Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on July 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3.4 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.27, 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 "Monthly Amount").
Appears in 1 contract
Samples: Ventures National Inc
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall begin on July February 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Section 3.4 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.2763,636.36, 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 "Monthly AmountMONTHLY AMOUNT").
Appears in 1 contract
Samples: Ventures National Inc
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on July March 1, 2004 2006 and shall recur on the first calendar business day of each succeeding calendar month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3.4 Article II below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.2720,833.33, 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 "Monthly Amount").
Appears in 1 contract
Samples: Smartserv Online Inc
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "“Principal Amount"”) shall begin on July November 1, 2004 2005 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "“Amortization Date"”). Subject to Section 3.4 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.2783,333.33, 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 "“Monthly Amount"”).
Appears in 1 contract
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on July May 1, 2004 2005 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3.4 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.2750,000.00, 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 "Monthly Amount").
Appears in 1 contract
Samples: Conolog Corp
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall begin on July October 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization AMORTIZATION Date"). Subject to Section 3.4 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.2758,333.00 (the "MONTHLY AMORTIZATION"), 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 "Monthly AmountMONTHLY AMOUNT").
Appears in 1 contract
Samples: United Energy Corp /Nv/
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "“Principal Amount"”) shall begin on July September 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "“Amortization Date"”). Subject to Section 3.4 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.2766,667, 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 "“Monthly Amount"”).
Appears in 1 contract
Samples: Micro Component Technology Inc
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "“Principal Amount"”) shall begin on July 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "“Amortization Date"”). Subject to Section 3.4 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.27151,515.15 , 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 "“Monthly Amount"”).
Appears in 1 contract
Samples: Innovative Companies Inc
Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin on July August 1, 2004 and shall recur on the first calendar day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Section 3.4 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $22,727.27116,667, 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 "Monthly Amount").
Appears in 1 contract
Samples: Dyntek Inc