Interest on Unpaid Costs and Expenses. If the Borrowers fail to pay when due any expenses or other amounts paid by the Lender hereunder (other than principal or interest on any Advance), the Borrowers agree to pay interest on such unpaid amount from the time such amount is due until paid at the rate equal to the highest rate of interest then applicable under the Facilities.
Appears in 3 contracts
Samples: Credit Agreement (Red White & Bloom Brands Inc.), Credit Agreement, Credit Agreement
Interest on Unpaid Costs and Expenses. If the Borrowers fail a Borrower fails to pay when due any amount in respect of costs or expenses or any other amounts amount required to be paid by the Lender it hereunder (other than principal or interest on any AdvanceAdvances), the Borrowers agree to it shall pay interest on such unpaid amount from the time such amount is due until paid at the rate equal to the highest rate of interest then applicable under to the Facilities.
Appears in 2 contracts
Samples: Supplemental Agreement (Tucows Inc /Pa/), Loan Agreement (Tucows Inc /Pa/)
Interest on Unpaid Costs and Expenses. If the Borrowers fail Borrower fails to pay when due any amount in respect of costs or expenses or any other amounts amount required to be paid by the Lender it hereunder (other than principal or interest on any Advance), the Borrowers agree to it shall pay interest on such unpaid amount from the time such amount is due until paid at the rate equal to the highest rate of interest then applicable under the Facilities.
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