Interest; Repayment of Loans. (a) The principal amount of each Loan outstanding under this Note, together with all accrued interest thereon, shall be due and payable on the Maturity Date.
Interest; Repayment of Loans. Notwithstanding any other provision of this Agreement, the entire Commitment shall at all times during the term of the Loan be either a Base Rate Loan or a LIBOR Loan (as both Loans are hereafter defined). On or before the Closing Date and prior to the Final Disbursement, as applicable, the Borrower shall execute and deliver to the Bank a “Notice of Borrowing” in the form attached hereto as Exhibit “B” and made a part hereof. The Notice of Borrowing must be received by the Bank no later than 10:00 a.m. (Hawaii Standard Time) on the date one full Business Day (as defined in Section 1.11c., below) prior to the proposed disbursement date in the case of a Base Rate Loan or two full Business Days prior to the proposed disbursement date in the case of a LIBOR Loan.
Interest; Repayment of Loans. Prior to the Conversion Date, Borrower agrees to pay interest monthly on the outstanding principal balance of the Aggregate Loan Balance at the Pre-Conversion Rate. The Borrower agrees to make monthly payments to the Lender of all accrued interest on the Aggregate Loan Balance on the first (1st) day of each month until the Conversion Date. Payments shall be made in United States money at the Lender's address or at such other place as the Lender designates by written notice to the Borrower. The Lender’s records evidencing the dates of Disbursement and the Aggregate Loan Balance and the amounts of all repayments of principal and payments of interest on the Aggregate Loan Balance shall constitute prima facie evidence of the making and repayment of the Aggregate Loan Balance and of the payment of such interest. However, the Lender's making of erroneous notations in its records shall not affect the Borrower's obligation to repay the Aggregate Loan Balance and accrued interest thereon, as provided in this Agreement.
Interest; Repayment of Loans
