Common use of Payment and Maturity Clause in Contracts

Payment and Maturity. Monthly payments of accrued interest only shall be paid by Maker commencing on May 1, 2009 and continuing thereafter on the first day of each succeeding calendar month in equal payments, as adjusted with adjustments to the Prime Rate. This Promissory Note shall mature on July 10, 2010 ("Maturity Date"), at which time all unpaid principal and accrued interest thereon shall be due and payable in full.

Appears in 1 contract

Samples: Promissory Note (Good Times Restaurants Inc)

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Payment and Maturity. Monthly payments of accrued interest only shall be paid by Maker commencing on May August 1, 2009 2008 and continuing thereafter on the first day of each succeeding calendar month in equal payments, as adjusted with adjustments to the Prime Rate. This Promissory Note shall mature on July 10, 2010 2009 ("Maturity Date"), at which time all unpaid principal and accrued interest thereon shall be due and payable in full.

Appears in 1 contract

Samples: Promissory Note (Good Times Restaurants Inc)

Payment and Maturity. Monthly payments of accrued interest only shall be paid by Maker commencing on May 1April 15, 2009 2007 and continuing thereafter on the first day of each succeeding calendar month in equal payments, as adjusted with adjustments to the Prime Rate. This Promissory Note shall mature on July 10, 2010 ("Maturity Date")2008, at which time all unpaid principal and accrued interest thereon shall be due and payable in full.

Appears in 1 contract

Samples: Promissory Note (Good Times Restaurants Inc)

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Payment and Maturity. Monthly payments of accrued interest only shall be paid by Maker commencing on May 1July 10, 2009 2006 and continuing thereafter on the first day of each succeeding calendar month in equal payments, as adjusted with adjustments to the Prime Rate. This Promissory Note shall mature on July 10, 2010 2008 ("Maturity Date"), at which time all unpaid principal and accrued interest thereon shall be due and payable in full.

Appears in 1 contract

Samples: Promissory Note (Good Times Restaurants Inc)

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