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Common use of Payments of Principal Clause in Contracts

Payments of Principal. Each Loan shall mature, and the principal amount thereof shall be due and payable, on the last day of the Interest Period applicable thereto.

Appears in 8 contracts

Sources: Revolving Loan Agreement (Liberty Mutual Agency Corp), Revolving Loan Agreement (Liberty Mutual Agency Corp), Revolving Loan Agreement (Liberty Mutual Agency Corp)

Related Clauses

  • Payment of Principal
  • Payments of Principal and Interest
  • LOANS AND PAYMENTS OF PRINCIPAL
  • Distributions of Principal
  • Repayment of Principal

Parent Clauses

  • Miscellaneous
  • Application of Available Funds in Collection Account and Other Sources
  • The Loan
  • Terms of Payment
  • Independent Nature of Buyers’ Obligations and Rights

Sub-Clauses

  • Optional Prepayment
  • Payments
  • Mandatory Prepayments
  • Payment at Maturity
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