Common use of Balloon Payment Clause in Contracts

Balloon Payment. Borrower acknowledges that the unpaid principal amount of this Loan and all unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Date.

Appears in 3 contracts

Sources: Loan and Security Agreement (HNC Software Inc/De), Loan Agreement (Talarian Corp), Loan and Security Agreement (Onsale Inc)

Balloon Payment. Borrower acknowledges that the unpaid principal amount of this the Loan and all unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Datefirst anniversary of the date of the Note evidencing this Loan, if not due earlier under Section 6.1.

Appears in 1 contract

Sources: Loan Agreement (Flextronics International LTD)

Balloon Payment. Borrower acknowledges that the unpaid principal amount of this the Loan and all unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Dateseventh anniversary of the date of the Note evidencing this Loan, if not due earlier under Section 6.1.

Appears in 1 contract

Sources: Loan Agreement (Macromedia Inc)

Balloon Payment. Borrower acknowledges that the unpaid principal amount of this the Loan and all unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Datethird anniversary of the date of the Note evidencing this Loan, if not due earlier under Section 6.1.

Appears in 1 contract

Sources: Loan Agreement (Macromedia Inc)

Balloon Payment. Borrower acknowledges that the unpaid principal --------------- amount of this Loan and all unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Onsale Inc)

Balloon Payment. Borrower acknowledges that the unpaid principal amount of this the Loan and all unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Datefifth anniversary of the date of the Note evidencing this Loan, if not due earlier under Section 6.1.

Appears in 1 contract

Sources: Employment Agreement (Macromedia Inc)

Balloon Payment. Borrower acknowledges agrees that the unpaid principal amount sum of this --------------- Loan and all any unpaid interest accrued thereon will be immediately due and payable to Lender in full as one balloon payment on the Maturity Date.

Appears in 1 contract

Sources: Loan and Security Agreement (Keynote Systems Inc)