Contract Rate 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 and shall be subject to adjustment as set forth herein.
Appears in 27 contracts
Samples: Securities Purchase Agreement (Modtech Holdings Inc), Note Agreement (Micro Component Technology Inc), Note Agreement (Micro Component Technology Inc)
Contract Rate 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 and shall be subject to adjustment as set forth hereinDate.
Appears in 7 contracts
Samples: Secured Term Note (Digital Recorders Inc), Secured Term Note (Incentra Solutions, Inc.), Secured Convertible Term Note (Auxilio Inc)
Contract Rate 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 and shall be subject to adjustment as set forth herein(each a “Determination Date”).
Appears in 6 contracts
Samples: Secured Non Convertible Term Note (Ronco Corp), Secured Non Convertible Revolving Note (Ronco Corp), Secured Non Convertible Revolving Note (Small World Kids Inc)
Contract Rate Payments. The Contract Rate shall be calculated on the last business day 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 and shall be subject to adjustment as set forth herein.
Appears in 6 contracts
Samples: Note (Rapid Link Inc), Convertible Note Agreement (ProLink Holdings Corp.), Note (Sten Corp)
Contract Rate 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 and shall be subject to adjustment as set forth herein.
Appears in 4 contracts
Samples: Secured Term Note (True North Energy CORP), Secured Term Note (True North Energy CORP), Secured Term Note (True North Energy CORP)
Contract Rate 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 and shall be subject to adjustment as set forth herein.(each a "Determination Date")
Appears in 3 contracts
Samples: Secured Revolving Note (On the Go Healthcare Inc), Secured Non Convertible Revolving Note (Gse Systems Inc), Secured Convertible Term Note (On the Go Healthcare Inc)
Contract Rate 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 and shall be subject to adjustment as set forth herein.
Appears in 2 contracts
Samples: Secured Revolving Note (Trinity Learning Corp), Secured Term Note (Trinity Learning Corp)
Contract Rate 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 Second Maturity Date and shall be subject to adjustment as set forth hereinDate.
Appears in 1 contract
Contract Rate 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") and shall be subject to adjustment as set forth herein.. Secured Non-convertible Revolving Note
Appears in 1 contract
Samples: Secured Revolving Note (Xstream Beverage Network, Inc.)
Contract Rate 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 Secured Revolving Note Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date and shall be subject to adjustment as set forth herein.
Appears in 1 contract
Contract Rate 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 and shall be subject to adjustment as set forth herein.(each a "DETERMINATION DATE")
Appears in 1 contract
Samples: Secured Non Convertible Revolving Note (Pacific Cma Inc)
Contract Rate 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 and shall be subject to adjustment as set forth herein.(each a "Determination Date") 1
Appears in 1 contract
Samples: Secured Convertible Note (On the Go Healthcare Inc)
Contract Rate 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 applicable Maturity Date and shall be subject to adjustment as set forth herein.
Appears in 1 contract
Contract Rate 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 1 contract
Samples: Secured Convertible Minimum Borrowing Note (Accentia Biopharmaceuticals Inc)
Contract Rate 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 Secured Non-Convertible Revolving Note Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date and shall be subject to adjustment as set forth herein(each a “Determination Date”).
Appears in 1 contract
Samples: Secured Non Convertible Revolving Note (Digital Recorders Inc)
Contract Rate 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 and shall be subject to adjustment as set forth hereinDate.
Appears in 1 contract
Contract Rate 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 1 contract
Samples: Secured Convertible Term Note (Accentia Biopharmaceuticals Inc)
Contract Rate 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 and shall be subject to adjustment as set forth herein(each, a "DETERMINATION DATE").
Appears in 1 contract
Samples: Secured Term Note (Thinkpath Inc)
Contract Rate 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") and shall be subject to adjustment as set forth herein.
Appears in 1 contract
Samples: Secured Convertible Term Note (General Environmental Management, Inc)
Contract Rate 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 and shall be subject to adjustment as set forth herein.. Secured Convertible Term Note
Appears in 1 contract
Samples: Secured Convertible Term Note (Chad Therapeutics Inc)
Contract Rate 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 and (each a "Determination Date"). All payments made by any Company to Holder hereunder, or under the Security Agreement or under any other Ancillary Agreement shall be subject sent via wire transfer or otherwise to adjustment as set forth hereinan account designated in writing by Holder; such account to be located in the State of New York.
Appears in 1 contract
Samples: Secured Non Convertible Revolving Note (RG America, Inc.)
Contract Rate 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 Secured Convertible Term Note Rate which shall be calculated and become effective in accordance with the terms of Section 1.1) until the Maturity Date and shall be subject to adjustment as set forth herein.
Appears in 1 contract
Contract Rate 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 and shall be subject to adjustment as set forth herein(each a "Determination Date").
Appears in 1 contract
Samples: Security Agreement (Deja Foods Inc)