Scheduled Repayment. Borrower shall pay interest at Lender’s office in like money on the unpaid principal amount of the Loan at a rate per annum equal to eleven and one-half (11.5%) percent. The entire principal balance in the amount of ONE HUNDRED EIGHTY and 00/100’s ($180,000.00) U.S. Dollars, plus all accrued but unpaid interest shall be due and payable at Lender’s office in full on the Maturity Date (hereinafter defined) , unless an earlier date is otherwise required under the terms of this Loan Agreement or the Note.
Appears in 2 contracts
Sources: Bridge Loan and Security Agreement (Tauriga Sciences, Inc.), Bridge Loan and Security Agreement (Tauriga Sciences, Inc.)