Loan Amortization. RentalToken SL may repay the Loan early. In case of early repayment, RentalToken SL will comply with the requirements of RDL 7/1996, of June 7, art. 00.xxx.(b)
Loan Amortization. The loan will be amortized for quarterly periods, maturing on the last day of each calendar quarter, in accordance with the amortization table attached as an annex to this contract, which may be adjusted to the amount of capital actually lent or to the amount resulting at the time of practice. liquidation.
Loan Amortization. Principal and interest per the initial amortized interest rate shall become due and payable in 36 monthly payments beginning on the first Payment Date of the month following the date hereof each in the amount of $52,001.52, which includes the monthly CFG Service Fee. The amount of the monthly payments and the final payment may be adjusted as a consequence of the terms of this Loan Agreement allowing for fluctuation in the Prime Interest Rate. Borrower shall repay the Loan through scheduled payments on each Payment Date, each equal to the applicable amount set forth in the loan parameters below (or, if less, the outstanding amount of the Loan): Loan Parameters Loan Amount $ 1,604,972.00 Amortized Rate 10.25% First Payment Date April 24, 2008 Payment Amount $ 51,976.52 Service Fee (per month) $ 25.00 Applied to Loan $ 52,001.52 Payment Period Monthly Number of Payments 36
Loan Amortization. 19 2.6 Maturity ..................................................... 19 2.7
Loan Amortization. Participant loans shall provide for level amortization, with payments to be made not less frequently than quarterly over a period not to exceed five (5) years. However, loans used to acquire any dwelling unit which, within a reasonable time, is to be used (determined at the time the loan is made) as a “principal residence” of the Participant shall provide for periodic repayment over a reasonable period of time that may exceed five (5) years. For this purpose, a “principal residence” has the same meaning as a “principal residence” under Section 1034 of the Code. Loan repayment may be suspended under this Plan as permitted under Section 414(u)(4) of the Code.
Loan Amortization. Effective as of August 1, 1998, all principal payments made by Borrower to Foothill pursuant to Section 2.9 of the Agreement shall be applied first to the NEW Deferred Funding Fee Note until it is paid in full, second to the Deferred Funding Fee Note until it is paid in full and third to the Term Note. As of July 31, 1998, the outstanding principal balance of the NEW Deferred Funding Fee Note was $300,000 and the outstanding principal balance of the Deferred Funding Fee Note was $2,784,394.73.
Loan Amortization. The principal of each Note shall be due and payable in quarterly installments due on each Quarterly Date, beginning on October 1, 1997, equal to the applicable Lender's pro rata share of the Loans times (i) for each Quarterly Date through and including July 1, 1998, the sum of $781,250 plus the product of $625,000 times the Amortization Fraction, (ii) for the Quarterly Date on October 1, 1998 and for each Quarterly Date thereafter through and including July 1, 2001, $781,250, and (iii) for the Quarterly Date on October 1, 2001 and for each Quarterly Date thereafter through and including July 1, 2002, $9,375,000; provided, however, that if the payment required under the foregoing provisions of this sentence exceed the Maximum Payment Cap, only the Maximum Payment Cap shall be applied to the Loans, with the balance to be either applied in prepayment of the Loans or deposited in the Cash Flow Account, at the option of the Borrower. On the Maturity Date, the entire unpaid principal balance of each Note and all accrued and unpaid interest on the unpaid principal balance of each Note shall be finally due and payable.
Loan Amortization. IHSThe Tranche A-1 Borrower shall repay the Tranche A-1 Loans on each date set forth below (each aan “Principal Repayment Date”) in the aggregate principal amount set forth opposite such date: CREDIT AGREEMENT, Page 28 007751-0138-14324-Active.18411811 #86414519v6 February 28, 2015 $8,750,000 May 31, 2015 $8,750,000 August 31, 2015 $8,750,000 November 30, 2015 $8,750,000 February 29, 2016 $8,750,000 May 31, 2016 $8,750,000 August 31, 2016 $8,750,000 November 30, 2016 $8,750,000 February 28, 2017 $17,500,000 May 31, 2017 $17,500,000 August 31, 2017 $17,500,000 November 30, 2017 $17,500,000 February 28, 2018 $17,500,000 May 31, 2018 $17,500,000 August 31, 2018 $17,500,000 November 30, 2018 $17,500,000 February 28, 2019 $17,500,000 May 31, 2019 $17,500,000 August 31, 2019 $17,500,000 Maturity Date $437,500,000
Loan Amortization. The Borrower will pay the Creditors the principal amount of the Loan in 8 (eight) semi-annual and subsequent amortizations on the Interest Payment date of the corresponding month in accordance with the following amortization calendar (each, a “Principal Payment Date”): December 10, 2014 $115,000,000.00 June 10, 2015 $115,000,000.00 December 10, 2015 $115,000,000.00 June 10, 2016 $172,500,000.00 December 10, 2016 $172,500,000.00 June 10, 2017 $172,500,000.00 December 10, 2017 $172,500,000.00 Maturity Date Outstanding Balance of the Loan
