Common use of Repayment of Growth Capital Loans Clause in Contracts

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus interest at the Designated Rate, in advance, in equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender Agent (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occursoccurs (it being understood that this clause (i) shall not apply in the case the Borrowing Date is on the same date as the Loan Commencement Date), and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower Bxxxxxxx shall pay to Lender Agent interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the end of the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower Bxxxxxxx shall pay to Lender principal, plus interest at the Designated Rate, in advance, in Agent equal consecutive monthly principal installments in advance in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period, plus interest at the Designated Rate for such month. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occursoccurs (it being understood that this clause (i) shall not apply in the case the Borrowing Date is on the same date as the Loan Commencement Date), and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the end of the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus interest at the Designated Rate, in advance, in equal consecutive monthly principal installments in advance in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period, plus interest at the Designated Rate for such month. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender Agent (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occursoccurs (it being understood that this clause (i) shall not apply in the case the Borrowing Date is on the same date as the Loan Commencement Date), and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower shall pay to Lender Agent interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the end of the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus interest at the Designated Rate, in advance, in Agent equal consecutive monthly principal installments in advance in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period, plus interest at the Designated Rate for such month. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender Agent (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occursoccurs (it being understood that this clause (i) shall not apply in the case the Borrowing Date is on the same date as the Loan Commencement Date), and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower Xxxxxxxx shall pay to Lender Agent interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the end of the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower Xxxxxxxx shall pay to Lender principal, plus interest at the Designated Rate, in advance, in Agent equal consecutive monthly principal installments in advance in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period, plus interest at the Designated Rate for such month. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable.

Repayment of Growth Capital Loans. Principal of, of and interest on, on each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as of Exhibit “A”)” hereto) evidencing such Loan, which Note shall provide substantially as follows: principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of 30 months in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rateinstallments, commencing after the Interestan initial 6-only Period month period of interest-only installments at the Designated Rateonly, monthly payments. In particular, on the Borrowing Date applicable to such the Growth Capital LoanLoan evidenced by such Note, Borrower shall pay to Lender (i) if the Borrowing Date is earlier than not the Loan Commencement Date, first day of the month interest only at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Growth Capital Loan evidenced by such Note, for the period from the such Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the a first (1st) interest-interest only installment at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date Date, and continuing on the first (1st) day of each month during the Interest-only Period thereafterthird through the sixth full months after the Borrowing Date, Borrower shall pay to Lender interest only at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Loan evidenced by such this Note for the ensuing month. Commencing on the first (1st) day of the first (1st) seventh full calendar month after the Interest-only PeriodBorrowing Date, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus principal and interest at the Designated RateRate shall be payable, in advance, in 30 equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over Note. Borrower shall pay the Amortization Period. On Terminal Payment on the Maturity Date, all principal and accrued interest then remaining unpaid and date of the Final Payment shall be due and payablelast amortization payment.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially (or incorporate by reference to this Supplement) as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender Agent (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occursoccurs (it being understood that this clause (i) shall not apply in the case the Borrowing Date is on the same date as the Loan Commencement Date), and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower Bxxxxxxx shall pay to Lender Agent interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the end of the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower Bxxxxxxx shall pay to Lender principal, plus interest at the Designated Rate, in advance, in Agent equal consecutive monthly principal installments in advance in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period, plus interest at the Designated Rate for such month. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment (less any amount of the Final Payment prepaid pursuant to Part 2, Section 2(iv)(y) below in connection with any partial prepayment of the Loans) shall be due and payable.

Repayment of Growth Capital Loans. Principal of, of and interest on, on each Growth Capital Loan funded under each Lender’s Commitment shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as of Exhibit “A”)” hereto) evidencing such Loan, which Note shall provide substantially as follows: principal . Principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of 30 months in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rateinstallments, commencing after the Interest-only Period an initial six (6) month period of interest-only installments at the Designated Ratemonthly payments. In particular, on the Borrowing Date applicable to such the Growth Capital LoanLoan evidenced by such Note, Borrower shall pay to Lender (i) if the Borrowing Date is earlier than not the Loan Commencement Datefirst day of the month, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan evidenced by such Note, for the period from the such Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the first (1st) interest-interest only installment at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan evidenced by such Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date Date, and continuing on the first (1st) day of each month during of the Interest-only Period thereafterthird, fourth, fifth and sixth full months, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) seventh full calendar month after the Interest-only PeriodBorrowing Date, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus principal and interest at the Designated RateRate shall be payable, in advance, in 30 equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payableNote.

Repayment of Growth Capital Loans. Principal of, of and interest on, on each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of thirty (30) months in equal, monthly principal installments plus, in each case, unpaid interest thereon at (the Designated Rate“Amortization Period”), commencing after an initial 6-month period of interest-only, monthly payments at the Interest-only Period of interest-only installments at the Designated Only Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower Borrowers shall pay to Lender (i) if the Borrowing Date is earlier than not the Loan Commencement Datefirst day of the month, interim interest only at the Designated Ratea rate per month equal to 1.083%, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the first (1st) interest-only installment payment at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on On the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during of the third, fourth, fifth and sixth months thereafter, Borrowers shall pay interest at the Interest-only Period thereafter, Borrower shall pay to Lender interest only at the Designated Only Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) seventh full month after the Interest-only PeriodBorrowing Date, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus principal and interest at the Designated RateRate shall be payable, in advance, in thirty (30) equal consecutive monthly installments in an amount sufficient to fully amortize the Growth Capital Loan evidenced by such Note over the Amortization PeriodNote. On the Maturity Date, all principal and accrued interest then remaining unpaid and the The Final Payment on such Growth Capital Loan shall be due and payablepayable on the same date that the thirtieth (30th) payment is due.

Repayment of Growth Capital Loans. (i) Repayment of Growth Capital Loans funded on or before August 31, 2007. Principal of, of and interest on, on each Growth Capital Loan funded on or before August 31, 2007 shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as of Exhibit “A”)” hereto) evidencing such Loan, which Note shall provide substantially as follows: principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of 30 months in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rateinstallments, commencing after the Interestan initial 6-only Period month period of interest-only installments at the Designated Rateonly, monthly payments. In particular, on the Borrowing Date applicable to such the Growth Capital LoanLoan evidenced by such Note, Borrower shall pay to Lender (i) if the Borrowing Date is earlier than not the Loan Commencement Date, first day of the month interest only at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Growth Capital Loan evidenced by such Note, for the period from the such Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the a first (1st) interest-interest only installment at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date Date, and continuing on the first (1st) day of each month during the Interest-only Period thereafterthird through the sixth full months after the Borrowing Date, Borrower shall pay to Lender interest only at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Loan evidenced by such this Note for the ensuing month. Commencing on the first (1st) day of the first (1st) seventh full calendar month after the Interest-only PeriodBorrowing Date, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus principal and interest at the Designated RateRate shall be payable, in advance, in 30 equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over Note. Borrower shall pay the Amortization Period. On Terminal Payment on the Maturity Date, all principal and accrued interest then remaining unpaid and date of the Final Payment shall be due and payablelast amortization payment.

Repayment of Growth Capital Loans. Principal of, of and interest on, on each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of thirty (30) months in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period an initial period of interest-only installments monthly payments at the Designated RateRate ending on October 31, 2019 (such period of interest-only monthly payments being referred to herein as the “Interest-only Period”). In particular, on the Borrowing Date applicable to such each Growth Capital Loan, Borrower Borrowers shall pay to Lender Lender: (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, ; and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note for the ensuing month. Commencing on the first day of the second full month after the Borrowing Date and continuing on the first day of each consecutive month thereafter up to and including October 1, 2019, Borrowers shall pay to Lender interest at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafterNovember 1, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the Interest-only Period2019, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower Borrowers shall pay to Lender principal, plus interest at the Designated Rate, in advance, in thirty (30) equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payableinstallments.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to each such Growth Capital Loan, Borrower shall pay to Lender Lender: (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, ; and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note for the ensuing month. Commencing on the first day of the second full month after the Borrowing Date, and continuing on the first day of each consecutive full month thereafter up to and including February 1, 2022, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafterOn March 1, Borrower shall pay to Lender interest only at the Designated Rate2022, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the Interest-only PeriodLoan, together with any accrued and continuing on the first (1st) day of each consecutive calendar month thereafterunpaid interest thereon, Borrower shall pay to Lender principal, plus interest at the Designated Rate, in advance, in equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable. In lieu of repaying principal in full on March 1, 2022, Lender acknowledges and agrees that so long as no Event of Default has occurred and is continuing, Borrower shall have the option (the “Extension Option”) of (a) extending the repayment terms by commencing a 12-month amortization commencing March 1, 2022 (i.e., making 12 equal amortization payments from and after such date) or (b) extending the repayment terms by commencing a 24-month amortization commencing March 1, 2022 (i.e., making 24 equal amortization payments from and after such date). To activate the Extension Option, Borrower shall provide written notice to Lender between February 1, 2022 and February 15, 2022. If Borrower exercises the Extension Option then Borrower acknowledges that Lender may request Borrower issue to Lender one or more amended and restated Notes or otherwise execute and deliver such documents as Lender may reasonably request to amend the previously-issued Notes to reflect the applicable revised repayment terms.

Repayment of Growth Capital Loans. Principal of, of and interest on, on each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of thirty (30) months in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rateinstallments, commencing after the Interest-only Period a nine (9) month period of interest-only installments payments at the Designated Interest-Only Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender Lender: (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Interim Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the a first (1st) interest-interest only installment at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafterthird, fourth, fifth, sixth, seventh, eighth and ninth full months after the Borrowing Date, Borrower shall pay to Lender interest only at the Designated Interest-Only Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) tenth full month after the Interest-only Period, Borrowing Date and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus principal and interest at the Designated RateRate shall be payable, in advance, in 30 equal consecutive monthly installments in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Periodinstallments. On the Maturity Date, all principal and accrued interest then remaining unpaid and Borrower shall pay the Final Payment shall be to Lender on the date on which the final amortization payment is due and payable. For purposes of illustration and not of limitation, attached hereto as Exhibit “H” is an Amortization Schedule that describes the repayment term of the Loan based upon the facts set forth therein for purposes of such illustration.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal shall be fully amortized over the Amortization Period in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rate, commencing after the end of the Interest-only Period of interest-only installments at the Designated Rate. In particular, on the Borrowing Date applicable to such Growth Capital Loan, Borrower shall pay to Lender (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the end of the Interest-only Period, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower shall pay to Lender principal, plus interest at the Designated Rate, in advance, in equal consecutive monthly principal installments in advance in an amount sufficient to fully amortize the Loan evidenced by such Note over the Amortization Period, plus interest at the Designated Rate for such month. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payable.

Repayment of Growth Capital Loans. Principal of, and interest on, each Growth Capital Loan shall be payable as set forth in a Note evidencing such Growth Capital Loan (substantially in the form attached hereto as Exhibit “A”), which Note shall provide substantially as follows: principal and interest at the Designated Rate shall be fully amortized over the Amortization Period a period of thirty (30) months in equal, monthly principal installments plus, in each case, unpaid interest thereon at the Designated Rateinstallments, commencing after the Interestan initial 6-only Period month period of interest-only installments monthly payments at the Designated Rate. In particular, on the Borrowing Date applicable to each such Growth Capital Loan, Borrower shall pay to Lender Lender: (i) if the Borrowing Date is earlier than the Loan Commencement Date, interest only at the Designated Rate, in advance, on the outstanding principal balance of the Growth Capital Loan for the period from the Borrowing Date through the last day of the calendar month in which such Borrowing Date occurs, ; and (ii) the first (1st) interest-only installment at the Designated Rate, in advance, on the outstanding principal balance of the Note for the ensuing month. Commencing on the first day of the second full month after the Borrowing Date, and continuing on the first day of each of the third, fourth, fifth and sixth consecutive full month thereafter, Xxxxxxxx shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Note evidencing such Loan for the ensuing month. Commencing on the first day of the second (2nd) seventh full month after the Borrowing Date and continuing on the first (1st) day of each month during the Interest-only Period thereafter, Borrower shall pay to Lender interest only at the Designated Rate, in advance, on the outstanding principal balance of the Loan evidenced by such Note for the ensuing month. Commencing on the first (1st) day of the first (1st) full month after the Interest-only PeriodDate, and continuing on the first (1st) day of each consecutive calendar month thereafter, Borrower Xxxxxxxx shall pay to Lender principal, plus interest at the Designated Rate, in advance, in thirty (30) equal consecutive monthly installments installments. Notwithstanding anything in this Section 1(e) to the contrary, if Borrower has been operating profitably during the initial 6-month interest only period of a corresponding Growth Capital Loan then, at the option of Borrower, such the interest-only period may be extended by an amount sufficient additional six months, with the 30-month amortization period commencing on the first day of the thirteenth full month after the Borrowing Date of such Loan. If such extension is made then Xxxxxxxx agrees to fully amortize the Loan evidenced execute and deliver to Xxxxxx a replacement Note following a request by such Note over the Amortization Period. On the Maturity Date, all principal and accrued interest then remaining unpaid and the Final Payment shall be due and payableXxxxxx therefor.