Common use of Charges to Loan Account Clause in Contracts

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal to any loan account of Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 11 contracts

Samples: Loan and Security Agreement (Bradley Pharmaceuticals Inc), Loan and Security Agreement (Ohio Art Co), Loan and Security Agreement (Enamelon Inc)

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Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal to any loan account of Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee Accommodations and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 2 contracts

Samples: Loan and Security Agreement (STM Wireless Inc), Loan and Security Agreement (Ride Inc)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and any Borrower, may be charged on the date when due, as principal to any loan account of such Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee and any other amounts payable by any Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Mendocino Brewing Co Inc)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal to any loan account of Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee Interest and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Cytogen Corporation Loan and Security Agreement (Cytogen Corp)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal due to any loan account of Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee Interest and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, Agreement or in any other agreement now or hereafter existing between Lender and any Borrower, may be charged on the date when due, as principal to any loan account of Borrower maintained by LenderRevolving Loans. Interest, fees for AccommodationsLetters of Credit, the Unused Line Fee and any other amounts payable by any Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Sherwood Brands Inc)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borroweran Borrowers, may be charged on the date when due, due as principal to any loan account account(s) of Borrower Borrowers maintained by Lender. Interest, fees and shall thereafter bear interest at the rate and payable in the manner provided herein for Accommodations, the Unused Line Fee accrual and any other amounts payable by Borrower to Lender based payment of interest on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day yearoutstanding Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (For Better Living Inc)

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Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal due to any loan account of Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology Inc)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal to any loan account of Borrower maintained by Lender. Interest, fees for Accommodations, the Unused Line Fee and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis basi s of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loans and Security Agreement (Inmold Inc)

Charges to Loan Account. At Lender's option, all payments of principal, interest, fees, costs, expenses and other charges provided for in this Agreement, Agreement or in any other agreement now or hereafter existing between Lender and Borrower, may be charged on the date when due, as principal to any loan account of Borrower maintained by LenderRevolving Loans. Interest, fees for AccommodationsLetters of Credit, the Unused Line Fee and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Indesco International Inc)

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