Repayment of Loan Principal. 1. Loan shall be settled monthly on the 20th day of each month.
Repayment of Loan Principal. 1. Borrower shall repay the interest monthly and the principal on the maturity date.
Repayment of Loan Principal. 1. Borrower shall repay all the loan under this contract (RMB 10,000,000) no later than 12 months after the actual withdrawal date, and not later than March 24, 2018
Repayment of Loan Principal. The Manager will then make any payments of principal required pursuant to the Loan Documents entered into by the Authority. Such payments due shall be paid out of the Authority’s share of Net Revenue. Notwithstanding anything herein to the contrary, in the event that the Parties are required to pay points, a loan origination fee, a placement agent fee, or similar compensation to any Financial Institution or agent, as a condition for receipt of the Loan for the Project, the Parties agree to share such fee based on their respective shares of Net Revenues under this Agreement. The Parties will contribute their share of the fee at closing of the Loan unless otherwise mutually agreed, provided that such fee may be financed from and added to the principal of the Loan, subject to the Manager’s delivery of a promissory note in form and substance satisfactory to the Authority in the principal amount of the Manager’s share of such fee, with a term and principal amortization schedule not in excess of the Term of this Agreement, and bearing interest at a rate equivalent to the rate payable on the Loan.
Repayment of Loan Principal. The Borrower shall repay to the Lender the principal amount of Loan in consecutive quarterly installments commencing on April 1, 2005 and continuing on the first Business Day of each month thereafter, as follows:
Repayment of Loan Principal. 1.1. The definition of Principal Payment Dates contained in Section 1.1 of the Loan Agreement is amended and restated in its entirety to read as follows: “ ‘Principal Payment Dates’ shall have the meaning so ascribed in Section 2.2(e).”
Repayment of Loan Principal. Until repaid in full, the Manager shall be entitled to an amount sufficient to repay principal due on the Loan. The principal amounts due under this Section 6.5 shall be paid out of the Tribe’s share of Net Revenues in monthly payments amortized over the Term of this Agreement. In the event that there are insufficient Net Revenues in a given month to make the principal payment, then the shortfall shall be paid to Manager in the next succeeding month or months as a Recoupment Payment under section 6.6 herein. Notwithstanding anything herein to the contrary, in the event that the Parties are required to pay points or a loan origination fee as a condition for receipt of the Loan for the Project, the Parties agree to share the cost of the points or loan origination fee based on their respective shares of Net Revenues under this Agreement. The Parties will contribute their share of the fee during the term of this Agreement.
Repayment of Loan Principal. 1. If Borrower repays the loan prior to the maturity date, the loan interest shall be the interest specified in this contract plus [●]%.
Repayment of Loan Principal. 1. Part B should repay the loan principal in full upon maturity. In case that Party B fails to repay the loan as scheduled, a one-month notice should be given to Party A and negotiation with Party A should be conducted in respect of the detailed plan for principal repayment. 2. If Party B intends to repay the loan principal prior to its maturity, a 7-day notice should be given to Party A in order to obtain Party A's approval. In case of early repayment, Party A has the right to charge Party B one month extra interest on the repaid loan principal. If the earlier repayment date is less than one month to maturity, the interest will be charged to maturity. 3. Party B irrevocably authorizes Party A to deduct any accrued interest due and payable from Party B's bank account maintained with Shenzhen Development Bank. 4. If Party A and Party B agreed on repayment by installment, details of Party B's installment payment should be: ___________________________________ _____________________________________________________________________________ ____________________________________________________________.
Repayment of Loan Principal. 1. Borrower shall deposit the loan due on the account appointed by Loaner one day prior to the maturity day and irrevocably authorize Loaner to transfer the funds away.
