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 basi s of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loans and Security Agreement (Inmold 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, 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 basi s basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Indesco International 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 basi s basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: 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 and any other amounts payable by Borrower to Lender based on a per annum rate shall be calculated on the basi s 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 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 basi s basis of actual days elapsed over a 360-day year.

Appears in 1 contract

Samples: Loan and Security Agreement (Adept Technology 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, 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 basi s 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 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 basi s basis of actual days elapsed over a 360-day year.

Appears in 1 contract

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

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