Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 56 contracts
Samples: Credit Agreement (Cancer Genetics, Inc), Credit Agreement (Virco MFG Corporation), Memorandum of Modification Agreement (Virco MFG Corporation)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 48 contracts
Samples: Credit Agreement (Medtox Scientific Inc), Loan Agreement (Pro Dex Inc), Credit Agreement (Startek Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank's option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 14 contracts
Samples: Credit Agreement (S&W Seed Co), Credit Agreement (S&W Seed Co), Credit Agreement (S&W Seed Co)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 12 contracts
Samples: Credit Agreement (Zumiez Inc), Credit and Security Agreement (Kewaunee Scientific Corp /De/), Credit Agreement (Impac Mortgage Holdings Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Note.
Appears in 10 contracts
Samples: Credit Agreement (America First Multifamily Investors, L.P.), Credit Agreement (America First Multifamily Investors, L.P.), Credit Agreement (America First Multifamily Investors, L.P.)
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 10 contracts
Samples: Credit Agreement (Provena Foods Inc), Credit Agreement (Hall Kinion & Associates Inc), Credit Agreement (Seattle Filmworks Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 8 contracts
Samples: Credit Agreement, Credit Agreement (Marcus & Millichap, Inc.), Credit Agreement (Marcus & Millichap, Inc.)
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 7 contracts
Samples: Credit Agreement (Provena Foods Inc), Credit Agreement (Hall Kinion & Associates Inc), Wells Fargo (Staar Surgical Company)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (Bebe Stores, Inc.), Credit Agreement (Day Runner Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Xxxxxx, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this NoteNote (the “Default Rate”).
Appears in 4 contracts
Samples: Term Loan Note (Lodging Fund REIT III, Inc.), Term Loan Note (Lodging Fund REIT III, Inc.), Term Loan Note (Lodging Fund REIT III, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the outstanding occurrence, and during the continuance of an Event of Default, the outside principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 4 contracts
Samples: Credit Agreement (Tilly's, Inc.), Credit Agreement and Note (Tilly's, Inc.), Credit Agreement (Tilly's, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Lender’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 4 contracts
Samples: Credit Agreement (Saba Software Inc), Credit Agreement (Saba Software Inc), Credit Agreement (Saba Software Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Credit Agreement (Power Integrations Inc), Credit Agreement (Marcus & Millichap, Inc.), Credit Agreement (Power Integrations Inc)
Default Interest. From and after the maturity date Maturity Date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Consent and Agreement (Global Water Resources, Inc.), Global Water Resources, Inc., Global Water Resources, Inc.
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-360 day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Virco MFG Corporation, Credit Agreement (Virco MFG Corporation), Virco MFG Corporation
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank's option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Credit Agreement (Mocon Inc), Credit Agreement (Bebe Stores, Inc.), Fortress International Group, Inc.
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) 2% above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Security Agreement (Lacrosse Footwear Inc), eTelecare Global Solutions, Inc., Dot Hill Systems Corp
Default Interest. From and after the maturity date of this Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Credit Agreement (Provena Foods Inc), Exponent Inc, Grip Technologies Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest Interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Avigen Inc \De, Avigen Inc \De, Avigen Inc \De
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42.00%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: Credit Agreement (Bebe Stores, Inc.), Skullcandy, Inc., Skullcandy, Inc.
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Samples: SBS Technologies Inc, SBS Technologies Inc, Credit Agreement (Winnebago Industries Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to in effect on the scheduled maturity date of this Note, or any accelerated maturity date.
Appears in 2 contracts
Samples: Lindsay Corp, Lindsay Manufacturing Co
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Xxxxxx, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Term Loan Note, Term Loan Note
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Credit Agreement (Synaptics Inc), Credit Agreement (SJW Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42.00%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Credit Agreement (Tekelec), Credit Agreement (Day Runner Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank's option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Credit Agreement (SJW Corp), Credit Agreement (SJW Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Notethe credit agreement dated May 30, 2001.
Appears in 2 contracts
Samples: Credit Agreement (Northwest Pipe Co), Credit Agreement (Northwest Pipe Co)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42.0%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Credit Agreement (Datalink Corp), Credit Agreement (Datalink Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time otherwise applicable to this Note., but in no event at a rate greater than the Maximum Rate or the EBT Rate. REPAYMENT:
Appears in 2 contracts
Samples: Interest Free Loan Agreement, Interest Free Loan Agreement
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REPAYMENT:
Appears in 2 contracts
Samples: EnviroStar, Inc., EnviroStar, Inc.
Default Interest. From and after the maturity date of this NoteMaturity Date, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Biohaven Pharmaceutical Holding Co Ltd., Biohaven Pharmaceutical Holding Co Ltd.
Default Interest. From and after the maturity date of this Note, ---------------- or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Samples: Credit Agreement (Lecg Inc), Securities Account Control Agreement (Grip Technologies Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Lender’s option upon the occurrence, and during the continuance of any Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (45%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: AAC Holdings, Inc.
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (4%5'-.) above the interest rate of interest in effect from time to time applicable to this Notetime.
Appears in 1 contract
Samples: Stratford American Corp
Default Interest. From and after the maturity date of this the Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this the Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43.00%) above the rate of interest from time to time applicable to this the Note.
Appears in 1 contract
Samples: Agreement (Business Resource Group)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a three hundred sixty (360-) day year, actual days elapsed) equal to four five percent (45%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) 2% above the rate of interest Prime Rate in effect from time to time applicable to this Notetime.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Cholestech Corporation
Default Interest. From and after the maturity date of this Note, . or such earlier date as all principal owing hereunder owing, xxxxxxxxx becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, . actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Auto Graphics Inc
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on an the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Interwoven Inc
Default Interest. From and after the maturity date of this the Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this the Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four THREE percent (43.0%) ----- --- above the rate of interest from time to time applicable to this the Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REL; Principal/Interest Together; MMFR; 5-year Interest Adjustments 032098 REPAYMENT AND PREPAYMENT:
Appears in 1 contract
Samples: Elmers Restaurants Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, (actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Shoe Pavilion Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Symmetricom Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Orion Energy Systems, Inc.
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing owing, hereunder becomes due and payable by acceleration or otherwise, the . The outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, . actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Auto Graphics Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360365/366-day year, as the case may be, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note, but in no event at a rate greater than the Maximum Rate.
Appears in 1 contract
Samples: Credit Agreement (Acr Group Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43.00%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Northwest Pipe Co)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (45%) above the interest rate of interest in effect from time to time applicable to this Notetime.
Appears in 1 contract
Samples: Stratford American Corp
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (45%) above the rate of interest from time to time applicable to this Note..
Appears in 1 contract
Samples: Flexsteel Industries Inc
Default Interest. From and after the maturity date of this ---------------- Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, . actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Auto Graphics Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.. XXXXXXXX.XX (08/08) 20081030033 / Page 2 Revolving Line of Credit Note 02690, #5564597639
Appears in 1 contract
Samples: Credit Agreement
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum annum. (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.. XXXXXXXX.XX (01/03) 20040421030 / Page 2 Revolving Line of Credit Note 62596, #6411046333
Appears in 1 contract
Samples: Credit Agreement (Natural Alternatives International Inc)
Default Interest. From and after the maturity date of this Note, ---------------- or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at the Secured Party’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four nine percent (49%) above the rate of interest from time to time applicable to this NoteNote (the “Default Rate”).
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REPAYMENT:
Appears in 1 contract
Samples: Tejon Ranch Co
Default Interest. From and after the maturity date of this Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the higher of (i) the Prime Rate or (ii) the rate of interest from time to time then in effect applicable to this Note.
Appears in 1 contract
Samples: International Network Services
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-–day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Expeditors International of Washington Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-–day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Natrol Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note. 2.
Appears in 1 contract
Samples: Medtox Scientific Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 36036O-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (SJW Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.. PXXXXXXX.XX (04/05) Revolving Line of Credit Note 05681,#5197138389
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360365-day year (366 during any leap year), actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: www.sec.gov
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Proto Labs Inc)
Default Interest. From and after the maturity date Maturity Date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence, and during the continuance of an Event of Default, then at the option of the Bank the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) at an increased rate per annum equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Red Lion Hotels CORP
Default Interest. From and after the maturity date Maturity Date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence, and during the continuance of an Event of Default, then at the option of the Bank the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) at an increased rate per annum equal to four two percent (42%) above the rate of interest from time to time applicable to this Note. 6.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Keith Companies Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this NoteNote (“Default Interest”).
Appears in 1 contract
Samples: Credit Agreement (Landec Corp \Ca\)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Note.. REPAYMENT:
Appears in 1 contract
Samples: RGC Resources Inc
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REPAYMENT AND PREPAYMENT:
Appears in 1 contract
Samples: Credit Agreement (Natural Alternatives International Inc)
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest Interest from time to time applicable to this Note.
Appears in 1 contract
Samples: Credit Agreement (Shoe Pavilion Inc)
