Loan C Final Payment Sample Clauses
The 'Loan C Final Payment' clause defines the requirements and procedures for making the last payment due on Loan C. Typically, this clause specifies the exact amount, due date, and acceptable payment methods for the final installment, and may address any outstanding interest or fees that must be settled at this time. Its core function is to ensure both parties clearly understand the obligations for fully satisfying the loan, thereby preventing disputes or misunderstandings at the conclusion of the lending arrangement.
Loan C Final Payment. Borrower shall pay to Horizon a payment in the amount of Fifty Thousand Dollars ($50,000) (the “Loan C Final Payment”) upon the earlier of (i) payment in full of the principal balance of Loan C, (ii) an Event of Default and demand by any Lender of payment in full of Loan C or (iii) on the Maturity Date Loans C and D, as applicable.
Loan C Final Payment. Borrower shall pay to the applicable Lender a payment in the amount of Two Hundred Thousand Dollars ($200,000) (the “Loan C Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan C, (B) an Event of Default and demand by Lender of payment in full of Loan C or (C) the Maturity Date, as applicable.
Loan C Final Payment. Co-Borrowers shall pay to Lender a payment in the amount of Two Hundred Thousand Dollars ($200,000) (the “Loan C Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan C, (B) an Event of Default and demand by Lender of payment in full of Loan C or (C) the Maturity Date, as applicable.
Loan C Final Payment. Co-Borrowers shall pay to Powerscourt a payment in the amount of Four Hundred Fifty Thousand Dollars ($450,000) (the “Loan C Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan C, (B) an Event of Default and demand by such Lender of payment in full of Loan C or (C) the Maturity Date applicable to Loan C, as applicable.
Loan C Final Payment. Provided Loan C is funded, Co-Borrowers shall pay to Horizon a payment in the amount of Two Hundred Twenty-Five Thousand Dollars ($225,000) (the “Loan C Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan C, (B) an Event of Default and demand by any Lender of payment in full of Loan C or (C) the Maturity Date applicable to Loan C, as applicable.
