Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference Rate. This may result in compounding of interest.
Appears in 6 contracts
Samples: Loan Agreement (Advanced Machine Vision Corp), Sa Business Loan Agreement (Wholesome & Hearty Foods Inc), Sa Business Loan Agreement (Flir Systems Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus 2.00 percentage points. This may result in compounding of interest.
Appears in 6 contracts
Samples: Business Loan Agreement (99 Cents Only Store), Agreement (Pia Merchandising Services Inc), Agreement (Aml Communications Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 2.00 percentage points. This may result in compounding of interest.
Appears in 3 contracts
Samples: Security Agreement (Cerprobe Corp), Loan Agreement (Ventana Medical Systems Inc), America Business Loan Agreement (Sunrise Preschools Inc/De/)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference Rate. This may result in compounding of interest.
Appears in 3 contracts
Samples: Loan Agreement (Tako Ventures LLC), Credit Agreement (Remedytemp Inc), Agreement (Arris Pharmaceutical Corp/De/)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus 1.00 percentage point. This may result in compounding of interest.
Appears in 3 contracts
Samples: Agreement (Sport Chalet Inc), Agreement (Edelbrock Corp), Business Agreement (Ashworth Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus two (2.00) percentage points. This may result in compounding of interest.
Appears in 2 contracts
Samples: Agreement (Variflex Inc), Agreement (Powerwave Technologies Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateBank's Prime Rate plus Two percent (2.0%). This may result in compounding of interest.
Appears in 2 contracts
Samples: Commercial Loan Agreement (Novellus Systems Inc), Commercial Loan Agreement (Novellus Systems Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus two (2.0) percentage points. This may result in compounding of interest.
Appears in 2 contracts
Samples: Business Loan Agreement (Salick Health Care Inc), Credit Agreement (Special Devices Inc /De)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate for Facility No. 1 and at the Bank's Reference Rate plus 0.75 percentage point for Facility No. 2 and Facility No. 3. This may result in compounding of interest.
Appears in 1 contract
Samples: Agreement (Tab Products Co)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference Rate. Rate minus 0.5 percentage point.. This may result in compounding of interest.
Appears in 1 contract
Samples: Plan and Trust Agreement (California Water Service Group)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus 1.25 percentage points. This may result in compounding of interest.
Appears in 1 contract
Samples: Channell Commercial Corp
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the LESSER of (a) the Maximum Rate OR (b) the Bank's Reference Rate. This may result in compounding of interestRate PLUS 0.25%.
Appears in 1 contract
Samples: Fresh America Corp
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when within 10 days after the date due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 1.00 percentage points. This may result in compounding of interest.
Appears in 1 contract
Samples: Sunquest Information Systems Inc
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference Rate. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference Rate. This may result in compounding Rate plus one- quarter (.25) of interesta percentage point."
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at a rate which is one-half (1/2) percentage point higher than the Reference Raterate of interest otherwise provided under this Agreement. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus one (1.0%) percentage point. This may result in compounding of interest.
Appears in 1 contract
Samples: Farr Co
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date until paid at the Reference RateBank's Prime Rate plus two percent (2.0%). This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 5.00 percentage points. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the lesser of (a) the Maximum Rate or (b) the Bank's Reference Rate. This may result in compounding of interestRate plus 1.00 percentage point.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate minus 0.25 percentage points. This may result in compounding of interest.
Appears in 1 contract
Samples: Loan Agreement (Flir Systems Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 1.00 percentage points. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 1.0 percentage point. This may result in compounding of interest.
Appears in 1 contract
Samples: Sa Business Loan Agreement (Claremont Technology Group Inc)
Interest on Late Payments. At the Subject to Section 2.7, at Bank's ’s sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference Rateannual interest rate in effect hereunder. This may result in compounding of interest.
Appears in 1 contract
Samples: Note and Revolving Loan Agreement (Thomas Weisel Partners Group, Inc.)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 1.00 percentage points. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at ninety percent (90%) of the Reference Rate. This may result in compounding of interest. 4.
Appears in 1 contract
Samples: Agreement (United Bancorp /Or/)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus 0.50 percentage points. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference Rate. Rate plus 2.00 percentage points, This may result in compounding of interest.
Appears in 1 contract
Samples: Grease Monkey Holding Corp
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus [1.00 percentage point]. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Restated Agreement (including interest) shall bear interest from the due date at the Reference Maximum Rate. This may result in compounding of interest.7.8
Appears in 1 contract
Samples: Credit Agreement (FFP Partners L P)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus 1.00 percentage points. This may result in a compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference Rate. Rate plus 1.00 percentage point This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at a rate per annum which is five percentage points higher than the Reference Raterate of interest otherwise provided under this Agreement. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate minus .5 percentage point. This may result in compounding of interest.. 5. CONDITIONS The Bank must receive the following items, in form and content acceptable to the Bank, before it is required to extend any credit to the Borrower under this Agreement: 5.1
Appears in 1 contract
Samples: California Water Service Co
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall will bear interest from the due date at the Reference Prime Rate. This may result in compounding of interest.
Appears in 1 contract
Samples: Secured Business Loan Agreement (Greg Manning Auctions Inc)
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Reference RateRate plus .50 percentage points. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each ------------------------- instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus two (2.0) percentage points. This may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus one and one-half (1.50) percentage points. This this may result in compounding of interest.
Appears in 1 contract
Interest on Late Payments. At the Bank's sole option in each instance, any amount not paid when due under this Agreement (including interest) shall bear interest from the due date at the Bank's Reference RateRate plus 2.0 percentage points. This may result in compounding of interest.
Appears in 1 contract
