Common use of Note; Repayment of Principal and Interest Clause in Contracts

Note; Repayment of Principal and Interest. Borrower’s obligations to pay to Lender the principal of and interest on the Loan shall be evidenced by the records of Lender and by the Note. The Loan shall bear interest at the rate or rates per annum specified in the Note and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the Note.

Appears in 10 contracts

Samples: Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.), Loan Agreement (Hartman Short Term Income Properties XX, Inc.)

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Note; Repayment of Principal and Interest. Borrower’s obligations to pay to Lender the principal of and interest on the Loan shall be evidenced by the records of Lender and by the Note. The Loan shall bear interest at the rate or rates per annum specified in the Note and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the Note.

Appears in 3 contracts

Samples: Loan Agreement (Summit Hotel Properties, Inc.), Loan Agreement (Summit Hotel OP, LP), Loan Agreement (Summit Hotel Properties, Inc.)

Note; Repayment of Principal and Interest. Borrower’s 's obligations to pay to Lender the principal of and interest on the Loan shall be evidenced by the records of Lender and by the Note. The Loan shall bear interest at the rate or rates per annum specified in the Note and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the Note.

Appears in 3 contracts

Samples: Loan Agreement (Great Lakes Reit), Loan Agreement (Summit Hotel Properties LLC), Loan Agreement (Summit Hotel Properties LLC)

Note; Repayment of Principal and Interest. Borrower’s Borrowers’ obligations to pay to Lender the principal of and interest on the Loan shall be evidenced by the records of Lender and by the Note. The Loan shall bear interest at the rate or rates per annum specified in the Note and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the Note.

Appears in 2 contracts

Samples: Loan Agreement (Campus Crest Communities, Inc.), Loan Agreement (Campus Crest Communities, Inc.)

Note; Repayment of Principal and Interest. The ----------------------------------------- Borrower’s obligations 's obligation to pay to the Lender the principal of and interest on the Loan shall be evidenced by the records of the Lender and by the Note. The Loan shall bear interest at the rate or rates per annum specified in the Note and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the Note. The principal of and accrued interest on the Loan shall be payable as provided in the Note.

Appears in 1 contract

Samples: Loan Agreement (Intercept Group Inc)

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Note; Repayment of Principal and Interest. Borrower’s obligations to pay to Lender the principal of and interest on the Loan shall be evidenced by the records of Lender and by the NoteNotes. The Loan shall bear interest at the rate or rates per annum specified in the Note Notes and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the NoteNotes.

Appears in 1 contract

Samples: Loan Agreement (Century Properties Fund Xix)

Note; Repayment of Principal and Interest. Borrower’s 's obligations to pay to Lender the principal of and interest on the Loan shall be evidenced by the records of Lender and by the Note. The Loan shall bear interest at the rate or rates per annum specified in the Note and such interest shall be calculated and shall be paid and shall accrue in the manner specified in the Note.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

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