Common use of Interest Deferral Clause in Contracts

Interest Deferral. Interest accrued on the Notes otherwise required to be paid in cash on July 15, 2017 shall instead be required to be paid in cash on October 31, 2017, plus interest accrued on such interest from July 15, 2017 to the date of payment thereof at a rate equal to 6.00% per annum plus 100 basis points.

Appears in 1 contract

Samples: Convertible Promissory Note Amendment (Xtant Medical Holdings, Inc.)

AutoNDA by SimpleDocs

Interest Deferral. Interest accrued on the Notes otherwise required to be paid in cash on July 15, 2017 shall instead be required to be paid in cash on October 31November 30, 2017, plus interest accrued on such interest from July 15, 2017 to the date of payment thereof at a rate equal to 6.00% per annum plus 100 basis points.

Appears in 1 contract

Samples: Third Amendment and Waiver (Xtant Medical Holdings, Inc.)

Interest Deferral. Interest accrued on the Notes otherwise required to be paid in cash on July 15, 2017 shall instead be required to be paid in cash on October December 31, 2017, plus interest accrued on such interest from July 15, 2017 to the date of payment thereof at a rate equal to 6.00% per annum plus 100 basis points.

Appears in 1 contract

Samples: Fourth Amendment and Waiver (Xtant Medical Holdings, Inc.)

Interest Deferral. Interest accrued on the Notes otherwise required to be paid in cash on July 15, 2017 shall instead be required to be paid in cash on October 31September 30, 2017, plus interest accrued on such interest from July 15, 2017 to the date of payment thereof at a rate equal to 6.00% per annum plus 100 basis points.

Appears in 1 contract

Samples: Amendment and Waiver (Xtant Medical Holdings, Inc.)

AutoNDA by SimpleDocs

Interest Deferral. Interest accrued on the Notes otherwise required to be paid in cash on July 15, 2017 shall instead be required to be paid in cash on October 31August 15, 2017, plus interest accrued on such interest from July 15, 2017 to the date of payment thereof at a rate equal to 6.00% per annum plus 100 basis points.

Appears in 1 contract

Samples: Omnibus Waiver (Xtant Medical Holdings, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!