Common use of Interest and Principal Clause in Contracts

Interest and Principal. Interest shall accrue from the date ---------------------- of each Equipment Advance under the Equipment Facility at a rate equal to one- half of one (.50) percentage point above the Prime Rate, and shall be payable monthly on the Payment Date for each month through the month in which the Equipment Availability Date falls. Bank shall, at its option, charge such interest, all Bank Expenses and all Periodic Payments against any of Borrower's deposit accounts or against the Committed New Equipment Line, in which case those amounts unless satisfied shall thereafter accrue interest at the rate then applicable hereunder. Any interest not paid when due shall, unless satisfied, be compounded by becoming a part of the Obligations, and such interest shall thereafter accrue interest at the rate then applicable hereunder. All Equipment Advances under the Equipment Facility that are outstanding on the Equipment Availability Date will be payable in thirty-six (36) equal monthly installments of principal plus accrued interest, on the Payment Date for each month through the Equipment Maturity Date.

Interest and Principal. Interest shall accrue from the ---------------------- date ---------------------- of each Equipment Advance under the New Equipment Facility at a the rate equal to one- half of one (.50) percentage point above the Prime Ratespecified in Section 2.2(a), and shall be payable monthly on the Payment Date for each month through the month in which the New Equipment Availability Date falls. Bank shall, at its option, charge such interest, all Bank Expenses Expenses, and all Periodic Payments against any of Borrower's deposit accounts or against the Committed New Equipment Line, in which case those amounts unless satisfied shall thereafter accrue interest at the rate then applicable hereunder. Any interest not paid when due shall, unless satisfied, shall be compounded by becoming a part of the Obligations, and such interest shall thereafter accrue interest at the rate then applicable hereunder. All Equipment Advances under the New Equipment Facility that are outstanding on the New Equipment Availability Date will be payable in thirty-six (36) equal monthly installments of principal principal, plus accrued interest, on the Payment Date for each month through the New Equipment Facility Maturity Date.

Interest and Principal. Interest shall accrue from the date ---------------------- of each Equipment Advance under at the Equipment Facility at a rate equal to one- half of one (.50) percentage point above the Prime Ratespecified in Section 2.3(a), and shall be payable monthly on the Payment Date for of each month through the month in which the Equipment Availability Date fallsterm of this Agreement. Bank shall, at its option, charge such interest, all Bank Expenses Expenses, and all Periodic Payments against any of Borrower's deposit accounts accounts, against the Revolving Committed Line, or against the Committed New Equipment Line, in which case those amounts unless satisfied shall thereafter accrue interest at the rate then applicable hereunder. Any interest not paid when due shall, unless satisfied, shall be compounded by becoming a part of the Obligations, and such interest shall thereafter accrue interest at the rate then applicable hereunder. All Equipment Advances under the Equipment Facility that are outstanding on the Equipment Facility Availability Date will be payable in thirty-six (36) equal monthly installments of principal principal, plus accrued interest, on the Payment Date for each month through the Equipment Maturity Date. All Leasehold Advances that are outstanding on the Leasehold Facility Availability Date will be payable in eighty-four (84) equal monthly installments of principal, plus accrued interest, on the Payment Date for each month through the Leasehold Maturity Date.

Interest and Principal. Interest shall accrue from the date ---------------------- of each Equipment Advance under at the Equipment Facility at a rate equal to one- half of one (.50) percentage point above the Prime Ratespecified in Section 2.3(a), and shall be payable monthly on the Payment Date first (1st) calendar day of the month for each month through the month in which the Equipment Availability Date falls. Bank shall, at its option, charge such interest, all Bank Expenses Expenses, and all Periodic Payments against any of Borrower's deposit accounts or against the Equipment Committed New Equipment Line, in which case those amounts unless satisfied shall thereafter accrue interest at the rate then applicable hereunder. Any interest not paid when due shall, unless satisfied, shall be compounded by becoming a part of the Obligations, and such interest shall thereafter accrue interest at the rate then applicable hereunder. All Equipment Advances under the Equipment Facility that are outstanding on the Equipment Availability Date will be payable in thirty-six (36) equal monthly installments of principal principal, plus accrued interest, on the Payment Date first (1st) calendar day of the month for each month through the Equipment Maturity Date.