Repayments of the Loan. The repayment of the Additional Loan to Xx. Xxxxx by the Company will start when the Company will earn sufficient revenues to cover all liabilities and expenses. The Company is obliged to repay Xx. Xxxxx the amount of funds loaned by the Company from Xx. Xxxxx for the period of time since inception of the Company till the date of the last loan. In witness thereof the parties have agreed to the terms and conditions written above as of August 22, 2017. Authorized signature of: Xxxxxxxx Xxxxx/ Unicobe Corp. /s/Xxxxxxxx Xxxxx
Repayments of the Loan. The Borrowers hereby unconditionally, jointly and severally, promise to pay to the Bank the then unpaid principal amount of the Loan in sixty (60) consecutive monthly installments commencing on January 1, 2015, and continuing on the first day of each consecutive calendar month thereafter with a final payment on the Maturity Date, each such installment to be in the principal amount of $124,583.34; provided, however, that the final principal installment shall be in an amount equal to the aggregate principal amount of the Loan outstanding on the Maturity Date.
Repayments of the Loan. On any day on which the aggregate amount of the Loan exceeds the aggregate amount of the Total Commitments, the Borrower shall repay the Loan in an amount equal to such excess.
Repayments of the Loan. The Borrowers hereby unconditionally, jointly and severally, promise to pay to the Bank the then unpaid principal amount of the Loan in fifty-four (54) consecutive monthly installments commencing on April1, 2016, and continuing on the first day of each consecutive calendar month thereafter with a final payment on the Maturity Date, each such installment to be in the principal amount of $111,111.11 or such lesser amount as shall be equal to the quotient of (x) the outstanding principal amount of all Loans on the Commitment Termination Date, divided by (y) fifty-four (54); provided, however, that the final principal installment shall be in an amount equal to the aggregate principal amount of all Loans outstanding on the Maturity Date.
Repayments of the Loan. (a) The Borrower may prepay all or a portion of any Loan at any time upon at least two (2) Business Days’ prior written notice to Lender, which shall include the principal amount to be prepaid under the Loan, plus all accrued and unpaid interest on the principal amount so prepaid through the date of prepayment, plus the applicable MOIC Payment.
