Common use of Interest After Maturity Clause in Contracts

Interest After Maturity. The unpaid principal balance and interest due under this Revolving Note after maturity (whether this Revolving Note matures by demand, acceleration or lapse of time) shall bear interest until paid at the Base Rate plus 1.00%, floating.

Appears in 2 contracts

Samples: Credit Agreement (Winland Electronics Inc), Credit Agreement (Biosensor Corp)

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Interest After Maturity. The unpaid principal balance and interest due under this Revolving Note after maturity (whether this Revolving Note matures by demand, acceleration or lapse of time) shall bear interest until paid at the Base Rate plus 1.002.0%, floating.

Appears in 2 contracts

Samples: Medamicus Inc, Medamicus Inc

Interest After Maturity. The unpaid principal balance and interest due under this Revolving Note after maturity (whether this Revolving Note matures by demand, acceleration or lapse of time) shall bear interest until paid at the Base Rate plus 1.00%Rate, floating.

Appears in 1 contract

Samples: Credit Agreement (Planar Systems Inc)

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Interest After Maturity. The unpaid principal balance and interest due under this Revolving Note after maturity (whether this Revolving Note matures by demand, acceleration or lapse of time) shall bear interest until paid at the Base Rate plus 1.000.75%, floating.

Appears in 1 contract

Samples: Revolving Note (Winland Electronics Inc)

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