Minimum Monthly Payments. Your minimum monthly payment will be % of your total New Balance shown on your billing statement at the end of each billing cycle, plus the amount of any prior payments due that remain unpaid, subject to the lesser of $ or your Account balance. In addition, any time that your total New Balance exceeds your credit limit, you must immediately pay the excess upon our demand. You have the right to pay your Account in full at any time without penalty. Partial payments or prepayments will not delay your next scheduled payment - you will still need to make the minimum scheduled payment by the next scheduled due date to keep your Account current. Payments will be applied in any order we determine, subject to applicable law. You understand that any payment that delays the repayment of your unpaid balance will increase your Interest Charge and any payment that accelerates the reduction of your unpaid balance will decrease your Interest Charges.
Minimum Monthly Payments. Customer agrees to make minimum payments to carrier, commencing on the Start Date as follows:
1) For the initial twelve month period commencing on the Start Date, Lessee shall pay to lessor a minimum of $250.00 per month.
2) For the second year, Lessee shall pay lessor a minimum of $500 per month.
3) For the third year thereafter throughout the term of this Agreement, lessee shall pay lessor a minimum of $750 per month.
Minimum Monthly Payments. Borrower will pay CNB a monthly fee from the date hereof until the next Termination Date, whether or not the Obligations have been repaid, equal to $1,000.00 less the amount of interest paid by Borrower for Revolving Credit Loans for such month.
Minimum Monthly Payments. The Minimum Monthly Payments are certain minimum payments that Customer is required to make to Accuray each month regardless of the amount of revenue that Customer has generated in such month. The amount of Customer's Minimum Monthly Payment is dependent upon the amount of Customer's Down Payment. Customer agrees that the minimum monthly payment amount set forth in Section D.2.2 (Minimum Monthly Payments) above which corresponds to the value of Customer's Down Payment shall constitute the amount of Customer's Minimum Monthly Payment under this Agreement.
2.1.2.1. Starting with the first (1st) month following the Commencement Date (as defined below), in the event that the Revenue Share payment (as defined below) to be made by Customer to Accuray is not equal to or greater than the amount of Customer's Minimum Monthly Payment, Customer shall make a payment to Accuray in the amount of Customer's Minimum Monthly Payment, notwithstanding the actual amount of any fees collected by Customer with respect to such month. The Minimum Monthly Payments will be due on the third (3rd) business day of each month and shall continue for the Term of this Agreement. For the avoidance of doubt, and by way of example, if the Commencement Date is on any day of the month of May, the Minimum Monthly Payment shall commence on the third (3rd) business day of June.
Minimum Monthly Payments. Though You need only pay the Minimum Monthly Payments, You understand that You have the right to repay Your Account or make larger payments at any time without penalty. You will only be charged periodic Finance Charges to the date You repay Your entire Account balance. Any partial payment or prepayment of Your Account will not delay Your next scheduled payment. All payments to Us must be in lawful money of the United States.
Minimum Monthly Payments. (i) Until the Catch-Up Date, PHCM shall pay to Omega on the first day of each month an amount equal to the Minimum Monthly Payment (as hereinafter defined). After the Catch-Up Date, PHCM shall not be obligated to pay the Minimum Monthly Payments, but rather shall pay to Omega the amounts which become due under the Amended Omega Loan Documents when and as such amounts become due.
Minimum Monthly Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on as set forth below and shall recur on the first calendar day of each succeeding month specified below thereafter until the Maturity Date (each, an "Amortization Date"). For the purposes of the calculation of principal, interest and fees due and owing hereunder, the Principal Amount shall be divided into two tranches: Tranche A (defined below) and Tranche B (defined below). Subject to Section 3.4 below, beginning on August 1, 2004, the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date occurring thereafter until the Maturity Date, each in the amount of $116,667, together with any accrued and unpaid interest to date on such portion of the first Three Million Five Hundred Thousand Dollars ($3,500,000) aggregate principal amount of this Note ("Tranche A") plus any and all other amounts which are then owing under this Note with respect to such Tranche A but have not been paid (collectively, the "Tranche A Monthly Amount"); for the next Two Million Five Hundred Thousand Dollars ($2,500,000) aggregate principal amount hereof , without duplication ("Tranche B"), interest shall begin accruing on June 1, 2004 and shall be due and payable on each Amortization Date until the Maturity Date. From and after November 1, 2004 to the Maturity Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $83,333.33, together with any accrued and unpaid interest to date on such portion of the Principal Amount plus any and all other amounts which are then owing under this Note but have not been paid (collectively, the "Tranche B Monthly Amount"). Each of the Tranche A Monthly Amount and the Tranche B Monthly Amount (collectively, the "Monthly Amount"), shall be due and payable by the Borrower as set forth above, and only satisfaction of all amounts due to Holder from Borrower under each of the Tranche A Monthly Amount and the Tranche B Monthly Amount, as applicable, shall be deemed to satisfy payment in full of the amounts due Holder and payable by Borrower on each respective Repayment Date and Amortization Date under this Note.
Minimum Monthly Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on as set forth below and shall recur on the first calendar day of each succeeding month specified below thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3.4 below, beginning on December 1, 2005 the deferred Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date occurring thereafter until the Maturity Date, each in the amount of $277,083, together with any accrued and unpaid interest to date( the "Monthly Amount").
Minimum Monthly Payments. Notwithstanding anything to the contrary in ------------------------ Section 1 of this Schedule F, the Master Servicer shall pay the Subservicer the minimum monthly payments (the "Minimum Monthly Payments") of $17,000 in the event that (and in lieu of) the total amounts payable by the Master Servicer to the Subservicer pursuant to Section 1 of this Schedule F and in connection with any servicing of any kind performed by CITSF for IMAC in the aggregate in a particular calendar month fails to generate such minimum amounts.
Minimum Monthly Payments. On each Required Payment Date, the Borrower shall prepay the outstanding principal balance of the Loans by an amount equal to the Minimum Monthly Payment.
