Payment of Promissory Note. Upon the consummation of the Merger, Advantix shall cause Lasergate, or its successor, to pay to RBB all amounts as they become due under the terms of that certain Promissory Note issued by Lasergate in favor of RBB in the original principal amount of $300,000.
Payment of Promissory Note. The Promissory Note shall bear interest and shall be payable in accordance with the terms and conditions hereof.
Payment of Promissory Note. The Borrower agrees to make the principal and interest payments on the Promissory Note in the manner and amounts and the times and places specified therein.
Payment of Promissory Note. The Purchaser acknowledges its obligation to pay the amounts due and owing under the promissory notes contemplated at paragraph 1.2 herein on or before March 17, 2006, without requirement for demand or notice from the Vendors or the Principals. If the Purchaser fails to make payment of the amounts due under such promissory notes on March 17, 2006, the Vendors and the Principals shall have the option to either:
Payment of Promissory Note. On or prior to the Closing ------------ -------------------------- Date, CHCI shall have paid or cause to be paid in cash from funds other than Post-September 1 Hospitality Revenues all outstanding amounts of principal, interest or other amounts owed under the promissory note dated October 2, 1995 issued by CHC REIT Management Corporation to Patriot American Hospitality, L.P. (now named Patriot American Hotel Notes Partnership, L.P.) in the original principal amount of $3,750,000 and which, as of the next scheduled payment date on October 25, 1997, will have an outstanding balance of principal and accrued interest equal to $4,548,186.
Payment of Promissory Note. Seller hereby directs that Buyer distribute the Purchase Price in immediately available federal funds by wire transfer to Kremxxx xxx Filkxxxx, xxrsuant to wire transfer instructions delivered by Kremxxx xxx Filkxxxx xx Buyer, in payment of the Promissory Note.
Payment of Promissory Note. Upon presentation of that certain Promissory Note dated January 1, 2014, attached hereto as Exhibit A, in the principal amount of $793,151 by DNR to the Company, marked "Paid in Full", the Company shall simultaneously issue 65 fully paid, nonassessable restricted shares of its 7% Series A2 Convertible Preferred Stock, and it shall pay to DNR the sum of $303,229. DNR shall deliver a subscription agreement pursuant to the Memorandum at said time, as well.
Payment of Promissory Note. Until the Promissory Note has been performed in full, the Guarantor shall not have any right to subrogation against Company or OSP, and the Guarantor waives:
Payment of Promissory Note. Reference is made to that certain Promissory Note dated June 17, 1996 (the "PROMISSORY NOTE") payable by Xxxxxxxx, as Maker, to Pacific Technology, as Payee, issued pursuant to that certain Stock Redemption Agreement (the "STOCK REDEMPTION AGREEMENT") by and between Xxxxxxxx and Pacific Technology dated as of may 30, 1996. Xxxxxxxx intends to make full payment on this date, by wire transfer of funds as instructed by Pacific Technology, of principal and accrued interest on the Promissory Note in the aggregate amount of $1,440,801.37. In the event payment is received after October 10, 1996, an additional per diem payment of $354.80 will be due on the Promissory Note.
Payment of Promissory Note. The Corporation has heretofore borrowed from the Seller various amounts. Seller agrees to accept a Promissory Note (Exhibit 1) in the amount of Six hundred ($600,000.00) thousand dollars as payment for all amounts now outstanding. The buyer agrees to pay said Promissory Note as follows:
