Common use of Loan Repayments Schedule Clause in Contracts

Loan Repayments Schedule. Payments of principal and interest shall commence on the first day of the first month immediately following the Initial Disbursement Date, and shall continue on the first day of each and every month thereafter until paid in full. Such payments shall fully amortize the Loan over two hundred forty (240) months; provided, however, the entire remaining unpaid balance of principal and interest shall be due and payable in full on the first day of the one hundred twentieth (120) month following the Initial Disbursement Date.

Appears in 3 contracts

Samples: www.sec.gov, Loan Agreement (Biovest International Inc), Agreement (Biovest International Inc)

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Loan Repayments Schedule. Payments of principal and interest shall commence on the first day of the first month immediately following the Initial Disbursement Date, and shall continue on the first day of each and every month thereafter until paid in full. Such payments shall fully amortize the Loan over seventy-two hundred forty (24072) months; provided, however, the entire remaining unpaid balance of principal and interest shall be due and payable in full on the first day of the one hundred twentieth seventy-second (12072) month following the Initial Disbursement Date.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

Loan Repayments Schedule. Payments of principal and interest shall commence on the first day of the first month immediately following the Initial Disbursement Date, and shall continue on the first day of each and every month thereafter until paid in full. Such payments shall fully amortize the Loan over two hundred forty (240seven ( 7) monthsyears; provided, however, the entire remaining unpaid balance of principal and interest shall be due and payable in full on the first day of the one hundred twentieth (120third ( 3rd) month following the Initial Disbursement Date.

Appears in 1 contract

Samples: Loan Agreement Minnesota Investment Fund

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Loan Repayments Schedule. Payments of principal and interest shall commence on the first day of the first month immediately following the Initial Disbursement Date, and shall continue on the first day of each and every month thereafter until paid in full. Such payments shall fully amortize the Loan over two hundred forty (240seven ( 7) monthsyears; provided, however, the entire remaining unpaid balance of principal and interest shall be due and payable in full on the first day of the one hundred twentieth (120third ( Disbursement Date. 3rd) month following the Initial Disbursement Date.Initial

Appears in 1 contract

Samples: Loan Agreement Minnesota Investment Fund

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