Payment Amounts. Borrower shall make payments of the outstanding Loan Amount and accrued and unpaid interest as follows: · Monthly interest-only payments; provided the Borrower may, at its option, pay such interest payment by adding such interest to the outstanding Loan Amount on such interest payment date. · On the Maturity Date, the entire outstanding Loan Amount and all accrued and unpaid interest shall be due and payable, as calculated by the Borrower.
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Samples: Convertible Security Agreement (iCoreConnect Inc.), Convertible Security Agreement (iCoreConnect Inc.), Convertible Security Agreement (iCoreConnect Inc.)
Payment Amounts. Borrower shall make payments of the outstanding Loan Amount and accrued and unpaid interest as follows: · Monthly interest-only payments; provided the Borrower may, at its option, pay such interest payment by adding such interest to the outstanding Loan Amount on such interest payment date. · On the Maturity Date, the entire outstanding Loan Amount and all accrued and unpaid interest shall be due and payable, as calculated by the BorrowerAdministrative Agent.
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Payment Amounts. Borrower shall make payments of the outstanding Loan Amount and accrued and unpaid interest as follows: · Monthly interest-only payments; provided the Borrower may, at its option, pay such interest payment by adding such interest to the outstanding Loan Amount on such interest payment date. · On the Maturity Date, the entire outstanding Loan Amount and all accrued and unpaid interest shall be due and payable, as calculated by the Borrower.
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