Principal Payments. Amortizing payments of the Principal Amount shall be made by the Company on October 1, 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 Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $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 Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 2 contracts
Samples: Note (Pervasip Corp), Note Agreement (Elec Communications Corp)
Principal Payments. Amortizing payments of the Principal Amount shall be made by the Company on October 1, 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 Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 15,000 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 Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 2 contracts
Samples: Note (Pervasip Corp), Note Agreement (Elec Communications Corp)
Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount Amount") shall be made by the Company on October December 1, 2009 2005 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 Company shall make monthly payments to the Holder on each Amortization Repayment Date, each such payment in the amount of $85,000 15,625 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 Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 2 contracts
Samples: Secured Convertible Term Note (On the Go Healthcare Inc), Secured Convertible Term Note (On the Go Healthcare Inc)
Principal Payments. Amortizing payments of the Principal Amount shall be made made, jointly and severally, by the Company Companies on October 1, 2009 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 Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 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 Purchase Security Agreement and/or any other Related 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 Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Convertible Note Agreement (ProLink Holdings Corp.)
Principal Payments. Amortizing payments of the Principal Amount shall be made by the Company on October March 1, 2009 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 Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 14,545.45 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 Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Convertible Note (General Environmental Management, Inc)
Principal Payments. Amortizing payments of the Principal Amount shall be made by the Company on October March 1, 2009 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 Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 15,757.58 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 Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Convertible Note Agreement (General Environmental Management, Inc)
Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the “Principal Amount Amount”) shall be made by the Company on October 1, 2009 and commencing on the first business day of each succeeding consecutive calendar month thereafter hereafter through and including the Maturity Date Date, and on the Maturity Date, whether by acceleration or otherwise (each, an “Amortization Date”). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 9,263.13 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 Purchase Agreement and/or any other Related Agreement Note (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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement Note shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the Principal Amount aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on October August 1, 2009 2006 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an “Amortization Date”"AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 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 to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the “Monthly Amount”"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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Secured Convertible Term Note (Incentra Solutions, Inc.)
Principal Payments. Amortizing payments of the Principal Amount shall be made made, jointly and severally, by the Company Companies commencing on October 1, 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 Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 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 Purchase Security Agreement and/or any other Related 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 Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Note (Rapid Link Inc)
Principal Payments. Amortizing payments of the Principal Amount shall be made by the Company on October 1February 28, 2009 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 Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 104,166.66 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 Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (Modtech Holdings Inc)
Principal Payments. Amortizing payments of the Principal Amount aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on October September 1, 2009 2005 and on the first business day of each succeeding month thereafter through and including until the Maturity Date (each, an “Amortization Date”"AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Amortization Repayment Date, each such payment in the amount of $85,000 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 to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the “Monthly Amount”"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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the Principal Amount aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on October November 1, 2009 2005 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an “Amortization Date”"AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Amortization Repayment Date, each such payment in the amount of $85,000 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 to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the “Monthly Amount”"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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the Principal Amount shall be made by the Company on October 1, 2009 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 Company shall make monthly payments a payment to the Holder of the outstanding Principal Amount of $21,884.34, and on each Amortization DateDate thereafter, each such payment the Company shall make payments in the amount of $85,000 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 to the Holder under this Note, the Purchase Agreement and/or any other 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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.”
Appears in 1 contract
Principal Payments. Amortizing payments of the Principal Amount shall be made made, jointly and severally, by the Company Companies commencing on October 1, 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 Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Amortization Date, each such payment in the amount of $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 Purchase Security Agreement and/or any other Related 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 Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Note (Rapid Link Inc)
Principal Payments. Amortizing payments of the Principal Amount aggregate principal amount outstanding under this Note at any time (the "PRINCIPAL AMOUNT") shall be made by the Company on October 1June 30, 2009 2007 and on the first business day of each succeeding month thereafter through and including the Maturity Date (each, an “Amortization Date”"AMORTIZATION DATE"). Subject to Article III below, commencing on the first Amortization Date, the Company shall make monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 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 to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement (collectively, the “Monthly Amount”"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 Company to the Holder under this Note, the Purchase Agreement and/or any other Related Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Principal Payments. Amortizing payments of the Principal Amount shall be made made, jointly and severally, by the Company Companies on October 1, 2009 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 Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 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 Purchase Security Agreement and/or any other Related 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 Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Convertible Note Agreement (ProLink Holdings Corp.)
Principal Payments. Amortizing payments of the Principal Amount shall be made made, jointly and severally, by the Company Companies on October 1, 2009 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 Company Companies shall make make, jointly and severally, monthly payments to the Holder on each Amortization Date, each such payment in the amount of $85,000 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 Purchase Security Agreement and/or any other Related 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 Company Companies to the Holder under this Note, the Purchase Security Agreement and/or any other Related Ancillary Agreement shall be due and payable on the Maturity Date.
Appears in 1 contract
Samples: Convertible Note Agreement (ProLink Holdings Corp.)