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), Secured Revolving Note (Spacedev Inc), Other Companies (Elandia International 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), Incentra Solutions, Inc., Incentra Solutions, 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: Micro Component Technology Inc, Small World Kids Inc, Micro Component Technology 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: Other Companies (ProLink Holdings Corp.), Other Companies (Rapid Link Inc), Other Companies (ProLink Holdings 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: On the Go Healthcare Inc, Gse Systems Inc, 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 (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 Maturity Date and shall be subject to adjustment as set forth herein.. Secured Convertible Term Note
Appears in 1 contract
Samples: 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 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 and shall be subject to adjustment as set forth herein(each, a "DETERMINATION DATE").
Appears in 1 contract
Samples: 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 1.1) until the Maturity Date (each a "Determination 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 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
Samples: Jagged Peak, 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: 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 herein.(each a "Determination Date"). ARTICLE II
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: 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 (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: 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 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: 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 1.1) until the Second Maturity Date and shall be subject to adjustment as set forth hereinDate.
Appears in 1 contract
Samples: Amended And (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 herein.(each a "Determination Date") 1
Appears in 1 contract
Samples: 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 (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 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: 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 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 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
Samples: Chad Therapeutics Inc
