Common use of Interest Rate; Payment of Interest Clause in Contracts

Interest Rate; Payment of Interest. So long as no Event of Default has occurred and subject to the terms hereof, each advance hereunder shall bear interest at the interest rate called for and calculated pursuant to the terms of this Note.

Appears in 3 contracts

Samples: Loan and Security Agreement (Arrhythmia Research Technology Inc /De/), Loan and Security Agreement (Arrhythmia Research Technology Inc /De/), Loan and Security Agreement (Arrhythmia Research Technology Inc /De/)

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Interest Rate; Payment of Interest. So long as no Event of Default has occurred and subject to the terms hereof, each advance hereunder shall bear interest at the interest rate called for and calculated pursuant to the terms of this Note. 4.2.

Appears in 1 contract

Samples: www.sec.gov

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