Common use of Required Monthly Payment Clause in Contracts

Required Monthly Payment. Commencing May 2, 2007 and continuing on the first day of each calendar month thereafter, Strategic shall pay to Avnet an amount equal to three hundred thousand dollars ($300,000), with a final payment in full on May 1, 2010 of all unpaid principal and interest on the Notes.

Appears in 3 contracts

Samples: Refinancing Agreement (Consonus Technologies, Inc.), Refinancing Agreement (Consonus Technologies, Inc.), Refinancing Agreement (Consonus Technologies, Inc.)

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Required Monthly Payment. Commencing May 2October 1, 2007 and continuing on the first day of each calendar month thereafter, Strategic shall pay to Avnet an amount equal to three hundred thousand dollars ($300,000), with a final payment in full on May September 1, 2010 of all unpaid principal and interest on the NotesConsolidated 2007 Note.

Appears in 1 contract

Samples: Refinancing Agreement (Consonus Technologies, Inc.)

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