Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.
Appears in 7 contracts
Samples: Pro Dex Inc, Pro Dex Inc, Pro Dex Inc
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. U.S. $5,000,000.00 Dated as of September 6, 2018
Appears in 1 contract
Samples: www.sec.gov
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. TERM NOTE A U.S. $5,000,000.00 Dated as of September 6, 2018
Appears in 1 contract
Samples: Pro Dex Inc
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower Borrowers hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.
Appears in 1 contract
Samples: Air T Inc
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. AMENDED AND RESTATED REVOLVING CREDIT NOTE U.S. $17,000,000.00 March 28, 2019
Appears in 1 contract
Samples: Security Agreement (Air T Inc)
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. AMENDED AND RESTATED TERM NOTE C U.S. $1,000,000.00 Dated as of February 15, 2018
Appears in 1 contract
Samples: Air T Inc
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. 5565481_2.docx AMENDED AND RESTATED REVOLVING CREDIT NOTE U.S. $17,000,000.00 June 26, 2020
Appears in 1 contract
Samples: Revolving Credit Note (Air T Inc)
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a AMENDED AND RESTATED REVOLVING CREDIT NOTE U.S. $2,000,000.00 Dated as of November 6, 2020 Business Day, such payment shall be made on the next succeeding Business Day.
Appears in 1 contract
Samples: Security Agreement (Pro Dex Inc)
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower Maker hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.
Appears in 1 contract
Samples: Air T Inc
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. AMENDED AND RESTATED REVOLVING CREDIT NOTE U.S. $13,000,000.00 November 12, 2018
Appears in 1 contract
Samples: Security Agreement (Air T Inc)
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. REVOLVING CREDIT NOTE U.S. $10,000,000.00 April 3, 2019
Appears in 1 contract
Samples: Security Agreement (Air T Inc)
Interest Calculation Method. Interest on this Note shall be calculated on the basis of a 360-day year and the actual number of days elapsed in any portion of a month in which interest is due. If any payment to be made by the Borrower hereunder shall become due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day.. AMENDED AND RESTATED REVOLVING CREDIT NOTE U.S. $2,000,000.00 November 5, 2021
Appears in 1 contract
Samples: Security Agreement (Pro Dex Inc)
