Payment of Accrued and Unpaid Interest Sample Clauses

Payment of Accrued and Unpaid Interest. Upon conversion of any portion of this Note, accrued and unpaid interest on such converted portion to, but excluding, the applicable Conversion Date will be paid in cash to be delivered on or before the related Delivery Date.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Payment of Accrued and Unpaid Interest. Not later than three Business Days after receipt of this Exchange Notice, and in any event prior to the cancellation of the Surrendered Notes contemplated by Section 5 above, the Borrower shall make payment in cash in accordance with Section 2.3(f) of the Term Loan Agreement of all accrued and unpaid interest specified in Section 2 above. Thank you in advance for your prompt attention to this Exchange Notice. Very truly yours, By: ------------------------------------------ Name: Title: cc: United States Trust Company of New York, in its capacity as Exchange Note Indenture Trustee
Sample 1
Payment of Accrued and Unpaid Interest. On the Effective Date, Borrower shall pay to Agent for the account of Lenders, all accrued and unpaid interest on the Base Rate Loan through and including June 28, 2001.
Sample 1
Payment of Accrued and Unpaid Interest. Substantially simultaneously with the exchange and refinancing of Tranche B-1 Terms Loans as contemplated hereby, the Borrower shall pay to the Lenders with Tranche B-1 Term Loans accrued and unpaid interest on their respective Tranche B-1 Term Loans as described in the above Recitals.
Sample 1
Payment of Accrued and Unpaid Interest. Not later than three Business Days after receipt of this Exchange Notice, and in any event prior to the cancellation of the Surrendered Notes contemplated by Section 5 above, the Borrower shall make payment in cash in accordance with Section 2.5(e) of the Bridge Loan Agreement of all accrued and unpaid interest specified in Section 2(i) above. Thank you in advance for your prompt attention to this Exchange Notice. Very truly yours, --------------------------------- [By:_____________________________ Name: Title:] cc: Simmxxx Xxxpany [Exchange Note Indenture Trustee]
Sample 1
Payment of Accrued and Unpaid Interest. Substantially simultaneously with the exchange and refinancing of Initial Terms Loans as contemplated hereby, the Borrower shall pay to the Lenders with Initial Term Loans accrued and unpaid interest on their respective Initial Term Loans as described in above Recitals.
Sample 1
Payment of Accrued and Unpaid Interest. Not later than three Business Days after receipt of this Exchange Notice, and in any event prior to the cancellation of the Surrendered Notes contemplated by Section 5 above, the Company shall make payment of all accrued and unpaid interest specified in Section 2 above in accordance with Sections 2.6 and 2.7 of the Credit Agreement. Thank you in advance for your prompt attention to this Exchange Notice. Very truly yours, [Name of Lender] By: Name: Title:
Sample 1
AutoNDA by SimpleDocs
Payment of Accrued and Unpaid Interest. The Borrower shall have paid to each Existing Lender holding Term Loans immediately prior to the Amendment No. 3 Effective Date all accrued and unpaid interest on such Term Loans held by such Existing Lender to, but not including, the Amendment No. 3
Sample 1
Payment of Accrued and Unpaid Interest. Not later than five Business Days after the Exchange Date, and in any event prior to the cancellation of the Surrendered Notes contemplated by Section 5 above, the Borrower shall make payment in cash in accordance with Section 2.3(g) of the Bridge Loan Agreement of all accrued and unpaid interest specified in Section 2 above.
Sample 1

Related to Payment of Accrued and Unpaid Interest

  • Accrued and Unpaid Inv Servicing Fees Recv'd 0.00 End. Accrued and Unpaid Inv. Servicing Fees 0.00 Number of Mortgage Loans Retransferred pursuant 0 to 2.07 Cumulative Number of Mortgage Loans Retransferred 0 pursuant to 2.07 Mortgage Loans Retransferred pursuant to 2.07 ($) 0.00 Cumulative Mortgage Loans Retransferred pursuant 0.00 to 2.07 ($) Aggregate Investor Liquidation Loss Amount 688,431.28 Investor Loss Reduction Amount 0.00 Beginning Pool Balance 450,027,320.94 Ending Pool Balance 430,145,011.75 Beginning Invested Amount 430,483,757.30 Ending Invested Amount 410,633,629.93 Beginning Seller Principal Balance 19,543,563.64 Ending Seller Principal Balance 19,511,381.82 Additional Balances 878,396.57 Beginning Funding Account Balance 0.00 Ending Funding Account Balance 0.00 Ending Funding Account Balance % (before any 0.00% purchase of Subsequent Loans or release to Certs.) Ending Funding Account Balance % (after purchase 0.00% of Subsequent Loans or release to Certs.) Principal Balance of Subsequent Funding Loans $0.00 Purchased in Period Principal Collections to purchase Additional $0.00 Balances and/or paid to Cert. Investment Earnings on Funding Account $0.00 Excess Funding Amount $0.00 Beginning Spread Account Balance 2,786,983.00 Ending Spread Account Balance 2,786,983.00 Beginning Seller Interest 4.34% Ending Seller's Interest 4.54% Delinquency & REO Status 30 - 59 days (Del Stat 1) No. of Accounts Trust Balance 980 60 - 89 days (Del Stat 2) 34,489,784.62 No. of Accounts 267 Trust Balance 8,626,866.55 90+ (Del Stat 3+) No. of Accounts 524 Trust Balance 17,547,056.20 REO No. of Accounts 83 Trust Balance 3,084,139.44 Rapid Amortization Event ? No Failure to make payment within 5 Business Days No of Required Date ? Failure to perform covenant relating to No Trust's Security Interest ? Failure to perform other covenants as No described in the Agreement ? Breach of Representation or Warranty ? No Bankruptcy, Insolvency or Receivership No relating to Seller ? Subject to Investment Company Act of 1940 No Regulation ? Servicing Termination ?

  • ACCRUED AND UNPAID AMOUNTS After giving effect to the withdrawals and transfers to be made in accordance with this notice, the following amounts will be accrued and unpaid with respect to all Monthly Periods preceding the current calendar month.

  • Payment of accrued interest In the case of an Interest Period longer than 3 months, accrued interest shall be paid every 3 months during that Interest Period and on the last day of that Interest Period.

  • Accrued Interest Each prepayment of a Borrowing shall be accompanied by accrued interest to the extent required by Section 2.12.

  • Payment of accrued default interest Subject to the other provisions of this Agreement, any interest due under this Clause shall be paid on the last day of the period by reference to which it was determined; and the payment shall be made to the Agent for the account of the Creditor Party to which the overdue amount is due.

  • Payment of Interest and Principal The principal of and interest on this Revolving Credit Note shall be due and payable as provided in the Loan Agreement. Subject to the terms of the Loan Agreement, the principal and interest due hereunder shall be evidenced by the Administrative Agent’s and the Lender’s records which, absent manifest error, shall be conclusive evidence of the computation of principal and interest balances owed by the Borrowers to the Lender.

  • Interest Unpaid Class Accrued Certificate Interest Shortfalls Interest Class Interest Payable Pay-out Rate ----- -------- ------------------- ------- ------------ P $ 0.00 $ 0.00 $ 0.00 % 0.000000000 IA1 $ 593,679.34 $ 0.00 $ 593,679.34 % 6.625000047 IA2 $ 5,541.67 $ 0.00 $ 5,541.67 % 7.000004211 IA3 $ 109,312.50 $ 0.00 $ 109,312.50 % 6.625000000 IA4 $ 7,232.29 $ 0.00 $ 7,232.29 % 6.624998473 IA5 $ 142,794.92 $ 0.00 $ 142,794.92 % 6.624999938 IA6 $ 60,796.63 $ 0.00 $ 60,796.63 % 6.624999864 IA7 $ 4,598.44 $ 0.00 $ 4,598.44 % 6.750003670 IA8 $ 14,953.40 $ 0.00 $ 14,953.40 % 6.210001921 IA9 $ 3,828.65 $ 0.00 $ 3,828.65 % 7.090902356 IA10 $ 1,083.58 $ 0.00 $ 1,083.58 %10.000046144 IIA1 $ 894,883.84 $ 0.00 $ 894,883.84 % 7.000000035 IIA2 $ 0.00 $ 0.00 $ 0.00 % 0.000000000 AR $ 0.00 $ 0.00 $ 0.00 % 0.000000000 X $ 221,707.95 $ 0.00 $ 221,707.95 % 6.624999867 M $ 48,760.65 $ 0.00 $ 48,760.65 % 6.625000364 B1 $ 28,172.81 $ 0.00 $ 28,172.81 % 6.624999075 B2 $ 23,838.54 $ 0.00 $ 23,838.54 % 6.625000838 B3 $ 11,919.27 $ 0.00 $ 11,919.27 % 6.625000838 B4 $ 6,501.42 $ 0.00 $ 6,501.42 % 6.625001846 B5 $ 10,835.71 $ 0.00 $ 10,835.71 % 6.624998992

  • Payment of Interest and Fees Notwithstanding any other provision of this Agreement or any provision of any Related Document, Borrower does not agree or intend to pay, and Lender does not agree or intend to charge, collect, take, reserve or receive (collectively referred to herein as “charge or collect”), any amount in the nature of interest or in the nature of a fee for the Loan which would in any way or event (including demand, prepayment, or acceleration) cause Lender to contract for, charge or collect more for the Loan than the maximum Lender would be permitted to charge or collect by any applicable federal or Texas state law. Any such excess interest or unauthorized fee will, instead of anything stated to the contrary, be applied first to reduce the unpaid principal balance of the Loan, and when the principal has been paid in full, be refunded to Borrower.

  • Repayment of Interest and Principal Except as otherwise provided herein, the Company will repay the outstanding principal amount of this Note within fourteen (14) Business Days of the Offering Funding Date (the “Maturity Date”). This Note does not bear interest. At the option of the Lender, funds available for repayment of the loan may be held in a Company account, interest free, after the Maturity Date. Such funds shall not be used or otherwise pledged until such time as the Company and Lender have entered into another note.

  • Payments of Interest and Principal (a) Any installment of interest or principal, if any, payable on any Class A(2017-5) Note which is punctually paid or duly provided for by the Issuer and the Indenture Trustee on the applicable Interest Payment Date or Principal Payment Date shall be paid by the Paying Agent to the Person in whose name such Class A(2017-5) Note (or one or more Predecessor Notes) is registered on the Record Date, by wire transfer of immediately available funds to such Person’s account as has been designated by written instructions received by the Paying Agent from such Person not later than the close of business on the third Business Day preceding the date of payment or, if no such account has been so designated, by check mailed first-class, postage prepaid to such Person’s address as it appears on the Note Register on such Record Date, except that with respect to Notes registered on the Record Date in the name of the nominee of Cede & Co., payment shall be made by wire transfer in immediately available funds to the account designated by such nominee.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!