Common use of Payment Schedule and Maturity Date Clause in Contracts

Payment Schedule and Maturity Date. The entire principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full in immediately available funds on the Maturity Date. Accrued unpaid interest shall be due and payable on the last Business Day of the first calendar month after Closing Date and on the last Business Day of each succeeding calendar month thereafter until all principal and accrued interest owing on the Loan shall have been fully paid and satisfied.

Payment Schedule and Maturity Date. The entire principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full in immediately available funds on the Maturity Date. Accrued unpaid interest shall be due and payable on the last Business Day 15th day of the first calendar month after Closing Date the date of this Agreement and on the last Business Day same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the subject Loan shall have been fully paid and satisfied. Borrower may elect to extend the Maturity Date upon and subject to the terms and condition set forth on Exhibit “O”.

Payment Schedule and Maturity Date. The entire principal balance ---------------------------------- of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full in immediately available funds on the Maturity Date. Accrued unpaid interest shall be due and payable on the last Business Day first (1st) day of the first calendar month after Closing Date the date of this Agreement and on the last Business Day same day of each succeeding calendar month thereafter until all principal and accrued interest owing on the this Loan shall have been fully paid and satisfied.

Payment Schedule and Maturity Date. The entire principal balance of the Loan then unpaid and all accrued interest then unpaid shall be due and payable in full in immediately available funds on the Maturity Date. Accrued unpaid interest shall be due and payable on the last Business Day first day of the first calendar month after Closing Date the date of this Agreement and on the last Business Day first day of each succeeding calendar month thereafter until all principal and accrued interest owing on the this Loan shall have been fully paid and satisfied.