Common use of AMOUNTS DUE AND OWING Clause in Contracts

AMOUNTS DUE AND OWING. 1.1 In consideration of the loan being made by The Lender to The Borrower, The Borrower agrees to pay to The Lender the sum of Ten Thousand Dollars ($10,000) CDN (the "Principal Sum") together with all interest, penalties and assessments that may from time to time be added to the Principal Sum and are provided for in this Agreement. For the purposes of this Agreement, the Principal Sum, together with all interest, penalties and assessment that may from time to time be added to the Principal Sum as provided for herein shall be referred to as the "Debt".

Appears in 1 contract

Sources: Loan Agreement (Riverside Manitoba, Inc.)

AMOUNTS DUE AND OWING. 1.1 In consideration of the a loan being made by The Lender to The Borrower, The Borrower agrees to pay to The Lender the sum of Ten Six Thousand Dollars ($10,0006,000) CDN (the "Principal Sum") together with all interest, penalties and assessments that may from time to time be added to the Principal Sum and are provided for in this Agreement. For the purposes of this Agreement, the Principal Sum, together with all interest, penalties and assessment that may from time to time be added to the Principal Sum as provided for herein shall be referred to as the "Debt".

Appears in 1 contract

Sources: Loan Agreement (Riverside Manitoba, Inc.)

AMOUNTS DUE AND OWING. 1.1 In consideration of the loan being made by The Lender to The Borrower, The Borrower agrees to pay to The Lender the sum of Ten Fifteen Thousand Dollars ($10,00015,000) CDN (the "Principal Sum") together with all interest, penalties and assessments that may from time to time be added to the Principal Sum and are provided for in this Agreement. For the purposes of this Agreement, the Principal Sum, together with all interest, penalties and assessment that may from time to time be added to the Principal Sum as provided for herein shall be referred to as the "Debt".

Appears in 1 contract

Sources: Loan Agreement (Riverside Manitoba, Inc.)