Common use of Payment Before Maturity Date Clause in Contracts

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only in the amount of the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in January 2007 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 2 contracts

Samples: Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust)

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Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only for the Interest Period in which the Monthly Payment Date occurs, calculated in the amount of the Monthly Debt Service Payment Amount manner set forth herein on the Monthly Payment Date occurring in January 2007 March, 2018, and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 2 contracts

Samples: Loan Agreement (Hersha Hospitality Trust), Mezzanine Loan Agreement (Hersha Hospitality Trust)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only in the amount of equal to the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in January 2007 August, 2012, and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 2 contracts

Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.), Mezzanine Loan Agreement (KBS Strategic Opportunity REIT, Inc.)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only in the amount of equal to the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in January 2007 September, 2017 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 2 contracts

Samples: Loan Agreement (Ionis Pharmaceuticals Inc), Loan Agreement (Ionis Pharmaceuticals Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Periodperiod from the Closing Date through the last day of the month in which the Closing Date occurs. Borrower shall make a payment to Lender of interest only in the amount of the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in January February 2007 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 2 contracts

Samples: Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only calculated in the amount of the Monthly Debt Service Payment Amount manner set forth herein on the Monthly Payment Date occurring in January 2007 November, 2006 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $320,987 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $316,019 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $102,185 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only in the amount of the Monthly Debt Service Payment Amount on On the Monthly Payment Date occurring in January 2007 October, 2019 and on each Monthly Payment Date thereafter to and including the Maturity Date, Borrower shall make a payment to Lender equal to the Monthly Debt Service Payment Amount. Each payment Borrower shall be applied first also pay to accrued and unpaid interest and the balance to principalLender all amounts required if any in respect of Reserve Funds as set forth in Article VI.

Appears in 1 contract

Samples: Loan Agreement (Pacific Oak Strategic Opportunity REIT II, Inc.)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the date hereof for the period from the Closing Date for the initial Interest Periodto and including January 31, 2000. Borrower shall make a payment to Lender of interest only calculated in the amount of the Monthly Debt Service Payment Amount manner set forth herein on the Monthly Payment Date occurring in January 2007 March 1, 2000 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Reckson Associates Realty Corp)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only in the amount of equal to the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in January 2007 April, 2013 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Consolidated Tomoka Land Co)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $195,427 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

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Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only in the amount of the Monthly Debt Service Payment Amount on the Monthly Payment Date occurring in January 2007 and on each Monthly Payment Date thereafter hereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Americold Realty Trust)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $129,107 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only calculated in the amount of the Monthly Debt Service Payment Amount manner set forth herein on the Monthly Payment Date occurring in January 2007 December 9, 2012 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $111,599 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $314,971.00 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $365,161 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only on the Closing Date for the initial Interest Period. Borrower shall make a payment to Lender of interest only calculated in the amount of the Monthly Debt Service Payment Amount manner set forth herein on the Monthly Payment Date occurring in January March, 2007 and on each Monthly Payment Date thereafter to and including the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Interstate Hotels & Resorts Inc)

Payment Before Maturity Date. Borrower shall make a payment to Lender of interest only with respect to the Loan on the date hereof for the period from the Closing Date for the initial Interest Periodto, but not including, June 1, 2002. Borrower shall make a payment to Lender of interest only an equal monthly payment in the amount of the Monthly Debt Service Payment Amount $285,472.00 on the Monthly Payment Date occurring in January 2007 on July 1, 2002 and on each Monthly Payment Date thereafter to and including to, but not including, the Maturity Date. Each payment shall be applied first to accrued and unpaid interest and the balance to principal.

Appears in 1 contract

Samples: Loan Agreement (Affordable Residential Communities Inc)

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