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Common use of Repayment Terms Clause in Contracts

Repayment Terms. Interest and principal and mandatory prepayments shall be due and payable at the times, in the amounts and applied in the manner provided for in the Agreement. Any remaining principal balance, plus any accrued but unpaid interest, shall be fully due and payable on the Maturity Date referenced above, if not sooner paid.

Appears in 12 contracts

Samples: Variable Rate Note (Highwater Ethanol LLC), Long Term Revolving Note (Highwater Ethanol LLC), Variable Rate Note (Highwater Ethanol LLC)

Repayment Terms. Interest and principal and mandatory prepayments shall be due and payable at the times, in the amounts and applied in the manner provided for in Section 2.5 of the AgreementAGREEMENT. Any remaining principal balance, plus any accrued but unpaid interest, shall be fully due and payable on the Maturity Date referenced aboveDate, if not sooner paid.

Appears in 6 contracts

Samples: Construction Loan Agreement (One Earth Energy LLC), Construction Loan Agreement (Highwater Ethanol LLC), Construction Loan Agreement (Cardinal Ethanol LLC)