Loan E Final Payment Sample Clauses
The 'Loan E Final Payment' clause defines the requirements and procedures for making the last payment due on Loan E. Typically, this clause specifies the exact amount and due date of the final payment, and may outline any remaining interest, fees, or principal that must be settled to fully satisfy the loan obligation. By clearly detailing the final payment terms, this clause ensures both parties understand when and how the loan will be completely repaid, thereby preventing disputes and ensuring closure of the lending arrangement.
Loan E Final Payment. Co-Borrowers shall pay to Horizon a payment in the amount of Three Hundred Thousand Dollars ($300,000) (the “Loan E Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan E, (B) an Event of Default and demand by such Lender of payment in full of Loan E or (C) the Maturity Date applicable to Loan E, as applicable.
Loan E Final Payment. If Loan E is funded, Borrower shall pay to the applicable Lender a payment in the amount of One Hundred Twenty Thousand Dollars ($120,000) (the “Loan E Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan E, (B) an Event of Default and demand by Lender of payment in full of Loan E or (C) the Maturity Date, as applicable.
Loan E Final Payment. Co-Borrowers shall pay to Lender a payment in the amount of $125,000 (the “Loan E Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan E, (B) an Event of Default and demand by Lender of payment in full of Loan E or (C) the Maturity Date applicable to Loan E, as applicable.
Loan E Final Payment. Borrower shall pay to Lender a payment in the amount set forth in the Note applicable to Loan E (the “Loan E Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan E, (B) an Event of Default that has occurred, has not been waived or cured in accordance with the terms of this Agreement and demand by Lender of payment in full of Loan E or (C) the Maturity Date, as applicable.