Payment Schedule and Maturity Date. (a) The entire Principal Debt then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued unpaid interest shall be due and payable in arrears on the first day of the first calendar month after the Closing Date and on the same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the Loan shall have been fully paid and satisfied.
Appears in 5 contracts
Samples: Loan Agreement (KBS Real Estate Investment Trust II, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.), Loan Agreement (KBS Real Estate Investment Trust III, Inc.)
Payment Schedule and Maturity Date. (a) The entire Principal Debt then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued unpaid interest shall be due and payable in arrears on the first day of the first calendar month after the Closing Date date of this Agreement and on the same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the this Loan shall have been fully paid and satisfied.
Appears in 2 contracts
Samples: Loan Agreement (Acadia Realty Trust), Rents and Security Agreement (Acadia Realty Trust)
Payment Schedule and Maturity Date. (a) The entire Principal Debt principal balance ---------------------------------- of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued unpaid interest shall be due and payable in arrears on the first (1st) day of the first calendar month after the Closing Date date of this Agreement and on the same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the this Loan shall have been fully paid and satisfied.
Appears in 1 contract
Samples: Construction Loan Agreement (Wells Real Estate Investment Trust Inc)
Payment Schedule and Maturity Date. (a) The entire Principal Debt principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued Prior to maturity, accrued and unpaid interest shall be calculated to the last day of each month commencing on August 31, 2017 and shall be due and payable in arrears on the first day of the first calendar each month after the Closing Date and commencing on the same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the Loan shall have been fully paid and satisfiedSeptember 1, 2017.
Appears in 1 contract
Samples: Loan Agreement (KBS Strategic Opportunity REIT II, Inc.)
Payment Schedule and Maturity Date. (a) The entire Principal Debt principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full on the Maturity Date. Accrued unpaid interest shall be due and payable in arrears on the first 15th day of the first calendar month after the Closing Date and on the same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the Loan shall have been fully paid and satisfied.
Appears in 1 contract
Samples: Loan Agreement (Skechers Usa Inc)