Examples of End of Term Payment in a sentence
End of Term Payment: 5.75% of each Advance Option D Option E Option F Loan Term: 36 Months (monthly repayments of principal and interest) Interest Rate: Prime Rate plus 4.75%.
End of Term Payment: 3.5% of each Advance Loan Term: 15 Months (Months 1-15 interest only, with remaining principal due at the end of the Loan Term) Interest Rate: Prime Rate plus 4.00%.
End of Term Payment: 5.25% of each Advance Loan Term: 18 Months (Months 1-18 interest only, with remaining principal due at the end of the Loan Term) Interest Rate: Prime Rate plus 4.50%.
Borrower acknowledges that the aggregate principal amount due and owing under the Loan Agreement and Notes, exclusive of fees, costs, the End of Term Payment and other expenses, as of February 29, 2016 (after giving effect to the February 1, 2016 payments), was $35,000,000.00 (the “Outstanding Loan Debt”).
PROMISSORY NOTE INFORMATION Facility Name Facility Number Promissory Note Number Principal Amount Growth Capital Loan Facility 0878-GC-0 0878-GC-0 -0 $ Payment Amount Loan Term Interest Rate End of Term Payment [Months 1-XX: $ ] [Months 1-XX: interest only; Months XX-XX: $ ] months [Prime Rate plus %] $[ %] Interim Payment Funding Date First Payment Date Maturity Date $ , 20 , 20 , 20 CONTACT INFORMATION Name Address For Notices Contact Person TriplePoint Capital LLC 0000 Xxxx Xxxx Xx., Ste.
In addition on the Maturity Date, You will pay Us an amount equal to percent ( %) of the principal amount of this Promissory Note that represents Your End of Term Payment.
Borrower acknowledges that the aggregate principal amount due and owing under the Part 1 Notes, exclusive of fees, costs, the End of Term Payment and other expenses, as of February 24, 2017 (after giving effect to the February 1, 2017 payments), was $35,000,000.00 (the “Outstanding Loan Debt”).
End of Term Payment: 8.5% of each Advance to the extent the aggregate of all Advances are equal to or less than $7,500,000; 9% of each Advance to the extent the aggregate of all Advances are greater than or equal to $7,500,000 and less than $15,000,000; 10.25% of each Advance to the extent the aggregate of all Advances are greater than or equal to $15,000,000.
In addition, You will pay Us an amount equal to percent ( %) of the principal amount of this Promissory Note that represents your End of Term Payment.
PROMISSORY NOTE INFORMATION Facility Name Growth Capital Loan Facility Facility Number 0845-GC-0 Promissory Note Number 0000-XX-0 -0 Xxxxxxxxx Xxxxxx $ Payment Amount $ Loan Term months Interest Rate [Prime + %] End of Term Payment $[ %] Interim Payment $ Funding Date , 20 First Payment Date , 20 Maturity Date , 20 CONTACT INFORMATION Name TriplePoint Capital LLC Address For Notices 0000 Xxxx Xxxx Xx., Ste.