Calculation Of Change. On each Change Date, you will calculate the Interest Rate, which will be the Current Index plus 1.000 percent. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 2 contracts
Samples: Promissory Note (International Isotopes Inc), Promissory Note (International Isotopes Inc)
Calculation Of Change. On each Change Date, Date you will calculate the Interest Rate, which will be the Current Index plus 1.000 percentIndex. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note the Loan will never exceed the highest rate or charge allowed by law for this Notethe Loan.
Appears in 2 contracts
Samples: Debt Modification Agreement (Cas Medical Systems Inc), Debt Modification Agreement (Dialysis Corp of America)
Calculation Of Change. On each Change Date, Date you will calculate the Interest Rate, which will be the Current Index plus 1.000 2.100 percent. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 2 contracts
Samples: Promissory Note (LGL Group Inc), Promissory Note (LGL Group Inc)
Calculation Of Change. On each Change Date, Date you will calculate the Interest Rate, which will be the Current Index plus 1.000 2.150 percent. The result of this calculation will be rounded to the nearest .001 .01 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 2 contracts
Samples: Promissory Note (Optical Cable Corp), Promissory Note (Optical Cable Corp)
Calculation Of Change. On each Change Date, Date you will calculate the Interest Rate, which will be the Current Index plus 1.000 0.500 percent. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note the Loan will never exceed the highest rate or charge allowed by law for this Notethe Loan.
Appears in 1 contract
Calculation Of Change. On each Change Date, Date you will calculate the Interest Rate, which will be the Current Index plus 1.000 percentindex. The result of f this calculation will be rounded to the nearest .001 001 percent. Subject to any limitations, this will be b the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 1 contract
Calculation Of Change. On each Change Date, you will calculate the Interest Rate, which will be the Current Index plus 1.000 percentIndex. The result of this calculation will be rounded to the nearest .001 .125 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 1 contract
Samples: Home Equity Access Line of Credit Agreement (Minnesota Ase Inc)
Calculation Of Change. On each Change Date, you will calculate the Interest Rate, which will be the Current Index plus 1.000 0.500 percent. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note Loan Agreement will never exceed the highest rate or charge allowed by law for this NoteLoan Agreement.
Appears in 1 contract
Samples: Promissory Note and Security Agreement (Action Products International Inc)
Calculation Of Change. On each Change Date, you will calculate the Interest Rate, which will be the Current Index plus 1.000 minus 0.75 percent. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 1 contract
Calculation Of Change. On each Change Date, Date you will calculate the Interest Rate, which will be the Current Index plus 1.000 minus 1.125 percent. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note the Loan will never exceed the highest rate or charge allowed by law for this Notethe Loan.
Appears in 1 contract
Calculation Of Change. On each Change Date, you will calculate the Interest Rate, which will be the Current Index plus 1.000 percentIndex. The result of this calculation will be rounded to the nearest .001 percent. Subject to any limitations, this will be the Interest Rate until the next Change Date. The new Interest Rate will become effective on each Change Date. The Interest Rate and other charges on this Note will never exceed the highest rate or charge allowed by law for this Note.
Appears in 1 contract
