Interest; Minimum Interest Charge; 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 2 contracts
Samples: Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Marquest Medical Products Inc)
Interest; Minimum Interest Charge; 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 2 contracts
Samples: Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Seair Group Inc)