Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 218 contracts
Samples: Convertible Security Agreement (Dih Holding Us, Inc.), Convertible Security Agreement (Brain Scientific Inc.), Convertible Security Agreement (Theralink Technologies, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 28 contracts
Samples: Convertible Security Agreement (Giga Tronics Inc), Convertible Security Agreement (Giga Tronics Inc), Share Exchange Agreement (Giga Tronics Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1815% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 18 contracts
Samples: Convertible Security Agreement (INVO Bioscience, Inc.), Convertible Security Agreement (Qualigen Therapeutics, Inc.), Convertible Security Agreement (MDNA Life Sciences, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “"Late Fees”") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 13 contracts
Samples: Convertible Security Agreement (Cardiff International Inc), Convertible Security Agreement (Greenhouse Solutions, Inc.), Convertible Security Agreement (Premier Biomedical Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1817% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 11 contracts
Samples: Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD), Security Agreement (Drinks Americas Holdings, LTD)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 11 contracts
Samples: Senior Subordinated Note (Synergy CHC Corp.), Security Agreement (Mitesco, Inc.), Security Agreement (Mitesco, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1814% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 11 contracts
Samples: Security Agreement (Bridgeline Digital, Inc.), Convertible Security Agreement (Bridgeline Digital, Inc.), Security Agreement (Bridgeline Digital, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1817% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 11 contracts
Samples: Convertible Security Agreement (Waste2Energy Holdings, Inc.), Securities Agreement (American Scientific Resources Inc), Convertible Security Agreement (American Scientific Resources Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 11 contracts
Samples: Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc), Convertible Security Agreement (Avant Diagnostics, Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 10 contracts
Samples: Convertible Security Agreement (Technoconcepts, Inc.), Convertible Security Agreement (180 Connect Inc.), Convertible Security Agreement (HyperSpace Communications, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 9 contracts
Samples: Security Agreement (Western Power & Equipment Corp), Security Agreement (BPK Resources Inc), Securities Agreement (Maverick Oil & Gas, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1816% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 9 contracts
Samples: Convertible Security Agreement (PLC Systems Inc), Convertible Security Agreement (PLC Systems Inc), Convertible Security Agreement (PLC Systems Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1810% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 8 contracts
Samples: Convertible Security Agreement (Slinger Bag Inc.), Convertible Security Agreement (Vaccinex, Inc.), Convertible Security Agreement (Vaccinex, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 8 contracts
Samples: Security Agreement (Intraop Medical Corp), Convertible Security Agreement (New Harvest Capital Corp), Convertible Security Agreement (Navstar Media Holdings, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% fifteen percent (15%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 7 contracts
Samples: Convertible Security Agreement (xG TECHNOLOGY, INC.), Convertible Security Agreement (xG TECHNOLOGY, INC.), Convertible Security Agreement (Intercloud Systems, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 7 contracts
Samples: Convertible Security Agreement (Bancroft Uranium, Inc.), Convertible Security Agreement (Visual Management Systems Inc), Convertible Security Agreement (Ecotality, Inc.)
Late Fee. All Subject to Section 6(b) of this Debenture, all overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 7 contracts
Samples: Convertible Security Agreement (PF Hospitality Group, Inc.), Convertible Security Agreement (PF Hospitality Group, Inc.), Convertible Security Agreement (Vapor Corp.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1820% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 6 contracts
Samples: Convertible Security Agreement (U.S. Aerospace, Inc.), Convertible Security Agreement (U.S. Aerospace, Inc.), Convertible Security Agreement (U.S. Aerospace, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1824% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 6 contracts
Samples: Convertible Security Agreement (Grow Solutions Holdings, Inc.), Convertible Security Agreement (Growlife, Inc.), Convertible Security Agreement (Epic Stores Corp.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 188% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 6 contracts
Samples: Convertible Security Agreement (Premier Biomedical Inc), Convertible Security Agreement (Premier Biomedical Inc), Convertible Security Agreement (Premier Biomedical Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 6 contracts
Samples: Securities Purchase Agreement (Hartville Group Inc), Convertible Security Agreement (MCF Corp), Convertible Security Agreement (Knobias, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twenty-four percent (24%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 6 contracts
Samples: Convertible Security Agreement (POSITIVEID Corp), Convertible Security Agreement (POSITIVEID Corp), Convertible Security Agreement (POSITIVEID Corp)
Late Fee. All overdue accrued and unpaid principal and interest to be paid hereunder shall shall, if not paid within three (3) business days following the applicable due date, entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 5 contracts
Samples: Securities Agreement (Viking Energy Group, Inc.), Securities Agreement (Camber Energy, Inc.), Securities Agreement (Camber Energy, Inc.)
Late Fee. All overdue accrued and unpaid principal and interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such principal and interest is are due hereunder through and including the date of actual payment in fullpayment.
Appears in 5 contracts
Samples: Convertible Security Agreement (Aprecia Inc), Convertible Security Agreement (Aprecia Inc), Convertible Security Agreement (Aprecia Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “"Late Fees”") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 5 contracts
Samples: Convertible Security Agreement (Analytical Surveys Inc), Convertible Security Agreement (Analytical Surveys Inc), Convertible Security Agreement (Analytical Surveys Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1820% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 5 contracts
Samples: Security Agreement (Knobias, Inc.), Convertible Security Agreement (Knobias, Inc.), Convertible Security Agreement (National Investment Managers Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail entail, after the occurrence or continuance of an uncured Event of Default, a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 5 contracts
Samples: Security Agreement (GlyEco, Inc.), Security Agreement (GlyEco, Inc.), Security Agreement (GlyEco, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail be subject to a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 4 contracts
Samples: Convertible Security Agreement (Net TALK.COM, Inc.), Convertible Security Agreement (Net TALK.COM, Inc.), Convertible Security Agreement (Net TALK.COM, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 4 contracts
Samples: Convertible Security Agreement (Uppercut Brands, Inc.), Convertible Security Agreement (Creative Medical Technology Holdings, Inc.), Convertible Security Agreement (Creative Medical Technology Holdings, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 4 contracts
Samples: Convertible Security Agreement (Cybra Corp), Convertible Security Agreement (Cybra Corp), Convertible Security Agreement (Preferred Voice Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1810.00% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) ), which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment and shall be in fulllieu of interest rate set forth in this Section 2.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Cyberdefender Corp), Securities Agreement (Cyberdefender Corp), Securities Agreement (Cyberdefender Corp)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1814% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 4 contracts
Samples: Debenture Agreement (Pet Airways Inc.), Debenture Agreement (American Antiquities, Inc.), Convertible Secured Debenture Agreement (Moventis Capital, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 4 contracts
Samples: Convertible Security Agreement (PERF Go-Green Holdings, Inc), Convertible Security Agreement (PERF Go-Green Holdings, Inc), Convertible Security Agreement (Cybra Corp)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twelve and one-half percent (12.5%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 4 contracts
Samples: Convertible Security Agreement (American Noble Gas, Inc.), Convertible Security Agreement (Infinity Energy Resources, Inc), Convertible Security Agreement (Digital Ally Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 3 contracts
Samples: Convertible Security Agreement (CrowdGather, Inc.), Convertible Security Agreement (CrowdGather, Inc.), Convertible Security Agreement (CrowdGather, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law or regulation) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 3 contracts
Samples: Security Agreement (Zone Mining LTD), Security Agreement (Uni-Pixel), Security Agreement (Uni-Pixel)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 3 contracts
Samples: Convertible Security Agreement (Silverstar Holdings LTD), Convertible Security Agreement (Silverstar Holdings LTD), 10% Senior Secured Note (Intraop Medical Corp)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1816% per annum or the maximum rate permitted by applicable law (the “Late FeesDefault Rate”) which shall accrue daily from the fifth Trading Day following the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Convertible Security Agreement (Tanzanian Royalty Exploration Corp), Securities Purchase Agreement (Tanzanian Royalty Exploration Corp)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEE") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 2 contracts
Samples: Security Agreement (Able Energy Inc), Securities Agreement (Able Energy Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. If any Interest Conversion Shares are issued to the Holder, but are not applied against an Interest Share Amount, then the Holder shall promptly return such excess shares to the Company.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Concentric Energy Corp), Convertible Security Agreement (Concentric Energy Corp)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full...
Appears in 2 contracts
Samples: Convertible Security Agreement (C-Bond Systems, Inc), Convertible Security Agreement (C-Bond Systems, Inc)
Late Fee. All overdue principal and accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall that will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 2 contracts
Samples: Convertible Security Agreement (Gulfstream International Group Inc), Convertible Security Agreement (Gulfstream International Group Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) ), whichever is less, which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Convertible Security Agreement (Novelos Therapeutics, Inc.), Security Agreement (Cellectar Biosciences, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1820% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Convertible Security Agreement (Ascent Solar Technologies, Inc.), Convertible Security Agreement (Snap Interactive, Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1818.0% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Mullen Automotive Inc.), Convertible Security Agreement (Enzo Biochem Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail and accrue a late fee and compound at an interest the rate equal to the lesser of 185% per annum month (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 2 contracts
Samples: Convertible Security Agreement (Practicexpert Inc), Convertible Security Agreement (Practicexpert Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1824% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from commencing three (3) Trading Days after the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Convertible Security Agreement (CLS Holdings USA, Inc.), Convertible Security Agreement (CLS Holdings USA, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law Maximum Rate (the “Late Fees”) ), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Convertible Security Agreement (Content Checked Holdings, Inc.), Subordination Agreement (Staffing 360 Solutions, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 2 contracts
Samples: Convertible Security Agreement (Advanced Cell Technology, Inc.), Convertible Security Agreement (Advanced Cell Technology, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1824% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 2 contracts
Samples: Convertible Security Agreement (Oncolix, Inc.), Convertible Security Agreement (Advanced Environmental Petroleum Producers Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law Law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 2 contracts
Samples: Convertible Security Agreement (Blue Calypso, Inc.), Exchange Agreement (Blue Calypso, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 2 contracts
Samples: Convertible Security Agreement (New Frontier Energy Inc), Convertible Security Agreement (New Frontier Energy Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. If any Interest Conversion Shares are issued to the Holder in connection with an Interest Payment Date and are not applied against an Interest Share Amount, then the Holder shall promptly return such excess shares to the Company.
Appears in 1 contract
Samples: Convertible Security Agreement (Arno Therapeutics, Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. Such Late Fee shall include any interest due and owing hereunder and shall include any other interest otherwise owed and not be in addition to any other interest otherwise owed.
Appears in 1 contract
Samples: Convertible Security Agreement (Agriforce Growing Systems Ltd.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Samples: Securities Purchase Agreement (Medialink Worldwide Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law or regulation) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Samples: Convertible Debenture (Rego Payment Architectures, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1822% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Dethrone Royalty Holdings, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”"LATE FEES") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Armor Electric, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) annum, which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Pegasi Energy Resources Corporation.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 188% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. All interest paid hereunder in shares of Common Stock will be deemed timely paid provided such shares are issued in accordance with Section 4(c)(ii).
Appears in 1 contract
Samples: Convertible Security Agreement (Targeted Medical Pharma, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder after the date of maturity shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Heritage Distilling Holding Company, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1815% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Sona Mobile Holdings Corp)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1814% per annum or the maximum rate permitted by applicable law (the “Late FeesFee”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (NewBridge Global Ventures, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder after the date of Maturity shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Heritage Distilling Group, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily {00757963.DOCX;3 } from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Force Protection Video Equipment Corp.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 189% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Mobiquity Technologies, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail be subject to a late fee at an interest rate equal to the lesser of 18% per annum or in lieu of the maximum rate permitted by applicable law interest referenced in Section 2(a) (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1810% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Secured Convertible Note (China Water & Drinks Inc..)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1810.00% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) ), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “"Late Fees”") which shall accrue daily from the date such interest is due hereunder through and including 12hall be affected by notice to the date of actual payment in fullcontrary.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% eight percent (8%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Securities Agreement (Wearable Health Solutions, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Samples: Convertible Security Agreement (Almadoro Minerals Corp.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twelve percent (12%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Appliance Recycling Centers of America Inc /Mn)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder in cash shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Nauticus Robotics, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) ), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (THC Therapeutics, Inc.)
Late Fee. All overdue accrued and unpaid interest amounts to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (NovaBay Pharmaceuticals, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 186% per annum in excess of the Debenture Interest Rate or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEES") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in full.of
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall that will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Samples: Convertible Security Agreement (Relationserve Media Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1810.50% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) ), which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment and shall be in fulllieu of interest rate set forth in this Section 2.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1824% per annum or the maximum rate permitted by applicable law (the “Late FeesDefault Rate”) which shall accrue daily from the fifth Trading Day following the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal fee, in addition to the lesser interest due and payable hereunder, at the rate of 1810.50% per annum on the outstanding interest amount (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily on the basis of a 360 day year and for the actual number of days elapsed, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Samples: Security Agreement (DSL Net Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEES") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of
(1) The Closing Price immediately prior to the date of actual payment in fullthe Purchase Agreement.
Appears in 1 contract
Samples: Securities Purchase Agreement (Tarrant Apparel Group)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1820% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Jesup & Lamont, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 188.00% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment. .
Appears in 1 contract
Samples: Convertible Security Agreement (Vistula Communications Services Inc)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twelve percent (12%) per annum or the maximum rate permitted by applicable law (the “"Late Fees”") which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Securities Agreement (Wearable Health Solutions, Inc.)
Late Fee. All overdue accrued and unpaid principal and interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Mount TAM Biotechnologies, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 184% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Calm Waters Partnership)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. If any Interest Conversion Shares are issued to the Holder in connection with an Interest Payment Date and are not applied against an Interest Share Amount, then the Holder shall promptly return such excess shares to the Company.
Appears in 1 contract
Late Fee. All overdue accrued and unpaid interest Principal Installment Payments to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Orbital Tracking Corp.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEES") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment. Upon and after an Event of Default hereunder, interest hereunder shall accrue at the rate of 18% per annum (or such lower maximum amount of interest permitted to be charged under applicable law).
Appears in 1 contract
Samples: Convertible Security Agreement (Environmental Service Professionals, Inc.)
Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “"Late Fees”") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.
Appears in 1 contract
Samples: Convertible Security Agreement (Wifimed Holdings Company, Inc.)