Single Principal Payment Sample Clauses

Single Principal Payment. Principal shall be paid in full in a single payment on June 30, 2000. Interest thereon shall be paid monthly, commencing on February 1, 1999, and continuing on the same day of each successive month thereafter, with a final payment of all unpaid interest at the stated maturity of this Note.
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Single Principal Payment. Principal shall be paid in full in a single payment on ____________________, 19_______. Interest thereon shall be paid [_] at maturity, or else [_] monthly, [_] quarterly or [_] __________________, commencing on ___________, 19__, and continuing on the [_] same day, [_] last day of each successive month, quarter or other period (as applicable) thereafter, with a final payment of all unpaid interest at the stated maturity of this Note. Bank of America, N.A. d/b/a NationsBank, N.A. Florida [Commercial] Bank of America, N.A. d/b/a NationsBank, N.A. [ ] OTHER. _____________________________________________________
Sample 1
Single Principal Payment. Principal shall be paid in full in a single payment on APRIL 30, 1998. Interest thereon shall be paid [ ] at maturity, or else [X] monthly, [ ] quarterly or [ ] , commencing on NOVEMBER 30, 1996, and continuing on the [ ] same day, [X] last day of each successive month, quarter or other period (as applicable) thereafter, with a final payment of all unpaid interest at the stated maturing of this Note. [ ] OTHER. --------------------------------------------------------------------- ------------------------------------------------------------------------------- -------------------------------------------------------------------------------
Sample 1
Single Principal Payment. Principal shall be paid in full in a single payment on __________________, 19__. Interest thereon shall be paid [ ] at maturity, or else [ ] monthly, [ ] quarterly or [ ] ___________, commencing on __________, 19__, and continuing on the [ ] same day, [ ] last day of each successive month, quarter or other period (as applicable) thereafter, with a final payment of all unpaid interest at the stated maturity of this Note. 436408.04 Promissory Note Bank of America, N.A. 8/01 Florida [Commercial] 3 [ ] Other.
Sample 1
Single Principal Payment. Principal shall be paid in full in a single payment on July l5,1998. Interest thereon shall be paid [_] at maturity, or ------------- else [X] monthly, [_] quarterly or [_] _______________________________________. NationsBank Promissory Note Texas [Commercial] 2/96 commencing on March 15, 1997 and continuing on the [X] same day, [_] last day -------------- of each successive month, quarter or other period (as applicable thereafter, with a final payment of all unXXXX interest at the stated maturity of this Note. [X] OTHER. In addition, availability under this Note will decline by $36,500,00 -------------------------------------------------------------------- monthly beginning March 15, 1997 and on the 15th day of each month thereafter ----------------------------------------------------------------------------- until maturity of July 15, 1998. Such reductions in availability on this Note ----------------------------------------------------------------------------- may result in mandatory prepayments as provided in that certain Loan Agreement ------------------------------------------------------------------------------ dated February 25, 1997 between Borrower and Bank. --------------------------------------------------
Sample 1

Related to Single Principal Payment

  • Optional Principal Payments 8 Method of Selecting Types and Interest Periods for New Advances..........................................12 2.9 Conversion and Continuation of Outstanding Advances......................................................12 2.10 Changes in Interest Rate, etc...........................................................................12 2.11

  • Principal Payment The Borrower shall fail to pay any principal of any Note when the same becomes due and payable as set forth in this Agreement;

  • Principal Payments (a) Borrower must pay Lender the outstanding principal amount of all Warehousing Advances on the Warehousing Maturity Date. (b) Except as otherwise provided in Section 3.1, Borrower may prepay any portion of the Warehousing Advances without premium or penalty at any time. (c) Borrower must pay to Lender, without the necessity of prior demand or Notice from Lender, and Borrower authorizes Lender to cause the Funding Bank to charge Borrower’s Operating Account for, the amount of any outstanding Warehousing Advance against a specific Pledged Asset upon the earliest occurrence of any of the following events: (1) One (1) Business Day elapses from the date a Warehousing Advance was made if the Pledged Loan to be funded by that Warehousing Advance is not closed and funded. (2) Ten (10) Business Days elapse without the return of a Collateral Document delivered by Lender to Borrower under a Trust Receipt for correction or completion. (3) On the date on which a Pledged Loan is determined to have been originated based on untrue, incomplete or inaccurate information or otherwise to be subject to fraud, whether or not Borrower had knowledge of the misrepresentation, incomplete or incorrect information or fraud, on the date on which Borrower knows, has reason to know, or receives Notice from Lender, that (A) one or more of the representations and warranties set forth in Article 9 were inaccurate or incomplete in any material respect on any date when made or deemed made, or (B) Borrower has failed to perform or comply with any covenant, term or condition set forth in Article 9. (4) On the date the Pledged Loan or a Lien prior to the Mortgage securing repayment of the Pledged Loan is defaulted and remains in default for a period of 60 days or more. (5) Upon the sale, other disposition or prepayment of any Pledged Asset or, with respect to a Pledged Loan included in an Eligible Mortgage Pool, upon the sale or other disposition of the related Agency Security. (6) One (1) Business Day immediately preceding the date scheduled for the foreclosure or trustee sale of the premises securing a Pledged Loan. (7) If the outstanding Warehousing Advances against Pledged Loans of a specific type of Eligible Loan exceed the aggregate Purchase Commitments for that type of Eligible Loan.

  • Interest and Principal Payments Holders shall be entitled to receive, and Borrower shall pay, simple interest on the outstanding principal amount of this Note at the annual rate of eight percent (8%) (as subject to increase as set forth in this Note) from the Original Issue Date through the Maturity Date. Principal and interest shall be due and payable on the Maturity Date.

  • Payment of Principal, Premium and Interest The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

  • Original Class B Principal Balance The Original Class B Principal Balance is $12,006,549.92.

  • Payment of Principal, Premium, if any, and Interest The Company covenants and agrees for the benefit of the Holders of the Securities that it will duly and punctually pay the principal of and any premium and interest (including any Additional Interest) on the Securities in accordance with the terms of the Securities and this Indenture.

  • Aggregate Principal Amount The aggregate principal amount of the Senior Notes that may be authenticated and delivered under this First Supplemental Indenture shall be unlimited; provided that the Obligor complies with the provisions of this First Supplemental Indenture.

  • Limitation on Aggregate Principal Amount The aggregate principal amount of the Notes shall not be limited. The Company shall not execute and the Trustee shall not authenticate or deliver Notes except as permitted by the terms of the Indenture.

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $ 350,274,594.21.

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