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Common use of Payments Prepayments Clause in Contracts

Payments Prepayments. Payment, when paid, shall be applied first to the payment of all interest accrued and unpaid on this Note and then to payment on account of the principal hereof.

Appears in 5 contracts

Sources: Demand Promissory Note and Warrant Purchase Agreement (RespireRx Pharmaceuticals Inc.), Demand Promissory Note and Warrant Purchase Agreement (RespireRx Pharmaceuticals Inc.), Demand Promissory Note and Warrant Purchase Agreement (RespireRx Pharmaceuticals Inc.)

Related Clauses

  • Payments and Prepayments
  • Repayments and Prepayments
  • Repayments Prepayments Interest and Fees
  • All Prepayments
  • Repayments and Prepayments; Application

Parent Clauses

  • Loans and Terms of Payment
  • Miscellaneous
  • Loan and Terms of Payment
  • Payment Terms
  • Interest Rates Payments and Calculations

Sub-Clauses

  • Mandatory Prepayments
  • Optional Prepayments
  • Application of Payments
  • Payments by Borrowers
  • Crediting Payments
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