Common use of Principal Payments Clause in Contracts

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, by the Companies on June 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: General Environmental Management, Inc

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Principal Payments. (a) Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies on June 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 73,333 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: NewMarket Technology Inc

Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company on June July 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 200,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: New Century Energy Corp.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company commencing on June December 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments of principal to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 119,050 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then due and owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchaser Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Numerex Corp /Pa/

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made by the Companies Company on June September 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including until the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 96,969.70 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Riviera Tool Co

Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made by the Companies Company on June January 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 250,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: New Century Energy Corp.

Principal Payments. (a) Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies on June 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 59,999 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: NewMarket Technology Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies on June February 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing Commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 37,500 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Tarpon Industries, Inc.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made by the Companies Company on June 130, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 27,777.78 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Able Energy Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made in cash by the Companies Company on June August 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing Commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 54,688 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Incentra Solutions, Inc.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, made by the Companies Company on June October 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on On the first Amortization Date, the Companies Company shall make, jointly and severally, monthly payments make a payment to the Holder of the outstanding Principal Amount of $21,884.34, and on each Repayment DateAmortization Date thereafter, each such payment the Company shall make payments in the amount of $60,606.06 together with any 273,532. All payments of the Principal Amount shall be accompanied by accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Applied Digital Solutions Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company on June April 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 66,666.67 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Waiver Agreement (Xfone Inc)

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies commencing on June October 1, 2006 2009 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 65,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Rapid Link Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made by the Companies Company on June November 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 30,303.03 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Naturade Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made in cash by the Companies Company on June April 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 154,761.90 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Datalogic International Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies on June October 1, 2006 2008 and on the first business day Business Day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 24,422.09 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Other Companies (ProLink Holdings Corp.)

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies commencing on June October 1, 2006 2009 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 85,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Rapid Link Inc

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Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company on June February 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 170,833.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Patients & Physicians, Inc.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies on June October 1, 2006 2008 and on the first business day Business Day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 38,938.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Other Companies (ProLink Holdings Corp.)

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") Amount shall be made, jointly and severally, by the Companies on June October 1, 2006 2008 and on the first business day Business Day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies shall make, jointly and severally, monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 38,306.25 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Other Companies (ProLink Holdings Corp.)

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company commencing on June 1July 2, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments of principal to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 238,095 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then due and owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchaser Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Numerex Corp /Pa/

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, by the Companies on June September 1, 2006 2008 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 83,333 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Parent to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: ProLink Holdings Corp.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, by the Companies on June 1December 3, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 45,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Agreement and/or any other Ancillary Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Parent to the Holder under this Note, the Security Agreement and/or any other Ancillary Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Jagged Peak, Inc.

Principal Payments. Amortizing payments of the aggregate principal ------------------- amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made by the Companies Company on June July 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 250,000 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: New Century Energy Corp.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company on June July 1, 2006 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 83,333.33 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Ams Health Sciences Inc

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal AmountPRINCIPAL AMOUNT") shall be made, jointly and severally, made by the Companies Company on June August 1, 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an "Amortization DateAMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Amortization Date, each such payment in the amount of $60,606.06 46,875 together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly AmountMONTHLY AMOUNT"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Incentra Solutions, Inc.

Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall be made, jointly and severally, made by the Companies Company on June 1, 2006 2005 and on the first business day of each succeeding month thereafter through and including until the Maturity Date (each, an "Amortization Date"). Subject to Article III below, commencing on the first Amortization Date, the Companies Company shall make, jointly and severally, make monthly payments to the Holder on each Repayment Date, each such payment in the amount of $60,606.06 75,758 (the “Monthly Principal Amount”) together with any accrued and unpaid interest on such portion of the Principal Amount plus any and all other unpaid amounts which are then owing under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement (collectively, the "Monthly Amount"). Any outstanding Principal Amount together with any accrued and unpaid interest and any and all other unpaid amounts which are then owing by the Companies Company to the Holder under this Note, the Security Purchase Agreement and/or any other Ancillary Related Agreement shall be due and payable on the Maturity Date.

Appears in 1 contract

Samples: Biodelivery Sciences International Inc

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