Mandatory Prepayment / Application of Payments. 9.1. The Borrower shall be required to prepay ON DEMAND all advances made under this Note to the extent the aggregate of all such advances exceeds the amounts permitted hereunder. In addition the Borrower shall pay, if applicable, charges incurred pursuant to the terms hereof.
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/)
Mandatory Prepayment / Application of Payments. 9.18.1. The Borrower shall be required to prepay ON DEMAND all advances made under this Note to the extent the aggregate of all such advances exceeds the amounts permitted hereunder. In addition the Borrower shall pay, if applicable, charges incurred pursuant to the terms hereof.
Appears in 1 contract
Samples: Loan and Security Agreement (Arrhythmia Research Technology Inc /De/)