Common use of Minimum Interest Charge Clause in Contracts

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower shall pay to the Lender interest of not less than $30,000 per calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower Borrowers shall pay to the Lender interest of not less than $30,000 per calendar month quarter (the “"Minimum Interest Charge”") during the term of this Agreement, prorated for periods less than one calendar quarter, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) on the first day of each month calendar quarter and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:"

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower shall pay to the Lender interest of not less than $30,000 10,000 per calendar month (the “"Minimum Interest Charge”") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) ), in arrears, on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding the interest payable pursuant other terms of Section 1 of this Agreement to Subsection (a)the contrary, the Borrower Borrowers shall pay to the Lender at least $2,396.00 of interest of not less than $30,000 per each calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) payable on the first day of each month and on the Termination Date.” (8) Section 2.13(f) Maturity Date and continuing until all of the Credit Agreement is hereby amended Obligations are paid in its entirety as follows:full in cash. When calculating this deficiency, the Default Rate set forth in Section 1.2(c), if applicable, shall be disregarded.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection subsection (a), the Borrower shall pay to the Lender interest of not less than $30,000 10,000 per calendar month (the “"Minimum Interest Charge”") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection subsection (a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding any other terms of this Agreement to the interest payable pursuant to Subsection (a)contrary, the Borrower Borrowers shall pay to the Lender interest of not less than Twenty Thousand Dollars ($30,000 20,000) per calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (aSection 2.5(a) on the first day of each month and on the Termination Date. When calculating the deficiency due hereunder, if any, between the Minimum Interest Charge and the amount of interest otherwise payable under Section 2.5(a), the Default Rate, if applicable, shall be disregarded.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower shall pay other terms of Section 2 to the Lender contrary, at least $10,000 of interest of not less than $30,000 per each calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) payable on the first day of each month and on the Termination Date.” (8) Section 2.13(f) Date and continuing until all of the Credit Agreement is hereby amended Obligations are paid in its entirety as follows:full in cash. When calculating this deficiency, the Default Rate set forth in Section 2.6(b), if applicable, shall be disregarded.

Minimum Interest Charge. Notwithstanding any other terms of this Agreement to the interest payable pursuant to Subsection (a)contrary, the Borrower Borrowers shall pay to the Lender interest of not less than $30,000 the Minimum Interest Charge per calendar month (the “Minimum Interest Charge”) quarter during the term of this Agreement, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding any other terms of this Agreement to the interest payable pursuant to Subsection (a)contrary, the Borrower Borrowers shall pay to the Lender interest of not less than $30,000 7,500 per calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (aSection 2.6(a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding any other terms of this Agreement to the interest payable pursuant to Subsection (a)contrary, the Borrower shall pay pay, in arrears, to the Lender interest of not less than $30,000 15,000 per calendar month on the Revolving Advances (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower shall pay pay, in arrears, any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (aSection 2.8(a) on the first day of each month and on the Termination Date. When calculating this deficiency, the Default Rate, if applicable, shall be disregarded.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower shall pay to the Lender interest of not less than $30,000 10,000 per calendar month (the “"Minimum Interest Charge”") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (aSection 2.8(a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding any other terms of this Agreement to the interest payable pursuant to Subsection (a)contrary, the Borrower shall pay to the Lender interest of not less than $30,000 16,000 per calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (aSection 2.8(a) on the first day of each month and on the Termination Date. When calculating this deficiency, the Default Rate, if applicable, shall be disregarded.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower shall pay to the Lender interest of not less than $30,000 15,000 per calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows:

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Subsection (a), the Borrower shall pay to the Lender interest of not less than $30,000 60,000 per calendar month (the “Minimum Interest Charge”) during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Subsection (a) on the first day of each month and on the Termination Date.” (8) Section 2.13(f) of the Credit Agreement is hereby amended in its entirety as follows: