Repayment of Principal Amount. The principal amount of this Note, initially US$330,000.00, may be prepaid at any time and shall be subject to the following upward adjustments, subject to the payment period upon which the date all amounts hereunder are paid in full by the Borrower occurs, as follows:
Repayment of Principal Amount. Borrower shall repay the entire unpaid principal amount of the Bridge Loan on the Maturity Date. Borrower shall have the right to prepay without penalty all or any portion of the principal amount of the Bridge Loan at any time prior to the Maturity Date. All prepayments shall be credited first to accrued and unpaid interest on the Note and second to the principal amount of the Note.
Repayment of Principal Amount. The Borrower shall repay the Principal Amount, together with any accrued and unpaid interest, on the Maturity Date.
Repayment of Principal Amount. The unpaid Principal Amount, together with all accrued and unpaid interest thereon, shall be due and payable on or before the earliest of (a) the Maturity Date; (b) upon a Change of Control; and (c) the date the Principal Amount otherwise becomes due and payable by acceleration pursuant to Section 4.2.
Repayment of Principal Amount. The Loans shall be repayable in the manner specified in each Note. Except as provided in the applicable Note, the Company shall not be permitted to prepay or accelerate the maturity of the interest or principal amount of any such Note voluntarily.
Repayment of Principal Amount. (a) Subject to the terms of this Section 2.04, the Borrower hereby unconditionally promises to pay to the Lender on each Maturity Date the then outstanding and unpaid Principal Amount.
(b) Except where payment of the outstanding and unpaid Principal Amount has been accelerated pursuant to the terms of this Agreement, the Borrower shall only be required to repay the outstanding and unpaid Principal Amount pursuant to Section 2.04(a) to the extent that the Borrower has received Applicable Proceeds equal to such amount.
(c) To the extent any portion of the Principal Amount shall remain outstanding and unpaid after a Maturity Date as a result of the limitation set forth in Section 2.04(b), such portion of the Principal Amount that remains outstanding and unpaid shall be due and payable, and the Borrower shall pay to the Lender such amount, on the next Maturity Date.
Repayment of Principal Amount. Subject to the provisions of Section 2.5 below, the Principal Amount shall be due and payable in twenty four (24) consecutive, equal monthly installments of $104,166.66, commencing thirteen (13) months after the Closing Date and continuing on the same day of each of the following twenty three (23) months (and if such day is not a Business Day, then on the first Business Day thereafter), with the last installment becoming due and payable on the third (3rd) anniversary of the Closing Date.
Repayment of Principal Amount. The entire outstanding Loan Amount shall be due and payable on January 31, 2014.
Repayment of Principal Amount. The Lender and the Borrower confirm that the Principal Amount will be repaid upon demand. Interest accrued and compounded annually on the Principal Amount shall be at a rate of 6% per annum.
Repayment of Principal Amount. The Borrower shall repay the Principal Amount, together with any accrued and unpaid interest, as follows:
(a) on the first anniversary of the Closing Date, the amount of $710,000, as partial repayment of the outstanding Principal Amount, together with the amount of $1,100,000 representing the accrued interest to date on the outstanding Principal Amount; and
(b) on the second anniversary of the Closing Date, the amount of $1,290,000, as the remaining repayment of the outstanding Principal Amount, together with the amount of $709,500 representing the additional accrued interest on the outstanding Principal Amount.
