Overdue Payment. In the event any payment due hereunder is not made when due, the payment shall accrue interest (beginning on the date such payment is due) calculated at the rate of one (1%) percent per month and such payment when made shall be accompanied by all interest so accrued.
Appears in 3 contracts
Samples: Preferred Share Purchase Rights, Agreement (Vivus Inc), Agreement (Vivus Inc)
Overdue Payment. In the event any payment due hereunder is not made when due, the payment shall accrue interest (beginning on the date such payment is due) calculated at the rate of one (1%) percent per month [***] and such payment when made shall be accompanied by all interest so accrued.
Appears in 3 contracts
Samples: Agreement (Addex Therapeutics Ltd.), Agreement (Addex Therapeutics Ltd.), Agreement (Addex Therapeutics Ltd.)
Overdue Payment. In the event any payment due hereunder is not made when due, the payment shall accrue interest (beginning on the date such payment is due) calculated at the rate of one percent (11.0%) percent per month and such payment when made shall be accompanied by all interest so accrued.
Appears in 2 contracts
Samples: Co Promotion Agreement (Women First Healthcare Inc), Co Promotion Agreement (Women First Healthcare Inc)
