Common use of Interest Compounding Clause in Contracts

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 percentage points. This may result in compounding of interest.

Appears in 5 contracts

Samples: Business Loan Agreement (Pricesmart Inc), Loan Agreement (Grill Concepts Inc), Business Loan Agreement (U S Laboratories Inc)

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Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 1 percentage points. This may result in compounding of interest.

Appears in 2 contracts

Samples: Business Loan Agreement (Ashworth Inc), America Business Loan Agreement (Edelbrock Corp)

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime ’s Reference Rate plus 2 1.00 percentage pointspoint. This may result in compounding of interest.

Appears in 1 contract

Samples: Loan Agreement (Sport Chalet Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Base Rate plus 2 four percentage pointspoints (4%). This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Universal Electronics Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date until paid at the Bank's Prime Reference Rate plus 2 two percentage pointspoints (2%). This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Media Arts Group Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 two (2) percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Pacific Sunwear of California Inc)

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's ’s Prime Rate plus 2 one (1) percentage pointspoint. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Bebe Stores Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Reference Rate plus 2 minus 0.5 percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: California Water Service Group

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's ’s Prime Rate plus 2 percentage pointsRate. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Network Equipment Technologies Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 3 percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Novatel Wireless Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Reference Rate plus 2 1 percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Loan Agreement (Farr Co)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 2.0 percentage pointspoint(s). This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Pacific Sunwear of California Inc)

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees fees, or costs which are not paid when due under this Agreement shall bear beat interest from the due date at the Bank's ’s Prime Rate plus 2 1.0 percentage pointspoint(s). This may result in compounding of interest.

Appears in 1 contract

Samples: Loan Agreement (Cohu Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees fees, costs or costs disbursements which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Default Rate plus 2 percentage pointsset forth above. This may result in compounding of interest.

Appears in 1 contract

Samples: Loan Agreement (Escalon Medical Corp)

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Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 2.0 percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (National Rv Holdings Inc)

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's ’s Prime Rate plus 2 percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Remedytemp Inc)

Interest Compounding. At the Bank's sole option in each -------------------- instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Reference Rate plus 2 three (3.00) percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Prolong International Corp)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Reference Rate plus 2 minus one-half (0.5) percentage pointspoint. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (McGrath Rentcorp)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees fees, or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 1.0 percentage pointspoint(s). This may result in compounding of interest.

Appears in 1 contract

Samples: Loan Agreement (Cohu Inc)

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Reference Rate plus 2 minus 0.05 percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: California Water Service Group

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 percentage pointsRate. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Motorcar Parts & Accessories Inc)

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's ’s Prime Rate plus 2 percentage pointstwo percent per annum. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Stater Bros Holdings Inc)

Interest Compounding. At the Bank's ’s sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's ’s Prime Rate plus 2 two (2) percentage points. This may result in compounding of interest.

Appears in 1 contract

Samples: Business Loan Agreement (Global Vacation Group Inc)

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