Scheduled Loan Payments Sample Clauses

Scheduled Loan Payments. Borrower shall repay the principal amount of the Loans on the Maturity Date. Borrower shall pay accrued interest on the unpaid principal amount of each Loan in arrears (A) in the case of a Base Rate Loan, on the last day in each March, June, September and December, (B) in the case of a LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, every three (3) months); and (C) in the case of all Loans, upon prepayment (to the extent thereof) and at maturity.
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Scheduled Loan Payments. Borrower shall repay the unpaid principal amount of all Loans on the Maturity Date. Borrower shall pay accrued interest on the unpaid principal amount of the Loans in arrears (i) in the case of Base Rate Loans, on the last Business Day in each month; (ii) in the case of LIBOR Loans, on the last day of each Interest Period thereof (and, if any such Interest Period is longer than one (1) month, on the last Business Day in each month after the first day of such Interest Period); and (iii) in the case of all Loans, upon prepayment (to the extent thereof) and at maturity.
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Scheduled Loan Payments. Each Borrower shall repay to each Bank on the Maturity Date the unpaid principal amount of each Loan made to such Borrower by such Bank. Each Borrower shall pay accrued interest on the unpaid principal amount of each of their respective Loans (A) in the case of a Base Rate Loan, on the last Business Day in each calendar quarter, (B) in the case of a LIBOR Loan, on the last day of each Interest Period therefor (and, if any such Interest Period is longer than three (3) months, in the case of a LIBOR Loan, every three (3) months); and (C) in
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Scheduled Loan Payments. The principal amount of the Loans shall be paid in installments on the dates shown below and in the respective amounts shown below (as reduced pursuant to the provisions of subsection 1.8(f) hereof): Date of Payment Amount of Loan Payment August 15, 2004 $ 1,000,000 November 15, 2004 $ 1,000,000 February 15, 2005 $ 1,000,000 May 15, 2005 $ 1,000,000 August 15, 2005 $ 1,250,000 November 15, 2005 $ 1,250,000 February 15, 2006 $ 1,250,000 May 15, 2006 $ 1,250,000 August 15, 2006 $ 1,500,000 November 15, 2006 $ 1,500,000 February 15, 2007 $ 1,500,000 May 15, 2007 $ 1,500,000 August 15, 2007 $ 1,750,000 November 15, 2007 $ 1,750,000 February 15, 2008 $ 1,750,000 May 15, 2008 $ 1,750,000 August 15, 2008 $ 2,000,000 November 15, 2008 $ 2,000,000 February 15, 2009 $ 2,000,000 May 15, 2009 $ 2,000,000 August 15, 2009 $ 5,000,000 November 15, 2009 $ 10,000,000
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Related to Scheduled Loan Payments

  • Loan Payments (a) The Loan shall bear interest at a fixed rate per annum equal to the Note Rate. Interest shall be computed based on the daily rate produced assuming a three hundred sixty (360) day year, multiplied by the actual number of days elapsed. Except as otherwise set forth in this Agreement, interest shall be paid in arrears.

  • Loan Payment Payments of principal, interest, and Late Charges (as defined in the Note) shall be made as provided in the Note.

  • Scheduled Payments As of the Cutoff Date, each Receivable had a first scheduled due date on or prior to the end of the third month immediately following the Cutoff Date.

  • Termination; Advance Payments Upon termination of this Lease pursuant to Paragraph 6.2(g) or Paragraph 9, an equitable adjustment shall be made concerning advance Base Rent and any other advance payments made by Lessee to Lessor. Lessor shall, in addition, return to Lessee so much of Lessee's Security Deposit as has not been, or is not then required to be, used by Lessor.

  • Advance Payments Payments made by the Borrower to satisfy future installments must be accounted for as prepaid installments of principal and interest. The Servicer should contact the Borrower if there is a question about the Borrower's intention in making any unscheduled payment.

  • Interest Loan Payments Late Payment Charge 43 2.2.1 Payments. 43 2.2.2 Interest Calculation. 44

  • Payments Prepayments (a) Payment, when paid, shall be applied first to the payment of all interest accrued and unpaid on this Note and then to payment on account of the principal hereof.

  • Optional Prepayments with Make-Whole Amount (a) The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, any Series of the Notes, in an amount not less than 10% of the aggregate principal amount of such Series of the Notes then outstanding (but if in the case of a partial prepayment, then against each tranche within such Series of Notes in proportion to the aggregate principal amount outstanding of each tranche of such Series), at 100% of the principal amount so prepaid, together with interest accrued thereon to the date of such prepayment, plus the Make-Whole Amount determined for the prepayment date with respect to such principal amount. The Company will give each holder of the Series of Notes to be prepaid written notice of each optional prepayment under this Section 8.2 not less than 10 days and not more than 60 days prior to the date fixed for such prepayment. Each such notice shall specify such date, the aggregate principal amount of the Series of the Notes to be prepaid on such date, the principal amount of each Note held by such holder to be prepaid (determined in accordance with Section 8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial Officer as to the estimated Make-Whole Amount due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two Business Days prior to such prepayment, the Company shall deliver to each holder of the Series of Notes to be prepaid a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date.

  • Amortization Payments The Company shall make three payments (each an “Amortization Payment”) as follows: on the six-month anniversary of the Original Issue Date, on the seven-month anniversary of the Original Issue Date, and on the Maturity Date (each such date a “Payment Date”), provided that if any Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day. Each Amortization Payment shall be equal to one-third of the original principal amount of the Note, plus all accrued interest thereon as of the Payment Date, as adjusted pursuant to Section 2(c) below. At the Holder’s option (except as set forth herein), payment may be made in cash or in duly authorized, validly issued, fully paid and non-assessable shares of Common Stock, provided the Company complies with the Equity Conditions provided in Section 2(d), below.

  • Remittances; P&I Advances (a) On the Master Servicer Remittance Date immediately preceding each Distribution Date, the Master Servicer shall:

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