Common use of Advances/Reimbursements Clause in Contracts

Advances/Reimbursements. All amounts advanced by Lender under the Loan Documents, or due Lender as a result of expenditures reasonably made by Lender, shall bear interest at the rate applicable to past due principal as specified in the Note or herein from the date demanded until paid in full. Unless otherwise specified in the Loan Documents, such advances and other sums, together with accrued interest, shall be due and payable on demand.

Appears in 3 contracts

Samples: Loan Agreement (Atlantic Blue Group, Inc.), Loan Agreement (Alico Inc), Loan Agreement (Alico Inc)

AutoNDA by SimpleDocs

Advances/Reimbursements. All amounts advanced by Lender under the Loan Documents, or due Lender as a result of expenditures reasonably made by Lender or losses suffered by Lender, shall bear interest at the rate applicable to past due principal as specified in the Note Notes or herein from the date demanded until paid in full. Unless otherwise specified in the Loan Documents, such advances and other sums, together with accrued interest, shall be due and payable on demand.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Pernix Therapeutics Holdings, Inc.), Loan Agreement (RTI Biologics, Inc.)

Advances/Reimbursements. All amounts advanced by Lender under the Loan Documents, or due Lender as a result of expenditures reasonably made by Lender, shall bear interest at the highest rate applicable to past due principal as specified in the Note Notes or herein from the date demanded until paid in full. Unless otherwise specified in the Loan Documents, such advances and other sums, together with accrued interest, shall be due and payable on demand.

Appears in 1 contract

Samples: Loan Agreement (Atlantic Blue Group, Inc.)

AutoNDA by SimpleDocs

Advances/Reimbursements. All amounts advanced by Lender under the Loan Documents, or due Lender as a result of expenditures reasonably made by Lender or losses suffered by Lender, shall bear interest at the rate applicable to past due principal as specified in the Note Notes or herein from the date demanded until paid in full. Unless otherwise specified in the Loan Documents, such advances and other sums, together with accrued interest, shall be due and payable on demand.

Appears in 1 contract

Samples: Consolidating Loan Agreement (Smithfield Foods Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.