Common use of Monthly Payments of Interest and Principal Clause in Contracts

Monthly Payments of Interest and Principal. (i) On the Payment Date occurring in December, 2005, and on each Payment Date thereafter to and including the Payment Date occurring in July, 2010, Borrower shall pay to Lender a monthly payment of interest only on the unpaid Principal Indebtedness, in the amounts set forth on the amortization schedule attached hereto as Schedule 3, which payments shall be calculated using the Interest Rate.

Appears in 8 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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Monthly Payments of Interest and Principal. (i) On the Payment Date occurring in December[February, 20052006], and on each Payment Date thereafter to and including the Payment Date occurring in July, 2010, Borrower shall pay to Lender a monthly payment of interest only on the unpaid Principal Indebtedness, in the amounts set forth on the amortization schedule attached hereto as Schedule 3, which payments shall be calculated using the Interest Rate.

Appears in 2 contracts

Samples: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

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