Contract Rate Adjustments and Payments. The Contract Rate shall be calculated on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “Determination Date”) and shall be subject to adjustment as set forth herein.
Appears in 4 contracts
Samples: Secured Convertible Term Note (American Technologies Group Inc), Secured Convertible Minimum Borrowing Note (American Technologies Group Inc), Secured Revolving Note (Iwt Tesoro Corp)
Contract Rate Adjustments and Payments. The Contract Rate shall be calculated on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “Determination Date”) and shall be subject to adjustment as set forth herein).
Appears in 4 contracts
Samples: Secured Non Convertible Revolving Note (Airnet Communications Corp), Secured Term Note (Naturade Inc), Secured Convertible Note (Airnet Communications Corp)
Contract Rate Adjustments and Payments. The Contract Rate shall be calculated on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “Determination Date”) and shall be subject to adjustment as set forth herein.
Appears in 2 contracts
Samples: Secured Convertible Term Note (Patients & Physicians, Inc.), Secured Revolving Note (Reliant Home Warranty Corp)
Contract Rate Adjustments and Payments. The Contract Rate shall be calculated subject to adjustment on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “"Determination Date”) and shall be subject to adjustment "), as set forth hereinin this Section 1.
Appears in 1 contract
Samples: Secured Convertible Minimum Borrowing Note (Bp International Inc)
Contract Rate Adjustments and Payments. The Contract Rate shall be calculated on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “Determination Date”) and shall be subject to adjustment as set forth herein.. If (i) the Company shall have registered the shares of the Common Stock underlying the conversion of this Note and each Warrant on a registration statement declared effective by the Securities and Exchange Commission (the “SEC”), and
Appears in 1 contract
Samples: Secured Convertible Term Note (Biodelivery Sciences International Inc)
Contract Rate Adjustments and Payments. The Contract Rate shall be calculated subject to adjustment on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “Determination Date”"DETERMINATION DATE") and shall be subject to adjustment as set forth hereinin this Section 1.
Appears in 1 contract
Contract Rate Adjustments and Payments. The Contract Rate shall be ------------------------------------------ calculated on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section Section
1.1) until the Maturity Date (each a “Determination Date”"DETERMINATION DATE") and shall be subject to adjustment as set forth herein.
Appears in 1 contract
Contract Rate Adjustments and Payments. The Contract Rate shall be calculated on the last business day of each calendar month hereafter (other than for increases or decreases in the Prime Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date (each a “Determination Date”) and shall be subject to adjustment as set forth herein.. SECURED REVOLVING NOTE
Appears in 1 contract
Samples: Secured Revolving Note (Essential Innovations Technology Corp)
