Loan I Final Payment Clause Samples

Loan I Final Payment. If Loan I is funded, Borrower shall pay to the applicable Lender a payment in the amount of One Hundred Forty Thousand Dollars ($140,000) (the “Loan I Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan I, (B) an Event of Default and demand by Lender of payment in full of Loan I or (C) the Maturity Date, as applicable.
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Loan I Final Payment. Co-Borrowers shall pay to Lender a payment in the amount $250,000 (the “Loan I Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan I, (B) an Event of Default and demand by Lender of payment in full of Loan I or (C) the Maturity Date applicable to Loan I, as applicable.
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Related to Loan I Final Payment

  • Final Payment A. Upon final completion and acceptance of the Work in accordance with Paragraph 15.06 of the General Conditions, Owner shall pay the remainder of the Contract Price as recommended by Engineer as provided in said Paragraph 15.06.