Repayment. Borrower shall repay the Term Loan in # thirty-six (36) equal installments of principal, plus # monthly payments of accrued interest (the “Term Loan Payment”) commencing on January 1, 2016 and continuing on the first day of each month thereafter through the Term Loan Maturity Date. Borrower’s final Term Loan Payment, due on the Term Loan Maturity Date, shall include all outstanding principal and accrued and unpaid interest under the Term Loan. Once repaid, the Term Loan may not be reborrowed.

Repayment. The Refinancing Term Loan shall be “interest only” through April 30, 2017, with interest due and payable in accordance with [Section 2.3(f)] hereof. Thereafter, the Refinancing Term Loan shall be payable in # thirty six (36) consecutive equal monthly installments of principal in the amount of Two Hundred Seventy Seven Thousand Seven Hundred Seventy Seven and 78/100 Dollars ($277,777.78), plus # monthly payments of accrued and unpaid interest (the “Term Loan Payments”), beginning on May 1, 2017, and continuing on the same day of each month thereafter through the Refinancing Term Loan Maturity Date. Borrower’s final Term Loan Payment, due on the Refinancing Term Loan Maturity Date, shall include all outstanding principal and accrued and unpaid interest under the Refinancing Term Loan. Once repaid, the Refinancing Term Loan may not be reborrowed.