Common use of Payment of Principal and Accrued Interest Clause in Contracts

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 28th day of each month. b. The principal amount of this Note shall be payable in monthly installments on the basis of a twenty-four month amortization schedule beginning after the first anniversary of the Effective Date, with principal amortization payments of One Hundred and Four Thousand One Hundred Sixty Six Dollars and Sixty-Seven Cents ($104,166.67) payable on the 28th day of each month beginning February 28, 2017 until the Maturity Date. The unamortized principal amount of this Note shall be payable on the Maturity Date.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 28th 21st day of each month. b. The principal amount of this Note shall be payable in monthly installments on the basis of a twenty-four month amortization schedule beginning after the first anniversary of the Effective Date, with principal amortization payments of Two Hundred Ninety One Thousand Six Hundred and Four Thousand One Hundred Sixty Sixty-Six Dollars and Sixty-Seven Cents ($104,166.67291,666.67) payable on the 28th 21st day of each month beginning February 28April 21, 2017 until the Maturity Date. The unamortized principal amount of this Note shall be payable on the Maturity Date.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 28th 21st day of each month. b. The principal amount of this Note shall be payable in monthly installments on the basis of a twenty-four month amortization schedule beginning after the first anniversary of the Effective Date, with principal amortization payments of Two Hundred Ninety One Thousand Six Hundred and Four Thousand One Hundred Sixty Sixty-Six Dollars and Sixty-Seven Cents ($104,166.67291,666.67) payable on the 28th 21st day of each month beginning February 28April 21, 2017 until the Maturity Date. The unamortized principal amount of this Note shall be payable on the Maturity Date.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 28th 21st day of each month. b. The principal amount of this Note shall be payable in monthly installments on the basis of a twenty-four month amortization schedule beginning after the first anniversary of the Effective Dateon March 21, 2017, with principal amortization payments of One Twenty Thousand Eight Hundred and Four Thousand One Hundred Sixty Six Thirty-Three Dollars and SixtyThirty-Seven Four Cents ($104,166.6720,833.34) payable on the 28th 21st day of each month beginning February 28April 21, 2017 until the Maturity Date. The unamortized principal amount of this Note shall be payable on the Maturity Date.