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 $12,500 per quarter (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 quarter and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (aSection 2.2(a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($12,500 5,000) per quarter 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 (aSections 2.2(a) and 2.2(d) on the first day of each quarter date and on in the Termination Datemanner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 15,000 per quarter 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 quarter month and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), but subject to Subsection (e), the Borrower shall pay to the Lender interest of not less than $12,500 15,000 per quarter 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 quarter and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (a)Section , the Borrower shall pay to the Lender interest of not less than $12,500 70,000 per quarter (the "Minimum Interest Charge") year during the term of this Agreement, and on each anniversary of this Agreement the Borrower shall pay any deficiency between the Minimum Interest Charge such minimum interest charge and the amount of interest otherwise calculated under subsection (a) on the first day of each quarter Sections and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 10,000 per quarter 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) ), in arrears, on the first day of each quarter month and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 60,000 per quarter 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 quarter month and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 10,000 per quarter 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 quarter month and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (aSection 2.2(a), the Borrower shall pay to the Lender interest of not less than $12,500 17,000 per quarter (the "Minimum Interest Charge") calendar year during the term of this Agreementagreement (prorated for less than full years), and the Borrower shall pay any deficiency between the Minimum Interest Charge such minimum interest charge and the amount of interest otherwise calculated under subsection (aSections 2.2(a) on the first day of each quarter and on the Termination Date2.2(c)."

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 30,000 per quarter 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 quarter month and on the Termination Date.”

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (aSection 2.6(a), the Borrower shall pay to the Lender interest of not less than Fifteen Thousand Dollars ($12,500 15,000) per quarter calendar month (or a prorata portion of such amount for any partial 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 (aSections 2.6(a) and 2.6(d) on the first day of each quarter date and on in the Termination Datemanner provided in Section 2.8.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 10,000 per quarter 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 quarter month and on the Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower Borrowers shall pay to the Lender interest of not less than $12,500 30,000 per calendar 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 Subsection (a) on the first day of each calendar quarter and on the Termination Date."

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower Borrowers shall pay to the Lender interest of not less than $12,500 25,000 per calendar 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 Subsection (a) on the first day of each calendar quarter and on the Termination Date."

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (aSection 2.4(a), the Borrower shall pay to the Lender interest of not less than Twenty Five Thousand Dollars ($12,500 per quarter 25,000) during each 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 (aSections 2.4(a) on the first day of each quarter date and on in the Termination Datemanner provided in Section 2.6.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection (aSection 2.2(a), the Borrower shall pay to the Lender interest of not less than $12,500 20,000 per calendar quarter (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 2.2(a) on in arrears in the first day of each quarter and on the Termination Datemanner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to subsection Subsection (a), the Borrower shall pay to the Lender interest of not less than $12,500 240,000.00 per quarter Loan Year (the "“Minimum Interest Charge"”) during the term of this AgreementAgreement on the Revolving Advances, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under subsection Subsection (a) on following each anniversary of the first day of each quarter Funding Date and on the Termination Date.. As used in this