Common use of Late Charge Clause in Contracts

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 24 contracts

Sources: Business Loan Agreement (Wilhelmina International, Inc.), Business Loan Agreement (Wilhelmina International, Inc.), Business Loan Agreement (Torotel Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 20 contracts

Sources: Loan Agreement (Applied Digital Corp.), Change in Terms Agreement, Agreement for Sale of Real Estate

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $10.00, whichever is greater.

Appears in 11 contracts

Sources: Loan Agreement (Skyway Communications Holding Corp), Business Loan Agreement (Prospect Acquisition Corp), Change in Terms Agreement (Innsuites Hospitality Trust)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $25.00, whichever is greater.

Appears in 11 contracts

Sources: Intergovernmental Agreement, Change in Terms Agreement (Landmark Bancorp Inc), Change in Terms Agreement (Landmark Bancorp Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $5.00, whichever is greater.

Appears in 7 contracts

Sources: Change in Terms Agreement (Fotoball Usa Inc), Promissory Note (New Horizons Worldwide Inc), Promissory Note (New Horizons Worldwide Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $50.00, whichever is greater.

Appears in 7 contracts

Sources: Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $50.00, whichever is greater.

Appears in 6 contracts

Sources: Change in Terms Agreement (Electromed, Inc.), Change in Terms Agreement (Electromed, Inc.), Change in Terms Agreement (Electromed, Inc.)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $5.00, whichever is greater.

Appears in 5 contracts

Sources: Business Loan Agreement (Qad Inc), Change in Terms Agreement (GeoPharma, Inc.), Promissory Note (Biomerica Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0006.000% of the unpaid portion of the regularly scheduled paymentpayment or $10.00, whichever is greater.

Appears in 5 contracts

Sources: Business Loan Agreement (Ministry Partners Investment Corp), Business Loan Agreement (Ministry Partners Investment Corp), Business Loan Agreement (Ministry Partners Investment Corp)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $15.00, whichever is greater.

Appears in 5 contracts

Sources: Loan Agreement (SD Co Inc), Business Loan Agreement (Web Press Corp), Business Loan Agreement (Web Press Corp)

Late Charge. If a payment is 10 ten (10) days or more late, Borrower will be charged 5.000% of $5.00 as a late fee. This fee shall be imposed each month during which a payment is ten (10) days or more late, and said fee shall be promptly paid by Borrower in addition to the full regularly scheduled monthly payment for said month. Any unpaid late charges will be added to the unpaid portion balance of the regularly scheduled paymentthis Note and interest shall accrue and compound thereon.

Appears in 5 contracts

Sources: Convertible Debenture Transfer Agreement (Jayhawk Energy, Inc.), Convertible Debenture Transfer Agreement (Jayhawk Energy, Inc.), Convertible Debenture Transfer Agreement (Jayhawk Energy, Inc.)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 4 contracts

Sources: Change in Terms Agreement (Computer Software Innovations Inc), Change in Terms Agreement (Portfolio Recovery Associates Inc), Promissory Note (Bay National Corp)

Late Charge. If a payment is 10 16 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $20.00, whichever is greater.

Appears in 4 contracts

Sources: Change in Terms Agreement (Allin Corp), Change in Terms Agreement (Allin Corp), Change in Terms Agreement (Allin Corp)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 4 contracts

Sources: Business Loan Agreement (Where Food Comes From, Inc.), Change in Terms Agreement (Z Axis Corp), Business Loan Agreement (Century Casinos Inc /Co/)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $10.00, whichever is greater.

Appears in 4 contracts

Sources: Business Loan Agreement (Vicor Technologies, Inc.), Change in Terms Agreement (Siena Technologies, Inc.), Change in Terms Agreement (Technology Research Corp)

Late Charge. If a payment is 10 days or more late, Borrower Borrowers will be charged 5.000% five percent (5.00%) of the unpaid portion of the regularly scheduled payment.

Appears in 4 contracts

Sources: Revolving Credit Note (Air T Inc), Overline Note (Air T Inc), Revolving Credit Note (Air T Inc)

Late Charge. If a regularly scheduled payment is 10 fifteen (15) days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $10.00, whichever is greater.

Appears in 4 contracts

Sources: Loan Agreement (Techprecision Corp), Loan and Security Agreement (Lounsberry Holdings Ii Inc), Loan and Security Agreement (Techprecision Corp)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.0004.000% of the unpaid portion of the regularly scheduled payment, regardless of any partial payments Lender has received.

Appears in 3 contracts

Sources: Loan Agreement (Transcend Services Inc), Business Loan Agreement (Transcend Services Inc), Business Loan Agreement (Transcend Services Inc)

Late Charge. If a payment is 10 not made within 15 days or more lateof the date such payment becomes due, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $5.00, whichever is greater.

Appears in 3 contracts

Sources: Promissory Note and Loan Agreement (Wilmington Trust Corp), Promissory Note and Loan Agreement (Jw Charles Financial Services Inc/Fl), Promissory Note and Loan Agreement (Cahill Edward L)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.0006.000% of the unpaid portion of the regularly scheduled payment.

Appears in 3 contracts

Sources: Business Loan Agreement (Amphastar Pharmaceuticals, Inc.), Business Loan Agreement (Amphastar Pharmaceuticals, Inc.), Business Loan Agreement (Amphastar Pharmaceuticals, Inc.)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.0006.000% of the unpaid portion of the regularly scheduled paymentpayment or $500.00, whichever is less.

Appears in 3 contracts

Sources: Business Loan Agreement (AeroVironment Inc), Business Loan Agreement (AeroVironment Inc), Change in Terms Agreement (Biofield Corp \De\)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $75.00, whichever is less.

Appears in 2 contracts

Sources: Business Loan Agreement (Real Goods Trading Corp), Business Loan Agreement (Real Goods Trading Corp)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $23.50, whichever is greater.

Appears in 2 contracts

Sources: Change in Terms Agreement (Foundation Healthcare, Inc.), Change in Terms Agreement (Foundation Healthcare, Inc.)

Late Charge. If a payment is Is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $25.00, whichever is greater.

Appears in 2 contracts

Sources: Change in Terms Agreement (Landmark Bancorp Inc), Change in Terms Agreement (Landmark Bancorp Inc)

Late Charge. If a payment is 10 days or more lateDAYS OR MORE LATE, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentOF THE UNPAID PORTION OF THE REGULARLY SCHEDULED PAYMENT.

Appears in 2 contracts

Sources: Credit Agreement (Micro General Corp), Credit Agreement (Tekelec)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $20.00, whichever is greater.

Appears in 2 contracts

Sources: Business Loan Agreement (Tullys Coffee Corp), Business Loan Agreement (Coeur D Alenes Co /Ia/)

Late Charge. If a payment is more than 10 days or more late, Borrower will be charged 5.000% five percent (5.00%) of the unpaid portion of the regularly scheduled overdue payment.

Appears in 2 contracts

Sources: Loan Agreement, Loan Agreement (Sanmina Corp)

Late Charge. If a payment is 10 days nineteen (19) or more latedays past due, Borrower will be charged 5.000% pay a late charge of five percent (5%) of the unpaid portion of delinquent payment, but not more than the regularly scheduled paymentmaximum amount authorized by law.

Appears in 2 contracts

Sources: Loan Agreement (Obie Media Corp), Security Agreement (Obie Media Corp)

Late Charge. If a payment other than the final payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 2 contracts

Sources: Change in Terms Agreement (Medalist Diversified REIT, Inc.), Change in Terms Agreement (Medalist Diversified REIT, Inc.)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $30.00, whichever is greater.

Appears in 2 contracts

Sources: Change in Terms Agreement (Roomlinx Inc), Change in Terms Agreement (Roomlinx Inc)

Late Charge. If a any payment is 10 days or more days late, Borrower Group will be charged 5.000a late fee equal to 5.00 % of the unpaid portion of the regularly scheduled payment.

Appears in 2 contracts

Sources: Credit and Security Agreement (Unilens Vision Inc), Credit and Security Agreement (Unilens Vision Inc)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 2 contracts

Sources: Disbursement Request and Authorization (Expresspoint Technology Systems Inc), Promissory Note (Empyrean Bioscience Inc)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $23.00, whichever is greater.

Appears in 2 contracts

Sources: Change in Terms Agreement (Foundation Healthcare, Inc.), Change in Terms Agreement (Foundation Healthcare, Inc.)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment or $100.00, whichever is less. This late charge shall be paid to Lender by Borrower for the purpose of defraying the expense incident to the handling of the delinquent payment.

Appears in 1 contract

Sources: Promissory Note (Medi Hut Co Inc)

Late Charge. If a payment is 10 days not made on or more latebefore the 10th day after its due date, Borrower will be charged 5.000% of or the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Letter Agreement (Midwest Banc Holdings Inc)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $100.00, whichever is greater.

Appears in 1 contract

Sources: Loan Agreement (Digital Ally Inc)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $5.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Loyalty Alliance Enterprise Corp)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0005.000 % of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Promissory Note (Champion Industries Inc)

Late Charge. If a any payment is 10 15 days or more latemere past due, Borrower will be charged 5.000a late charge of 5% of the unpaid portion of the regularly scheduled delinquent payment.

Appears in 1 contract

Sources: u.s. Simply Business Premium Line Agreement (CRL Network Services Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0005 .000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Business Loan Agreement (Torotel Inc)

Late Charge. If a payment is Is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Change in Terms Agreement (Landmark Bancorp Inc)

Late Charge. If a payment is 10 late by 7 days or more latemore, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Credit Agreement (RGC Resources Inc)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.0005.000 % of the unpaid portion of the regularly scheduled paymentpayment or $35.00, whichever is greater.

Appears in 1 contract

Sources: Loan and Security Agreement (Energy Recovery, Inc.)

Late Charge. If a payment is 10 16 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Promissory Note (Credit Concepts Inc)

Late Charge. If a payment is 10 15 days or more latepast due, Borrower borrower will be charged 5.000a late charge of 5% of the unpaid portion of the regularly scheduled delinquent payment.

Appears in 1 contract

Sources: Business Loan Agreement (California Beach Restaurants Inc)

Late Charge. If a payment is 10 11 days or more late, late Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Promissory Note (Softech Inc)

Late Charge. If a payment is 10 5 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Promissory Note (Banctenn Corp)

Late Charge. If if a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Business Loan Agreement (Web Street Inc)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $20.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Flotek Industries Inc/Cn/)

Late Charge. If a payment is 10 late 8 days or more latemore, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Loan Agreement (RGC Resources Inc)

Late Charge. If a payment is 10 days or more late, . Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $50.00 whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Amendment) (Pinnacle Data Systems Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $5.00, whichever Is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Loyalty Alliance Enterprise Corp)

Late Charge. If a payment is 10 11 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentschedule payment or $5.00, whichever is greater.

Appears in 1 contract

Sources: Promissory Note (Pismo Coast Village Inc)

Late Charge. If a any payment is 10 days 15 or more days late, Borrower will be charged 5.000a late fee equal to 5.00 % of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Credit and Security Agreement (Unilens Vision Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0005.00% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Settlement Agreement (Premium Cigars International LTD)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled schedule payment.

Appears in 1 contract

Sources: Modification/Change in Terms Agreement (Paul Son Gaming Corp)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.0004.000% of the unpaid portion of the regularly scheduled payment. This late charge shall be paid to Lender by Borrower to compensate Lender for L▇▇▇▇▇'s extra costs and expenses caused by the late payment.

Appears in 1 contract

Sources: Change in Terms Agreement (Robert Ventures Holdings LLC)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid Unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Libor Addendum (Go2net Inc)

Late Charge. If a payment is 10 more than 11 days or more late, Borrower will be charged 5.0006.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Change in Terms Agreement (Synergetics Usa Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $10.00, whichever is greeter.

Appears in 1 contract

Sources: Change in Terms Agreement (Technology Research Corp)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled such payment.

Appears in 1 contract

Sources: Loan Agreement

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0002.000% of the unpaid portion of the regularly scheduled paymentpayment or $50.00. whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (TX Holdings, Inc.)

Late Charge. If any payments are not timely made, Borrower shall also pay to Bank a late charge equal to five percent (5%) of each payment is 10 days past due for ten (10) or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentdays.

Appears in 1 contract

Sources: Loan and Security Agreement (Impax Laboratories Inc)

Late Charge. If a payment is 10 7 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Change in Terms Agreement (Wheeler Real Estate Investment Trust, Inc.)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of or the regularly scheduled paymentpayment or $50.00, whichever Is less.

Appears in 1 contract

Sources: Business Loan Agreement (Coeur D Alenes Co /Ia/)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $15.00. whichever is greater.

Appears in 1 contract

Sources: Loan Agreement (SD Co Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment not to exceed $1,000.00; or $25.00, whichever is greater. LOAN AGREEMENT. BUSINESS LOAN AGREEMENT DATED MARCH 12, 2008.

Appears in 1 contract

Sources: Promissory Note (Suncrest Global Energy Corp)

Late Charge. If a payment is 10 days or more lateDAYS OR MORE LATE, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Credit Agreement (Overland Data Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment of $25.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (U S Laboratories Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $100.00, whichever is less.

Appears in 1 contract

Sources: Business Loan Agreement (Westmoreland Coal Co)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $10.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Nocopi Technologies Inc/Md/)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $15.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Large Scale Biology Corp)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $20.00 whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Coeur D Alenes Co /Ia/)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0007.000% of the unpaid portion of the regularly scheduled paymentpayment or $35.00, whichever is greater.

Appears in 1 contract

Sources: Promissory Note (Ourpets Co)

Late Charge. If a payment is 10 7 days or more late, Borrower Borrowers will be charged 5.00010.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Credit and Security Agreement (Miscor Group, Ltd.)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $50.00, whichever is less.

Appears in 1 contract

Sources: Business Loan Agreement (Coeur D Alenes Co /Ia/)

Late Charge. If a payment is more than 10 days or more late, Borrower will be charged 5.0006.00% of the unpaid portion of the regularly scheduled payment.payment or $5.00, whichever is greater

Appears in 1 contract

Sources: Loan Agreement (Zoned Properties, Inc.)

Late Charge. If a any payment on the Loan is 10 days or more late, Borrower Borrowers will be charged 5.000and agrees to pay a late charge of 5% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Loan Agreement (EVO Transportation & Energy Services, Inc.)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0005% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Promissory Note (Strandtek International Inc /)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $250.00, whichever is less.

Appears in 1 contract

Sources: Commercial Guaranty (Torotel Inc)

Late Charge. If a payment is 10 ten (10) days or more late, Borrower ----------- will be charged 5.000% of the unpaid portion charged- five percent (5%) of the regularly scheduled paymentpayment as a late charge.

Appears in 1 contract

Sources: Promissory Note (Fountain View Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.00010.000% of the unpaid portion of the regularly scheduled paymentpayment or $20.00, whichever is greater.

Appears in 1 contract

Sources: Change in Terms Agreement (Insci Statements Com Corp)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.0004.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Disbursement Request and Authorization (Regeneration Technologies Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $100,00, whichever is less.

Appears in 1 contract

Sources: Business Loan Agreement (Westmoreland Coal Co)

Late Charge. If a payment is 10 days late five (5) or more latedays, if permitted by applicable law, Borrower will be charged 5.0006.000% of the unpaid portion of the regularly scheduled paymentpayment or $500.00, whichever is greater, as a late charge. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $50.00 if Borrower makes a payment on the Loan and the check or preauthorized charge with which Borrower pays is later dishonored.

Appears in 1 contract

Sources: Business Loan Agreement (ComSovereign Holding Corp.)

Late Charge. If a payment is 10 days not made on or more latebefore the10th day after it is due, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Loan Agreement (Badger Meter Inc)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.0006.000% of the unpaid portion of the regularly scheduled paymentpayment of $5.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Covalent Partners LLC)

Late Charge. If a payment is 10 late by 8 days or more latemore, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Loan Agreement (RGC Resources Inc)

Late Charge. If a payment is 10 ten (10) days or more late, Borrower will be charged 5.000% the greater of five percent (5.0%) of the unpaid portion of the regularly scheduled paymentpayments or Ten dollars ($10.00).

Appears in 1 contract

Sources: Loan and Security Agreement (Sage Inc/Ca)

Late Charge. If a payment is 10 more than ten (10) days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $250.00, whichever is less.

Appears in 1 contract

Sources: Promissory Note (Southwest Iowa Renewable Energy, LLC)

Late Charge. If a payment on this Note is more than 10 days or more late, Borrower will be charged 5.000L▇▇▇▇▇ may charge borrower a late fee of up to 5.00% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Unconditional Guarantee (SD Co Inc)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $15.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Rocky Mountain Chocolate Factory Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0005.00% of the unpaid portion of or the regularly scheduled paymentpayment or $50.00, whichever is less.

Appears in 1 contract

Sources: Loan Agreement (Coeur D Alenes Co /Ia/)

Late Charge. If a payment is 10 15 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Promissory Note (Balance Bar Co)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.0003.000% of the unpaid portion of the regularly scheduled paymentpayment or $25.00, whichever is greater.

Appears in 1 contract

Sources: Business Loan Agreement (Landmark Bancorp Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment. This late charge shall be paid to Lender by Borrower for the purpose of defraying the expense incident to the handling of the delinquent payment.

Appears in 1 contract

Sources: Business Loan Agreement (Charge Enterprises, Inc.)

Late Charge. If a payment owing hereon is 10 ten (10) days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled payment.

Appears in 1 contract

Sources: Loan Agreement (Jones Soda Co)

Late Charge. If a late payment is 10 days or more lateDAYS OR MORE LATE, Borrower will be charged WILL BE CHARGED 5.000% of the unpaid portion of the regularly scheduled paymentOF THE REGULARLY SCHEULED PAYMENT.

Appears in 1 contract

Sources: Business Loan Agreement (Nu Wave Health Products Inc)

Late Charge. If a payment is 10 days or more late15 DAYS OR MORE LATE, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentOF THE UNPAID PORTION OF THE REGULARLY SCHEDULE PAYMENT OR $15.00, WHICHEVER IS GREATER.

Appears in 1 contract

Sources: Commercial Security Agreement (Aspec Technology Inc)

Late Charge. If a payment is 10 days or more late, Borrower will be charged 5.000% of the unpaid portion of the regularly scheduled paymentpayment or $15.00, whichever is greater.

Appears in 1 contract

Sources: Promissory Note (Eldorado Artesian Springs Inc)