Interest Only Payments. For each Growth Capital Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Growth Capital Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to the Second Supplemental Term Loan and continuing thereafter during the Second Supplemental Interest-Only Period, on the first (1st) Business Day of each successive month.
Interest Only Payments. Subject to and in accordance with the terms of this Section 2, on each Interest Payment Date the Company shall pay to the Holder all interest accrued and unpaid as of each such Interest Payment Date on the entire outstanding Principal Amount of this Debenture (the “Interest Amount”).
Interest Only Payments. Borrower shall make monthly payments of interest-only on each Term Loan Advance commencing on the first (1st) calendar day of the first (1st) month following the month in which the Funding Date for such Term Loan Advance occurs and continuing thereafter during the Interest-Only Period on the first (1st) calendar day of each successive month.
Interest Only Payments. Subject to the terms of Section 1(b) below, on each Payment Date and on the Maturity Date, the Company shall pay to the Holder all interest accrued to date on the entire Principal Amount of this Note (“Interest Amount”), in either cash or in shares of Common Stock at the Company’s option, in accordance with this Section 1.
Interest Only Payments. For each Supplemental Equipment Advance, Borrower shall make monthly payments of interest-only commencing on the first (1st) Business Day of the first (1st) month following the month in which the Funding Date occurs with respect to such Supplemental Equipment Advance and continuing thereafter during the Interest-Only Period, on the first (1st) Business Day of each successive month.
Interest Only Payments. Subject to and in accordance with the terms of this Section 2, on the earlier of the Maturity Date or the Early Repayment Date, the Company shall pay to the Holder all interest accrued and unpaid at that time on the entire outstanding Principal Amount of this Debenture (the “Interest Amount”) together with repayment of the entire outstanding Principal Amount of this Debenture in cash.
Interest Only Payments. Borrower shall make monthly payments of interest only commencing on the first Payment Date following the Effective Date, and on each Payment Date thereafter prior to the Amortization Date.
Interest Only Payments. Beginning with the month immediately after the Effective Date and continuing through the thirty-sixth (36th) month after the Effective date, Borrower shall on each January 31st and July 31st after the Initial Draw pay to Lender an amount equal to the Interest due under Section 2.2(c) for the six (6) months immediately preceding the month.
Interest Only Payments. Borrower shall make monthly payments of interest-only commencing on the first (1st) calendar day of the first (1st) month following the month in which a Funding Date occurs with respect to a Term Loan Advance and continuing thereafter during the applicable Interest-Only Period on the first (1st) calendar day of each successive month. Borrower agrees to pay, on the Funding Date of each Term Loan Advance, any initial partial monthly interest payment otherwise due for the period between the Funding Date of such Term Loan Advance and the first (1st) calendar day of the first (1st) month following the month in which such Funding Date occurs.
