Common use of Term Loan Principal Payments Clause in Contracts

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly installments of $250,000, payable on the last day of each calendar quarter, commencing with the calendar quarter ending December 31, 2012, and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly monthly principal installments of Fifty Thousand Dollars and No/100 Dollars ($250,00050,000.00), payable together with an additional amount representing accrued interest as set forth above, beginning on June 30, 2012, and continuing on the last day of each calendar quartermonth thereafter, commencing with the calendar quarter ending December 31, 2012, a final payment of all outstanding principal and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly principal installments each in the amount of Eight Hundred Seventy Five Thousand and 00/100 Dollars ($250,000875,000) beginning on March 31, payable 2021, and continuing on the last day of each calendar quarterquarter thereafter, commencing with the calendar quarter ending December 31, 2012, a final payment of all outstanding principal and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly installments in the amount of Seventy-Three Thousand Seven Hundred Twenty and 00/100 Dollars ($250,00073,720.00), payable beginning on December 1, 2023, and continuing on the last first day of each calendar quartermonth thereafter, commencing with the calendar quarter ending December 31, 2012, and the remaining unpaid plus a final payment of all outstanding principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly installments of $250,000, payable on the last day of each calendar quarter, commencing with the calendar quarter ending December 31June 30, 20122016, and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly installments of $250,000, payable on the last day of each calendar quarter, commencing with the calendar quarter ending December 31September 30, 20122011, and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly installments of $250,000, payable on the last day of each calendar quarter, commencing with the calendar quarter ending December 31, 20122017, and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly principal installments each in the amount of Seventy Thousand and No/100 Dollars ($250,000, payable on the last day of each calendar quarter, commencing with the calendar quarter ending December 31, 2012, and the remaining unpaid principal of the Term Loan70,000.00), together with all an additional amount representing accrued and unpaid interest thereonon the principal amount of the Term Loan outstanding as set forth above, shall be beginning on June 1, 2010 and continuing on the first day of each month thereafter, with a final payment of all outstanding principal and accrued interest due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”

Term Loan Principal Payments. The outstanding principal balance of the Term Loan shall be repaid in equal quarterly monthly principal installments of Fifty Thousand Dollars and No/100 Dollars ($250,00050,000.00), payable together with an additional amount representing accrued interest as set forth above, beginning on September 30, 2009, and continuing on the last day of each calendar quartermonth thereafter, commencing with the calendar quarter ending December 31, 2012, a final payment of all outstanding principal and the remaining unpaid principal of the Term Loan, together with all accrued and unpaid interest thereon, shall be due and payable on the Term Loan Maturity Date. Principal amounts repaid on the Term Note may not be borrowed again.”