Clearance Days. Notwithstanding Section 2.13(b)(ii), interest at the interest rate applicable under this Section 2.10 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) 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 2.13(b)(ii2.11(b)(ii), interest at the interest rate applicable under this Section 2.10 2.8 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day 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 2.13(b)(ii2.15(b)(ii), interest at the interest rate applicable under this Section 2.10 2.12 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day 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 2.13(b)(ii2.11(b)(ii), interest at the interest rate applicable under this Section 2.10 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 Banking Days for clearance.
Appears in 1 contract
Clearance Days. Notwithstanding Section 2.13(b)(ii2.8(b)(ii), interest at the interest rate applicable under this Section 2.10 2.5 shall accrue on the amount of all payments (even if in the form of immediately available federal funds) for one (1) day for clearance.
Appears in 1 contract
Samples: Credit and Security Agreement (Metretek Technologies Inc)
