Payments of Principal Clause Example from Business Contracts

This example Payments of Principal clause appears in 2 contracts from 1 company

Payments of Principal. On the Maturity Date, the Company shall pay to the Holder an amount in cash representing all outstanding Principal, and accrued and unpaid Interest. Other than as specifically permitted by this Note, the Company may not prepay any portion of the outstanding Principal, or accrued and unpaid Interest.