Payment and Application. All payments shall be made in lawful money of the United States of America at such place in the United States of America as the Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to accrued and unpaid interest, and then to outstanding principal hereunder, with any excess returned to the Company.
Appears in 4 contracts
Samples: Satisfaction and Release Agreement, Satisfaction and Release Agreement (Argos Therapeutics Inc), Satisfaction and Release Agreement (Argos Therapeutics Inc)