Common use of Minimum Monthly Principal Payments Clause in Contracts

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November 1, 2005 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 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 $130,952.38 (the "MONTHLY PRINCIPAL AMOUNT"), together with any accrued and unpaid interest to date on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November 1, 2005 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 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 $130,952.38 3,571.43 (the "MONTHLY PRINCIPAL AMOUNT"), together with any accrued and unpaid interest to date on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate outstanding principal amount outstanding under of this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November January 1, 2005 and shall recur on the first business day of each succeeding month Repayment Date thereafter until the Maturity Date (eachPrincipal Amount has been repaid in full, an "AMORTIZATION DATE")whether by the payment of cash or by the conversion of such principal into Common Stock pursuant to the terms hereof. Subject to Section 2.1 and Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each the Company shall make payments to the Holder in the amount of $130,952.38 50,000.00 (the "MONTHLY PRINCIPAL AMOUNTMonthly Principal Amount"), together with any accrued and unpaid interest to date then due on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but Note that have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNTMonthly Amount"). Any outstanding Principal Amount that remains outstanding on together with any accrued and unpaid interest and any other unpaid amounts which are then owing by the Maturity Date Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing Borrower shall make monthly payments on the Repayment Date for the outstanding principal of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin Amortized Principal Amount beginning on November August 1, 2005 and shall recur recurring on the first business day of each succeeding month Repayment Date thereafter until the Maturity Date (eachAmortizing Principal Xxxxxx has been repaid in full, an "AMORTIZATION DATE")whether by the payment of cash or by the conversion of such principal into Common Stock pursuant to the terms hereof. Subject to Section 2.1 and Article 3 below, beginning on the first Amortization August 1, 2005 on each Repayment Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $130,952.38 [__________] (the "MONTHLY PRINCIPAL AMOUNT"“Monthly Principal Amount”), together with any accrued and unpaid interest to date then due on such portion of the Amortizing Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but Note that have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"“Monthly Amount”). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November October 1, 2005 2004 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 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 $130,952.38 90,909.09 (the "MONTHLY PRINCIPAL AMOUNT"), together with any accrued and unpaid interest to date on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"). In addition, in the event that any funds are released from the Laurus Restricted Account (as defined in the Laurus Restricted Account Agreement) for any reason other than as a result of a conversion of the Monthly Principal Amount into Common Stock in accordance with Article II or III below, the amount of such release shall be applied in equal amounts to each future Amortization Date occurring after the 90th day following such release. Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November 1, 2005 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 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 $130,952.38 28,571.43 (the "MONTHLY PRINCIPAL AMOUNT"), together with any accrued and unpaid interest to date on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November 1, 2005 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 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 $130,952.38 1,190.48 (the "MONTHLY PRINCIPAL AMOUNT"), together with any accrued and unpaid interest to date on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November 1, 2005 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 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 $130,952.38 2,380.95 (the "MONTHLY PRINCIPAL AMOUNT"), together with any accrued and unpaid interest to date on such portion of the Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNT"). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under Principal Amount of this Note at any time (the "PRINCIPAL AMOUNT") shall begin on November June 1, 2005 2006 and shall recur on the first business day of each succeeding month Repayment Date thereafter until the Maturity Date (each, an "AMORTIZATION DATE"). Subject to Article 3 below, beginning on the first Amortization Principal Amount has been repaid in full On each Repayment Date, the Borrower shall make monthly payments to the Holder on each Repayment Date, each in the amount of $130,952.38 219,047.62 (the "MONTHLY PRINCIPAL AMOUNTMonthly Principal Amount"), together with any accrued and unpaid interest to date then due on such portion of the Amortizing Principal Amount (as defined below) plus any and all other amounts which are then owing under this Note, the Purchase Agreement or any other Related Agreement but Note that have not been paid (the Monthly Principal Amount, together with such accrued and unpaid interest and such other amounts, collectively, the "MONTHLY AMOUNTMonthly Amount"). ; Any Principal Amount Amount, together with any accrued and unpaid interest and any and all other unpaid amounts that are then owing by the Borrower or its subsidiaries under this Note, the Purchase Agreement and/or any other Related Agreement that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.