Interest; Default Interest; Participations; Usury. Interest accruing on the Note shall be due and payable in arrears on the first day of each month.
Appears in 6 contracts
Samples: Credit and Security Agreement (Winland Electronics Inc), Revolving Credit and Security Agreement (Brauns Fashions Corp), Credit and Security Agreement (Micro Component Technology Inc)
Interest; Default Interest; Participations; Usury. Interest accruing on the Note Notes shall be due and payable in arrears on the first day of each month.
Appears in 3 contracts
Samples: Credit and Security Agreement (Health Fitness Physical Therapy Inc), Credit and Security Agreement (First Team Sports Inc), Credit and Security Agreement (Ultra Pac Inc)
Interest; Default Interest; Participations; Usury. Interest accruing on the Demand Note shall be due and payable in arrears on the first day of each month.
Appears in 1 contract