Interest on Amounts. Except as may be expressly provided otherwise in this Agreement, all amounts owed by the Credit Parties to the Lender (including interest), which are not paid when due (whether at stated maturity, on demand, by acceleration or otherwise) shall bear interest (both before and after default and judgment), from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to the Interest Rate plus 5%.
Appears in 3 contracts
Samples: Senior Secured Gold Stream Credit Agreement (Gryphon Gold Corp), Gold Stream Credit Agreement (Gryphon Gold Corp), Credit Agreement (Santa Fe Gold CORP)
Interest on Amounts. Except as may be expressly provided otherwise in this Agreement, all amounts owed by the Credit Parties Borrower to the Lender (including interest)Lender, which are not paid when due (whether at stated maturity, on demand, by acceleration or otherwise) shall bear interest (both before and after default and judgment), from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to the Interest Rate plus 510%.
Appears in 3 contracts
Samples: Stream Credit Agreement (Golden Phoenix Minerals Inc), Stream Credit Agreement (Golden Phoenix Minerals Inc), Stream Credit Agreement (Golden Phoenix Minerals Inc)
Interest on Amounts. Except as may be expressly provided otherwise in this Agreement, all amounts owed by the Credit Parties Borrower to the Lender (including interest)Lender, which are not paid when due (whether at stated maturity, on demand, by acceleration or otherwise) shall bear interest (both before and after default and judgment), from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to the Interest Rate plus 5[*]%.
Appears in 1 contract
Samples: Stream Credit Agreement (Royal Standard Minerals Inc)
Interest on Amounts. Except as may be expressly provided otherwise in this Agreement, all amounts owed by the Credit Parties Borrower to the Lender (including interest)Lender, which are not paid when due (whether at stated maturity, on demand, by acceleration or otherwise) shall bear interest (both before and after default and judgment), from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to the Interest Rate plus 5%.
Appears in 1 contract
Samples: Stream Credit Agreement (Royal Standard Minerals Inc)
