Loan Repayment Terms. Interest shall accrue, and repayment of principal and interest shall be paid from Surplus Cash in accordance with Section 3.5, below. Notwithstanding the foregoing, the outstanding principal balance and any accrued but unpaid interest of the Loan will be due and payable on the fifty seventh (57th) anniversary of the date Deed of Trust is recorded on the leasehold interest in the Official Records (the “Maturity Date”) according to the terms set forth in full in the Note. At least sixty (60) days prior to the Maturity Date, the Borrower may apply to the City for an extension of the Maturity Date. In the event that, as of the date of such request, the Borrower continues to be in compliance with the Loan Documents, the City may, in its discretion, agree to extend the Maturity Date pursuant to a written amendment to the Agreement and permit the Borrower to continue to defer repayment of principal and interest, or may require that the Borrower make amortized payments of principal and interest, depending on factors such as rental payments received from the commercial portion of the Site.
Loan Repayment Terms. BORROWER shall make monthly principal and interest payments to LENDER in the amounts set forth in LENDER’S monthly margin account statement relating to the Loan Amount hereunder, until such time as LENDER shall make a demand upon BORROWER for repayment at which time BORROWER shall repay to LENDER the entire Loan Amount (including principal and all accrued interest) in accordance with the terms of the Promissory Note set forth above.
Loan Repayment Terms. BORROWER will make payment(s) to LENDER in three (3) separate payments according to the following schedule:
Loan Repayment Terms. 13.1. The Borrower undertakes to repay the Loan on the Loan Repayment Date in accordance with the terms of the Loan Agreement, taking into account the instalments and repayment dates indicated in the Schedule.
Loan Repayment Terms. BXXXXXXX will pay the Principal and Interest accrued on the Principal to LENDER in accordance with the following schedule:
Loan Repayment Terms. BORROWER will make restitution to Lender as follows:
Loan Repayment Terms. BORROWER will make payment(s) to LENDER monthly at not less than $200 per month until the full value of the principle and interest has been paid.
Loan Repayment Terms. BORROWER may make payment(s) to LENDER in amounts and at times as it chooses upon the Loan Amount, including accrued interest, until such time as LENDER shall make a demand upon BORROWER for repayment at which time BORROWER shall repay to LENDER the entire Loan Amount (including principal and all accrued interest). LENDER shall make no demand for payment prior to 90 days after the date of this Loan Agreement and Promissory Note.
Loan Repayment Terms. ASG will make payment along with Interest, if any, to QIND from the revenue proceeds before disbursement of dividends in four yearly equal installments, starting from year 2025. A separate Loan Agreement will be signed.
Loan Repayment Terms. ASSS will make payment along with Interest, if any, lo ILUS from the revenue proceeds before disbursement of dividends in four yearly equal installments, starting from year 2023 (as per the Loan Agreement in Exhibit 3).
