Common use of TERM LOAN NO Clause in Contracts

TERM LOAN NO. 1. (a) Bank loaned to Borrower an amount equal to Term Loan No. 1. (b) Borrower shall pay to Bank: (i) seventeen (17) equal monthly installments of principal in the amount of One Hundred Eleven Thousand One Hundred Eleven and 11/100 Dollars ($111,111.11) plus (ii) all accrued interest (the "Term Loan No. 1 Payment"). Each Term Loan No. 1 Payment is payable on the first (1st) day of each month commencing April 1, 2002. Borrower's final Term Loan No. 1 Payment, due on August 1, 2003, shall include all outstanding Term Loan No. 1 principal and accrued interest. (c) The Term Loan No. 1 accrues interest in accordance with Section 2.3(a).

TERM LOAN NO. 12. (a) Bank loaned to Borrower an amount equal to Term Loan No. 12. (b) Borrower shall pay to Bank: (i) seventeen eighteen (1718) equal monthly installments of principal in the amount of One Hundred Eleven Thirty Four Thousand One Hundred Eleven Thirty Two and 11/100 91/100 Dollars ($111,111.1134,132.91) plus (ii) all accrued interest (the "Term Loan No. 1 2 Payment"). Each Term Loan No. 1 , 2 Payment is payable on the first (1st) day of each month commencing April 1, 2002. Borrower's final Term Loan No. 1 2 Payment, due on August September 1, 2003, shall include all outstanding Term Loan No. 1 2 principal and accrued interest. (c) The Term Loan No. 1 2 accrues interest in accordance with Section 2.3(a).

TERM LOAN NO. 13. (a) Bank loaned to Borrower an amount equal to Term Loan No. 13. (b) Borrower shall pay to Bank: (i) seventeen twelve (1712) equal monthly installments of principal in the amount of Twenty One Thousand Four Hundred Eleven Thousand One Hundred Eleven and 11/100 Twenty Three Dollars ($111,111.1121,423.00) plus (ii) all accrued interest (the "Term Loan No. 1 3 Payment"). Each Term Loan No. 1 3 Payment is payable on the first (1st) day of each month commencing April 1, 2002. Borrower's final Term Loan No. 1 3 Payment, due on August March 1, 2003, shall include all outstanding Term Loan No. 1 3 principal and accrued interest. (c) The Term Loan No. 1 3 accrues interest in accordance with Section 2.3(a).