Minimum Interest Charge. In any event, even upon full prepayment of this Agreement, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 2 contracts
Samples: Loan Agreement (Scientific Software Intercomp Inc), Terms Agreement (Scientific Software Intercomp Inc)
Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00250.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by the Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance due.
Appears in 2 contracts
Samples: Loan Agreement (Hemacare Corp /Ca/), Loan Agreement (Hemacare Corp /Ca/)
Minimum Interest Charge. In any event, even upon full prepayment of this Agreement, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.0040.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
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Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00100.00. Other than BorrowerXxxxxxxx's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender Xxxxxx in writing, relieve Borrower Xxxxxxxx of BorrowerXxxxxxxx's obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance due.
Appears in 1 contract
Samples: Boyds Wheels Inc
Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $25.00250.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 1 contract
Samples: Credit Agreement (LXN Corp)
Minimum Interest Charge. In any the event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00250.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
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Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $25.00100.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
Appears in 1 contract
Samples: Promissory Note (Cardiodynamics International Corp)
Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00250.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 1 contract
Samples: Credit Agreement (Tekelec)
Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $25.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
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Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.0040.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
Appears in 1 contract
Minimum Interest Charge. In any event, even upon full prepayment of this Agreement, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00100.00. Other than Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrower of Borrower's obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 1 contract
Minimum Interest Charge. In any event, even upon full prepayment of this AgreementNote, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $25.00250.00. Other than BorrowerXxxxxxxx's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender Xxxxxx in writing, relieve Borrower Xxxxxxxx of BorrowerXxxxxxxx's obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
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