Clearance Days. Notwithstanding Section 2.11(b)(ii), interest at the interest rate applicable under this Section 2.8 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) for clearance.
Appears in 2 contracts
Samples: Credit and Security Agreement (Metretek Technologies Inc), Credit and Security Agreement (Metretek Technologies Inc)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.13(b)(ii), interest at the interest rate applicable under this Section 2.8 2.10 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 2 contracts
Samples: Credit and Security Agreement (Zila Inc), Credit and Security Agreement (Ag Bag International LTD)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.10(b)(ii), interest at the interest rate applicable under this Section 2.8 2.7 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one two (12) day(s) Banking Days for clearance.
Appears in 2 contracts
Samples: Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.8 2.12 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) for clearance.
Appears in 2 contracts
Samples: Credit and Security Agreement (Landec Corp \Ca\), Credit and Security Agreement (Landec Corp \Ca\)
Clearance Days. Notwithstanding Section 2.11(b)(ii), interest Interest at the interest rate applicable under this Section 2.8 2.9 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (Leather Factory Inc)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.12(b)(ii), interest at the interest rate applicable under this Section 2.8 2.9 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one two (12) day(s) days for clearance.
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Clearance Days. Notwithstanding Section 2.11(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.8 2.12 shall accrue on the amount of all payments for two (even if 2) days for clearance unless in the form of immediately available federal funds) , in which case no interest will be charged for one (1) day(s) for clearanceclearance days.
Appears in 1 contract
Samples: Credit and Security Agreement (Bionova Holding Corp)
Clearance Days. Notwithstanding Section 2.11(b)(ii), interest at the interest rate applicable under this Section 2.8 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (Dynamic Materials Corp)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.8 2.12 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one two (12) day(s) for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (International Displayworks Inc)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.16(b)(ii), interest at the interest rate applicable under this Section 2.8 2.13 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (Smtek International Inc)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.8 2.12 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) business day for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (Corsair Components, Inc.)
Clearance Days. Notwithstanding Section 2.11(b)(ii), interest at the interest rate applicable under this Section 2.8 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one two (12) day(s) Banking Days for clearance.
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Clearance Days. Notwithstanding Section 2.11(b)(ii), interest at the interest rate applicable under this Section 2.8 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 1 contract
Clearance Days. Notwithstanding Section 2.11(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.8 2.12 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one two (12) day(s) days for clearance.
Appears in 1 contract
Clearance Days. Notwithstanding Section 2.11(b)(ii2.8(b)(ii), interest at the interest rate applicable under this Section 2.8 2.5 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (Metretek Technologies Inc)
Clearance Days. Notwithstanding Section 2.11(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.8 2.12 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day(s) day for clearance.
Appears in 1 contract
