Repayment – Time Allowed. If the IDED has allowed repayment of the Forgivable Loan on a pro rata basis as described in paragraph “b” above, that amount is immediately due and payable. If the Business has a current Loan balance, the amount owed on the Forgivable Loan may be combined with the amount owed on the Loan to reflect a single monthly payment. This combined loan shall be repaid over the time period remaining
Appears in 3 contracts
Samples: Master Contract (East Fork Biodiesel, LLC), Funding Agreement (Homeland Energy Solutions LLC), Master Contract (Soy Energy, LLC)
Repayment – Time Allowed. If the IDED has allowed repayment of the Forgivable Loan on a pro rata basis as described in paragraph “"b” " above, that amount is immediately due and payable. If the Business has a current Loan balance, the amount owed on the Forgivable Loan may be combined with the amount owed on the Loan to reflect a single monthly payment. This combined loan shall be repaid over the time period remaining
Appears in 1 contract
Samples: Master Contract (Southwest Iowa Renewable Energy, LLC)
