Note Payment Sample Clauses

Note Payment. The Company shall pay to Holder $35,000 (thirty-five thousand) on or before December 30th, 2022. This payment will reduce the Note balance by $35,000 (thirty-five thousand).

Note Payment. A signed promissory note in accordance with Section 2.3.

Note Payment. For a period of one year following the Closing, NaviSite shall, within two business days of receiving a written request from Surebridge, pay to Surebridge in immediately available funds such additional amounts up to $800,000 in the aggregate, which Surebridge may request in order to meet Surebridge's tax payment obligations in connection with the sale of its assets pursuant to this Agreement that Surebridge substantiates in writing. Payments pursuant to this Section 5.22 shall be deemed a required prepayment of the Primary Note and shall reduce the outstanding principal outstanding thereunder in accordance with its terms. Notwithstanding the foregoing, NaviSite shall not be required to prepay such sums if NaviSite has paid at least $1,300,000 in aggregate principal amount of the Primary Note prior to receipt of the request for a prepayment hereunder.

Note Payment. The principal and interest are payable in lawful money of ------------ the United States of America. The undersigned may prepay in full the amount of any principal installment or accrued interest under the Note. The Note shall become payable in full upon the earlier of the following: (1) the term set forth in the Note, (2) default under the Note or (3) upon the first anniversary of the termination of the undersigned's employment with the Company.

Note Payment. The amount of one million dollars ($1,000,000) evidenced by a note in the form attached as Exhibit 2.3(b)(ii)(A) hereto (the "Note Payment"). The Note Payment will be guaranteed by ▇▇▇▇▇▇▇ ▇▇▇▇▇ pursuant to the guarantee attached as Exhibit 2.3(b)(ii)(B). The guarantee will be secured as set forth in the Deed of Trust attached hereto as Exhibit 2.3(b)(ii)(C).

Note Payment. Notwithstanding the provisions of Section 6.6 herein, Parent shall cause the Partnership to pay to ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ an amount in cash equal to $191,000 to prepay certain outstanding indebtedness owed to ▇▇. ▇▇▇▇▇▇, with any such payment to be made on the Payment Date. Further, interest on the ▇▇▇▇▇▇ Note shall begin accruing on the Control Date, with the first monthly payment of principal and interest to be paid in accordance with the terms set forth in the ▇▇▇▇▇▇ Note and in equal monthly installments thereafter until paid in full.

Note Payment. CGI shall pay Callida a cash payment of one million dollars ($1,000,000) on or before November 1, 2008, and Callida shall pay, on behalf of SBH Genomics, Inc. (“SBH”) or on its own behalf, in full the promissory notes issued by SBH to Affymetrix, Inc. (“Affymetrix”), and Nuvelo, Inc. (“Nuvelo”) on December 3, 2004 (the “Notes”), which Notes were issued in connection with the Security Agreement entered into on December 3, 2004 between Callida, Affymetrix and Nuvelo (the “Security Agreement”). In addition, prior to the above date, CGI will pay to Callida an amount equal to any interest due under the Notes upon thirty (30) days of written notice from Callida that such interest is due and payable under the Notes (the “Interest Payment”), and Callida shall pay, on behalf of SBH or on its own behalf, such interest.

Note Payment. The Note, as hereby renewed and extended, shall be due and payable as follows: (i) Commencing on the last Business Day of April, 1999, and continuing regularly and quarterly thereafter on the last Business Day of each fiscal quarter until the earlier of July 16, 1999 (the "Construction Loan Maturity Date") or the Conversion Date, interest only at the Construction Loan Rate on the outstanding principal, shall be due and payable; and (ii) A final installment in the amount of all outstanding principal, plus accrued and unpaid interest, shall be due and payable on the Construction Loan Maturity Date, unless the Borrower satisfies the conditions of converting the Construction Loan to the Term Loan described in Section 2.5 of the Loan Agreement and elects to convert the Construction Loan to the Term Loan in the manner therein described, in which case the Borrower shall pay interest only at the Construction Loan Rate on the outstanding principal on the Conversion Date. If the undersigned satisfies the conditions of converting the Construction Loan to the Term Loan described in Section 2.5 of the Loan Agreement, and elects to convert the Construction Loan to the Term Loan in the manner therein described, the Borrower shall repay the unpaid principal amount of the Loan, plus interest thereon, as follows: (i) On the last Business Day of the first full three (3) month period after the Conversion Date, and continuing regularly and quarterly thereafter on the last Business Day of each and every three (3) month period until September 30, 2006 (the "Term Loan Maturity Date"), quarterly payments of principal shall be made as set forth in Exhibit A, together with all accrued and unpaid interest on the Term Loan at the Term Loan Rate; and (ii) A final installment in the amount of all outstanding principal, plus all accrued and unpaid interest thereon at the Term Loan Rate and any other unpaid amounts due and payable to the Lender, shall be due and payable on the Term Loan Maturity Date.

Note Payment. Upon receipt of the Debenture and the cashier's check described herein in payment of the Note, WEDGE shall return the fully executed Note, marked cancelled, and cause all collateral securing the Note to be released, including, without limitation, the release of and return to the Company of all title documents to vehicles held by WEDGE as collateral.