Common use of Interest Only Payments Clause in Contracts

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”).

Appears in 6 contracts

Samples: Debenture Agreement (Polymet Mining Corp), Debenture Agreement (Polymet Mining Corp), Debenture Agreement (Polymet Mining Corp)

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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”)) in cash.

Appears in 2 contracts

Samples: Debenture Agreement (Glencore International PLC), Debenture Agreement (Polymet Mining Corp)

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Interest Only Payments. Subject to and in accordance with the terms of this Section 21, on each Interest Payment Date the Company shall pay to the Holder all interest accrued and unpaid as of each such Interest Payment Date to date on the entire outstanding Principal Amount principal amount of this Debenture Note (the “Interest Amount”), which Interest Amount shall include interest accrued on the Bi-Monthly Amount of principal being paid on such Interest Payment Date.

Appears in 1 contract

Samples: Convertible Note (Ophthalmic Imaging Systems)

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