Common use of Payment of Interest; Repayment of the Postpetition Loans Clause in Contracts

Payment of Interest; Repayment of the Postpetition Loans. The Borrower will pay interest on the Postpetition Loans on each Monthly Payment Date, commencing on the first Monthly Payment Date following the date on which an Advance is made, and continuing on each Monthly Payment Date thereafter until the Maturity Date. The Borrower authorizes the Postpetition Lender to charge to the Postpetition Loan in an amount equal to any interest payment not made when due. On the Maturity Date, the amount of the then unpaid principal balance of the Postpetition Loan and any and all other amounts due and owing hereunder or under any other Postpetition Financing Document relating to the Postpetition Loan shall be due and payable.