made under the Part 2, Part 3 or Part 4 Commitment Amounts, a prepayment premium (“Prepayment Fee”) shall be payable as follows:
Sample 1Sample 2Sample 3See All (4)
HOW AND WHAT WILL YOU PAY US. The principal balance of each Promissory Note will accrue interest at the fixed rate per annum as indicated on Page 1 of this Agreement from the date the Advance is funded to You, determined on the basis of the Prime Rate in effect on the day before the Advance is funded (as published in the Wall Street Journal), and based upon a year consisting of twelve (12) months of thirty (30) days each. Each Promissory Note shall be due in thirty six monthly installments of which all monthly installments up to and including June 30, 2008, shall be interest only followed by the remaining monthly installments of principal and interest, payable on the last day of each month through the last payment date (unless that date falls on a weekend or national holiday in which event such payment shall be due on the previous business day). The first payment date for each Advance will be the last day of the month in which the Advance was funded. Any amounts that You repay on this loan may not be re-borrowed. Payments are due electronically by automatic debit through Automated Clearing House (ACH) payment on or before the last day of each month. You agree to fill out an electronic funds transfer/automatic debit Authorization form. If We do not receive any payments from You within two (2) business days after they are due, the “grace period”, You will pay a late charge on the overdue amount. The late charge will be equal to three percent (3%) of the amount due for each month not paid when due and until such time as payment is received.
Sample 1Sample 2Sample 3
HOW AND WHAT WILL YOU PAY US. Payments. The first payment date for each Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first day of that month, in which case the first payment date shall be the Advance Date. Each Advance shall be due in monthly installments consisting of either (a) that number of months of interest only as indicated in the Table of Terms followed by the remaining monthly installment payments, as indicated in the Table of Terms, of principal and interest, (b) if no interest only payments are indicated in the Table of Terms for such Advance, that number of months as indicated in the Table of Terms for such Advance of monthly installment payments of principal and interest, or (c) that number of months of interest only as indicated in the Table of Terms for such Advance followed by the outstanding principal amount of such Advance due on the last day of the last month of the Loan Term for such Advance. All payments are payable on the first day of each month through the last payment date (unless that date falls on a day that is not a Business Day in which event such payment shall be due on the previous Business Day). The outstanding balance of each Advance shall be due and payable in full in immediately available funds on the Maturity Date (as defined in the applicable Promissory Note for such Advance), if not sooner paid in full.
Sample 1Sample 2
HOW AND WHAT WILL YOU PAY US. Section 9 is hereby amended amending by deleting in its entirety and replacing it with the following: Revolving Loan
Sample 1
HOW AND WHAT WILL YOU PAY US. Payments. The first payment date for each Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first business day of that month, in which case the first payment date shall be the Advance Date. Each Promissory Note shall be due in thirty-six (36) equal monthly installments of principal and interest, payable on the first day of each month through the last payment date (unless that date falls on a weekend or national holiday in which event such payment shall be due on the previous business day).
Sample 1
AutoNDA by SimpleDocs
HOW AND WHAT WILL YOU PAY US. Payments. The first payment date for each Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first business day of that month, in which case the first payment date shall be the Advance Date. • Each Option A Promissory Note shall be due in thirty-six (36) monthly installments consisting of three (3) months of interest only followed by thirty-three (33) equal monthly installments of principal and interest, payable on the first day of each month through the last payment date (unless that date falls on a weekend or national holiday in which event such payment shall be due on the previous business day). • Each Option B Promissory Note shall be due in twelve (12) monthly installments consisting of eleven (11) months of interest only followed by one (1) installment of principal and interest, payable on the first day of each month through the last payment date (unless in the case of any installment that date falls on a weekend or national holiday in which event such payment shall be due on the previous Business Day).
Sample 1
HOW AND WHAT WILL YOU PAY US. Payments. The first payment date for each Advance will be the first day of the month following the month in which the Advance was funded, unless that Advance is funded on the first day of that month, in which case the first payment date shall be the Advance Date. Subject to adjustment as provided in this Agreement, (A) each Promissory Note as to Part 1 Advances shall be due in forty-eight (48) monthly installments consisting of twenty-four (24) months of interest only installments followed by twenty-four (24) equal monthly installments of principal plus interest due thereon, payable on the first day of each month through the last payment date (unless that date falls on a weekend or national holiday in which event such payment shall be due on the previous Business Day), and (B) each Promissory Note as to Part 2 and Part 2 Advances and Part 3 and Part 3 Advances shall be due in forty-eight (48) monthly installments consisting of interest only installments through and including the July 1, 2012 installment followed by the remaining term of equal monthly installments of principal plus interest due thereon, payable on the first day of each month through the last payment date (unless that date falls on a weekend or national holiday in which event such payment shall be due on the previous Business Day).
Sample 1

Related to HOW AND WHAT WILL YOU PAY US

  • At-Will Employment Executive and the Company agree that Executive’s employment with the Company constitutes “at-will” employment. Executive and the Company acknowledge that this employment relationship may be terminated at any time, upon written notice to the other party, with or without good cause or for any or no cause, at the option either of the Company or Executive. However, as described in this Agreement, Executive may be entitled to severance benefits depending upon the circumstances of Executive’s termination of employment.

  • At Will The Executive and the Company acknowledge that, except as may otherwise be provided under any other written agreement between the Executive and the Company, the employment of the Executive by the Company is “at will,” and the Executive’s employment may be terminated by either the Executive or the Company at any time.

  • OBLIGATION TO REMIT SUBSEQUENT PAYMENTS AND FORWARD COMMUNICATIONS (A) Any payment received by the Seller with respect to amounts accrued after the date of the related Xxxx of Sale for any Purchased Loan sold to the Purchaser, which payment is not reflected in the related Loan Transmittal Summary Form, shall be received by the Seller in trust for the account of the Purchaser and the Seller hereby disclaims any title to or interest in any such amounts. Within two (2) Business Days following the date of receipt, the Seller shall remit to the Purchaser an amount equal to any such payments along with a listing on a form provided by the Purchaser identifying the Purchased Loans with respect to which such payments were made, the amount of each such payment and the date each such payment was received.

  • Covenant Not to Solicit Employees The Executive agrees not to solicit the services of any officer or employee of the Employer for one year after the Executive’s employment termination.

  • At-Will Status Notwithstanding any provision of this Agreement, Executive is employed at-will, such that Executive or the Bank may terminate Executive’s employment at any time, with or without notice, for any or no reason.

  • Employment at Will Nothing in this Agreement or in the Plan shall confer upon Participant any right to continue in Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any Parent or Subsidiary employing or retaining Participant) or of Participant, which rights are hereby expressly reserved by each, to terminate Participant’s Service at any time for any reason, with or without cause.

  • At-Will Employment; Termination The Company and Executive acknowledge that Executive’s employment is and shall continue to be at-will, as defined under applicable law, and that Executive’s employment with the Company may be terminated by either party at any time for any or no reason, with or without notice. If Executive’s employment terminates for any reason, Executive shall not be entitled to any payments, benefits, damages, awards or compensation other than as provided in this Agreement. Executive’s employment under this Agreement shall be terminated immediately on the death of Executive.

  • At-Will Employment Relationship Executive’s employment with the Company is at-will and not for any specified period and may be terminated at any time, with or without Cause or advance notice, by either Executive or the Company. Any change to the at-will employment relationship must be by specific, written agreement signed by Executive and an authorized representative of the Company. Nothing in this Agreement is intended to or should be construed to contradict, modify or alter this at-will relationship.

Time is Money Join Law Insider Premium to draft better contracts faster.