Financial Information Default. Without affecting Lender's other rights and remedies, in the event Borrower fails to deliver the financial information required by paragraphs 9 and 11 on the date required by this Agreement, Borrower shall pay Lender a fee in the amount of $100.00 for each such failure. Such fee shall be charged to Borrower's account upon the occurrence of each such failure.
Appears in 2 contracts
Samples: Loan and Security Agreement (Vista 2000 Inc), Loan and Security Agreement (Creative Technologies Corp)
Financial Information Default. Without affecting Lender's other rights and remedies, in the event any Borrower fails to deliver the financial information required by paragraphs 9 and 11 on the date required by this Agreement, Borrower Borrowers shall pay Lender a fee in the amount of $100.00 for each such failure. Such fee shall be charged to Borrower's Borrowers' account upon the occurrence of each such failure.
Appears in 1 contract
Financial Information Default. Without affecting Lender's other rights and remedies, in the event Borrower fails to deliver the financial information required by paragraphs 9 and Section 11 on the date required by this Agreement, Borrower shall pay Lender a fee in the amount of $100.00 per day for each such failurefailure until such failure is cured to Lender's satisfaction or waived in writing by Lender. Such fee shall be charged to Borrower's account upon the occurrence of each such failure.
Appears in 1 contract
Samples: Loan and Security Agreement (Ventures National Inc)
Financial Information Default. Without affecting Lender's other rights and remedies, in the event any Borrower fails to deliver the financial information required by paragraphs 9 and Section 11 on the date required by this Agreement, Borrower Borrowers shall pay Lender a fee in the amount of $100.00 per day for each such failurefailure until such failure is cured to Lender's satisfaction or waived in writing by Lender. Such fee shall be charged to Borrower's Borrowers' account upon the occurrence of each such failure.
Appears in 1 contract
Financial Information Default. Without affecting Lender's ----------------------------- other rights and remedies, in the event Borrower fails to deliver the financial information required by paragraphs 9 and 11 on the date required by this Agreement, Borrower shall pay Lender a fee in the amount of $100.00 for each such failure. Such fee shall be charged to Borrower's account upon the occurrence of each such failure.
Appears in 1 contract
