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amount be calculated on the basis of a 360-day year, that
payments of principal and accrued interest be made in equal
quarterly installments of $55,532 beginning on February 15, 1987,
and that any remaining balance of principal and accrued interest
become due and payable on February 3, 1994. The terms of TBPC’s
Promissory Note to Norstar required that the outstanding
principal balance bear interest at a rate of 10.40 percent, that
the interest on the outstanding principal amount be calculated on
the basis of a 360-day year, that payments of principal and
accrued interest be made in equal monthly installments of $87,345
beginning on March 15, 1987, and that any remaining balance of
principal and accrued interest become due and payable on
February 3, 1997. The terms of TPTC’s Promissory Note to Norstar
required that the outstanding principal balance bear interest at
a rate of 10.40 percent, that the interest on the outstanding
principal amount be calculated on the basis of a 360-day year,
that payments of principal and accrued interest be made in equal
monthly installments of $53,751 beginning on February 15, 1987,
and that any remaining balance of principal and accrued interest
become due and payable on February 3, 1997.
Also on or about February 3, 1987, PK Ventures executed a
document entitled “Master Note” in favor of Norstar in which it
promised to pay to Norstar the principal amount of $2.5 million
or, if less, the aggregate unpaid principal amount of all
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