Payments Clause Example with 4 Variations from Business Contracts

This page contains Payments clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Payments. The principal of this Note shall mature and be due and payable on August 15, 2020 (the "Maturity Date"). Accrued and unpaid interest shall be due and payable as follows: (i) during the first year of the term of this Note, upon execution of this Note; and (ii) during the balance of the term until the Maturity Date, monthly, in arrears, commencing September 15, 2018. All past due principal and accrued interest on this Note shall bear interest from maturity until paid at the highest (non-usurious) ...rate for which Borrower may legally contract under applicable law. All payments hereunder shall be payable in lawful money of the United States of America which shall be legal tender for public and private debts at the time of payment. View More

Variations of a "Payments" Clause from Business Contracts

Payments. The principal of this Note shall mature and be due and payable on August 15, October 2, 2020 (the "Maturity Date"). Accrued and unpaid interest shall be due and payable as follows: (i) during the first year of the term of this Note, upon execution of this Note; and (ii) during the balance of the term until the Maturity Date, monthly, in arrears, commencing September 15, October 2, 2018. All past due principal and accrued interest on this Note shall bear interest from maturity until paid at the h...ighest (non-usurious) rate for which Borrower may legally contract under applicable law. All payments hereunder shall be payable in lawful money of the United States of America which shall be legal tender for public and private debts at the time of payment. View More
Payments. The principal of this Note shall mature and be due and payable on August February 15, 2020 2021 (the "Maturity Date"). Accrued and unpaid interest shall be due and payable as follows: (i) during the first year of the term of this Note, upon execution of this Note; and (ii) during the balance of the term until the Maturity Date, monthly, in arrears, commencing September March 15, 2018. 2019. All past due principal and accrued interest on this Note shall bear interest from maturity until paid at t...he highest (non-usurious) rate for which Borrower may legally contract under applicable law. All payments hereunder shall be payable in lawful money of the United States of America which shall be legal tender for public and private debts at the time of payment. View More
Payments. The principal of this Note shall mature and be due and payable on August 15, October 2, 2020 (the "Maturity Date"). Accrued and unpaid interest shall be due and payable as follows: (i) during the first year of the term of this Note, upon execution of this Note; and (ii) during the balance of the term until the Maturity Date, monthly, in arrears, commencing September 15, November 2, 2018. All past due principal and accrued interest on this Note shall bear interest from maturity until paid at the ...highest (non-usurious) rate for which Borrower may legally contract under applicable law. All payments hereunder shall be payable in lawful money of the United States of America which shall be legal tender for public and private debts at the time of payment. View More
Payments. The principal of this Note shall mature and be due and payable on August 15, October 20, 2020 (the "Maturity Date"). Accrued and unpaid interest shall be due and payable as follows: (i) during the first year of the term of this Note, upon execution of this Note; and (ii) during the balance of the term until the Maturity Date, monthly, in arrears, commencing September 15, November 20, 2018. All past due principal and accrued interest on this Note shall bear interest from maturity until paid at th...e highest (non-usurious) rate for which Borrower may legally contract under applicable law. All payments hereunder shall be payable in lawful money of the United States of America which shall be legal tender for public and private debts at the time of payment. View More