Interest in Cash. Interest on the aggregate outstanding principal amount of this Note shall accrue at the rate of 8% per annum and shall be payable in cash on the Maturity Date or as otherwise set forth herein.
Appears in 2 contracts
Samples: Security Agreement (Wynnefield Partners Small Cap Value Lp I), Security Agreement (GlyEco, Inc.)
Interest in Cash. Interest on the aggregate outstanding principal amount of this Note shall accrue at the rate of 8% ten percent (10%) per annum and shall be payable in cash on the Maturity Date or as otherwise set forth herein.
Appears in 2 contracts
Samples: Security Agreement (GlyEco, Inc.), Promissory Note (Wynnefield Partners Small Cap Value Lp I)
Interest in Cash. Interest on the aggregate outstanding principal amount of this Note shall accrue at the rate of 85% per annum and shall be payable in cash on the Maturity Date or as otherwise set forth herein.
Appears in 2 contracts
Samples: Security Agreement (Wynnefield Partners Small Cap Value Lp I), Security Agreement (GlyEco, Inc.)