Common use of Minimum Monthly Principal Payments Clause in Contracts

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "Principal Amount") shall begin three calendar months from the First Advance Date and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "Amortization Date"). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date equal to that portion of the Principal Amount set forth in the amortization schedule annexed hereto (the "Monthly Amount"), together with any accrued but unpaid interest thereon to such Repayment Date and any and all other unpaid amounts then due, accrued, payable or owing under this Note, the Security and Purchase Agreement or any Related Agreement (as defined in the Security and Purchase Agreement). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.

Minimum Monthly Principal Payments. Amortizing payments of the aggregate principal amount outstanding under this Note at any time (the "“Principal Amount"”) shall begin three calendar months from the First Advance Date on April 1, 2006 and shall recur on the first business day of each succeeding month thereafter until the Maturity Date (each, an "“Amortization Date"”). Subject to Article 3 below, beginning on the first Amortization Date, the Borrower shall make monthly payments to the Holder on each Repayment Date equal to that portion of the Principal Amount set forth in the amortization schedule annexed hereto (the "“Monthly Amount"”), together with any accrued but unpaid interest thereon to such Repayment Date and any and all other unpaid amounts amounts, if any, then due, accrued, payable or owing under this Note, the Security and Purchase Agreement or any Related Agreement (as defined in the Security and Purchase Agreement). Any Principal Amount that remains outstanding on the Maturity Date shall be due and payable on the Maturity Date.