Monthly Debt Service Payments. Borrower shall pay to Lender on January 1, 2010 and each Payment Date thereafter up to but not including the Maturity Date, an amount equal to the Monthly Debt Service Payment Amount, which payments shall be applied to accrued and unpaid interest.
Appears in 5 contracts
Samples: Junior Mezzanine Loan Agreement, Junior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc), Senior Mezzanine Loan Agreement (Inland Western Retail Real Estate Trust Inc)
Monthly Debt Service Payments. Borrower shall pay to Lender on January 1June 9, 2010 2013 and on each Payment Date thereafter up to but not and including the Maturity Date, an amount Borrower shall make a payment to Lender equal to the Monthly Debt Service Payment Amount, which payments shall be applied to accrued and unpaid interest. Payments pursuant to this Section 2.3.1 shall be applied to interest accrued, or to be accrued for the related Interest Period in which the Payment Date occurs.
Appears in 2 contracts
Samples: Mezzanine Loan Agreement (BRE Select Hotels Corp), Mezzanine Loan Agreement (BRE Select Hotels Corp)
Monthly Debt Service Payments. Borrower shall pay to Lender on January 1, 2010 and each Payment Date thereafter up to but not including the Maturity Date, an amount equal to the Monthly Debt Service Payment Amount, which payments shall be applied first to accrued and unpaid interestinterest and the balance to principal.
Appears in 2 contracts
Samples: Loan Agreement (Inland Western Retail Real Estate Trust Inc), Loan Agreement (Inland Western Retail Real Estate Trust Inc)
Monthly Debt Service Payments. Borrower shall pay to Lender Lender, on January February 1, 2010 2021 and on each Payment Date thereafter up to but not and including the Maturity Date, a payment to Lender of principal and interest in an amount equal to the sum of Principal and Interest Monthly Debt Service Payment AmountAmount due and owing for each outstanding unpaid Advance, which payments shall be applied first to accrued and unpaid interestinterest and the balance to principal of each such Advance.
Appears in 1 contract
Samples: Loan Agreement (Manufactured Housing Properties Inc.)
