Repayment. Growth Capital Advances shall be interest-only during the Interest-Only Period, with interest due and payable in accordance with [Section 2.3(d)] hereof. Thereafter, the Growth Capital Advances shall be payable in equal monthly installments of principal plus accrued and unpaid interest (each a Growth Capital Advance Payment) beginning on the Amortization Start Date and continuing on the first (1st) day of each month thereafter. Borrowers final Growth Capital Advance Payment, due on the Growth Capital Maturity Date, shall include all outstanding principal and accrued and unpaid interest on the Growth Capital Advances. After repayment, no Growth Capital Advance may be reborrowed.
Repayment.Interest-Only Period. For each Growth Capital AdvancesTerm Loan Advance, Borrower shall be interest-onlymake monthly payments of accrued but unpaid interest only commencing on the first (1st) calendar day of the month immediately following the Funding Date of such Growth Capital Term Loan Advance and on the first (1st) calendar day of each month thereafter during the Interest-Only Period, with interest due and payable in accordance with [Section 2.3(d)] hereof. Thereafter, the Growth Capital Advances shall be payable in equal monthly installments of principal plus accrued and unpaid interest (each a Growth Capital Advance Payment) beginning on the Amortization Start Date and continuing on the first (1st) day of each month thereafter. Borrowers final Growth Capital Advance Payment, due on the Growth Capital Maturity Date, shall include all outstanding principal and accrued and unpaid interest on the Growth Capital Advances. After repayment, no Growth Capital Advance may be reborrowed.Period.
Repayment. Growth Capital AdvancesPrincipal and Interest Payments. Borrower shall be interest-only during the Interest-Only Period, with interest due and payable in accordance with [Section 2.3(d)] hereof. Thereafter, the Growth Capital Advances shall be payable inmake thirty (30) consecutive equal monthly installments of principal plusand accrued andbut unpaid interest (each a Growthwith respect to the Growth Capital Advance PaymentTerm Loan Advances, commencing March 1, 2015 (the Conversion Date) beginning on the Amortization Start Date and continuing on the first (1st) day of each month thereafter. Borrowers finalthereafter (each, a Growth Capital Term Loan Payment), which would fully amortize the outstanding Growth Capital Advance Payment, due onTerm Loan Advances, as of the Growth Capital MaturityConversion Date, shall include all outstandingover the Repayment Period. All unpaid principal and accrued and unpaid interest is due and payable in full on the Growth Capital Advances. After repayment, no Growth Capital Advance may be reborrowed.Term Loan Maturity Date.
Repayment.Interest Payments. With respect to each Growth Capital Advances shall be interest-only duringAdvance, commencing on the Interest-Only Period, with interest due and payable in accordance with [Section 2.3(d)] hereof. Thereafter,first Payment Date following the Funding Date of such Growth Capital Advances shall be payable in equal monthly installments of principal plus accrued and unpaid interest (each a Growth Capital Advance Payment) beginning on the Amortization Start Date and continuing on the first (1st) dayPayment Date of each month thereafter. Borrowers finalthereafter, Co-Borrowers shall make monthly payments of interest, in arrears, on the principal amount of such Growth Capital Advance Payment, due onat the Growth Capital Maturity Date, shall include all outstanding principal and accrued and unpaid interest on the Growth Capital Advances. After repayment, no Growth Capital Advance may be reborrowed.rate set forth in Section 2.6(a).
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