Common use of Overdue Amounts Clause in Contracts

Overdue Amounts. Any payments not made as and when due shall bear interest from the date due until paid at the Default Rate, in Bank's discretion.

Appears in 8 contracts

Samples: Revolving Credit and Security Agreement (Intelligroup Inc), Revolving Credit and Security Agreement (JPS Industries Inc), Revolving Credit and Security Agreement (Digital Lightwave Inc)

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Overdue Amounts. Any payments not made as and when due shall bear interest from the date due until paid at the Default Rate, in Bank's Lender’s discretion.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Cesca Therapeutics Inc.), Revolving Credit and Security Agreement (Innovaro, Inc.), Revolving Credit and Security Agreement (Corgenix Medical Corp/Co)

Overdue Amounts. Any payments not made as and when due shall bear interest from the date due until paid at the Default Rate, in BankLender's discretion.

Appears in 3 contracts

Samples: Loan and Security Agreement (Cpac Inc), Revolving Credit, Equipment Loan and Security Agreement (Transact Technologies Inc), Revolving Credit and Security Agreement (Transact Technologies Inc)

Overdue Amounts. Any payments not made as and when due shall bear interest from the date due until paid at the Default Rate, in Bank's ’s discretion.

Appears in 2 contracts

Samples: Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.), Credit and Security Agreement (Sancilio Pharmaceuticals Company, Inc.)

Overdue Amounts. Any payments not made as and when due shall bear interest from the date due until such payment is paid at the Default Rate, in Bank's ’s discretion.

Appears in 1 contract

Samples: Revolving and Term Credit and Security Agreement (Aerosonic Corp /De/)

Overdue Amounts. Any payments not made as and when due or on DEMAND shall bear interest from the date due until paid at the Default Rate, in Bank's discretion.

Appears in 1 contract

Samples: Revolving Credit Agreement (G8wave Holdings, Inc.)

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Overdue Amounts. Any payments not made as and when due shall bear --------------- interest from the date due until paid at the Default Rate, in Bank's discretion.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Pra International Inc)

Overdue Amounts. Any payments not made as and when due shall bear interest in Bank’s discretion from the date due until paid at the Default Rate, in Bank's discretion.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Home Diagnostics Inc)

Overdue Amounts. Any payments not made as and when due shall bear interest from the date due until paid at the Default Rate, in Bank's Xxxxxx’s discretion.

Appears in 1 contract

Samples: Credit Agreement (LMF Acquisition Opportunities Inc)

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