Examples of Term Loan 2012 in a sentence
Term Loan 2012 may only be prepaid in accordance with Sections 2.1.1(c) and 2.1.1(d).
Borrower shall pay Bank accrued interest on Term Loan 2012 beginning on the first day of the calendar month following the month during which Tranche A is advanced and continuing on the same day of each succeeding month.
Borrower’s final Term Loan Payment, due on September 1, 2015 (the “Term Loan Maturity Date”), shall include all outstanding principal and accrued and unpaid interest under Term Loan 2012, plus the Final Payment, plus all other sums, if any, that shall have become due and payable hereunder with respect to Term Loan 2012.
Subject to the terms and conditions of this Agreement, Bank agrees to make to Borrower, and Borrower agrees to borrow from Bank, the Term Loan 2012 described below.
Subject to Section 2.3(b), the principal amount outstanding under Term Loan 2012 shall accrue interest at a fixed per annum rate equal to eight percent (8%), which interest shall be payable monthly.
Borrower’s final Term Loan 2012 Payment, due on the Term Loan 2012 Maturity Date, shall include all outstanding principal and accrued and unpaid interest under the Term Loan 2012.
Borrower shall repay Term Loan 2012 in (i) thirty (30) equal installments of principal, plus (ii) monthly payments of accrued interest (each combined (i) and (ii) payment, a “Term Loan Payment”).
Borrower shall repay Term Loan 2012 in (i) thirty(30) equal installments ofprincipal, plus (ii) monthly payments of accrued interest (each combined (i) and (ii) payment, a “Term Loan Payment”).
Beginning on the first Payment Date occurring after the Funding Date of the Term Loan 2012, and on each Payment Date thereafter, Borrower shall repay the Term Loan 2012 (i) in sixty (60) equal monthly installments of principal of One Hundred Sixty Six Thousand Six Hundred Sixty Six and 67/100 Dollars ($166,666.67), plus (ii) monthly payments of accrued interest (any such payment of interest and/or principal being a “Term Loan 2012 Payment”).
If the Term Loan 2012 is accelerated following the occurrence of an Event of Default, Borrower shall immediately pay to Bank an amount equal to the sum of (i) all outstanding principal plus accrued and unpaid interest on the Term Loan 2012 and (ii) all other sums, if any, that shall have become due and payable, including interest at the Default Rate with respect to any past due amounts.