Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty percent (20%) per annum.
Appears in 9 contracts
Samples: Subscription Agreement (Attitude Drinks Inc.), Subscription Agreement (Attitude Drinks Inc.), Assignment and Escrow Agreement (Attitude Drinks Inc.)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fifteen percent (2015%) per annum.
Appears in 9 contracts
Samples: Secured Convertible Note (Diamond Entertainment Corp), Secured Convertible Note (Medical Exchange Inc.), Secured Convertible Note (Diamond Entertainment Corp)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fifteen percent (2015%) per annumannum shall apply to the amounts owed hereunder.
Appears in 5 contracts
Samples: Assignment and Escrow Agreement (Attitude Drinks Inc.), Note and Warrant Agreement (Attitude Drinks Inc.), Debt Exchange Agreement (Attitude Drinks Inc.)
Payment Grace Period. The Borrower shall have a five four (54) day grace period to pay any monetary amounts due under this Note. During this grace period, after which grace period and thereafter until paid, a default interest rate of twenty five percent (205%) per annumannum above the then applicable interest rate hereunder shall apply to the amounts owed hereunder.
Appears in 3 contracts
Samples: Convertible Note (Netguru Inc), Convertible Note (Netguru Inc), Convertible Note (Netguru Inc)
Payment Grace Period. The Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of twenty fifteen percent (2015%) per annumannum shall apply to the amounts owed hereunder.
Appears in 3 contracts
Samples: Convertible Note (Family Room Entertainment Corp), Convertible Note (BigString CORP), Convertible Note (BigString CORP)
Payment Grace Period. The Borrower shall have a five (5) day grace -------------------- period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty percent (20%) per annumannum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Convertible Note (Kaire Holdings Inc), Convertible Note (Team Communications Group Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty five percent (205%) per annumannum above the then applicable interest rate hereunder shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Convertible Note (Arrin CORP), Convertible Note (Arrin CORP)
Payment Grace Period. The Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fifteen percent (2015%) per annumannum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Subscription Agreement (5 G Wireless Communications Inc), Note (Conspiracy Entertainment Holdings Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty eighteen percent (2018%) per annumannum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Convertible Note (Voiceflash Networks Inc), Convertible Note (Voiceflash Networks Inc)
Payment Grace Period. The Notwithstanding that the Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this NoteNote or the Purchase Agreement or any Related Document, after which grace period a default interest rate of twenty five percent (205%) per annumannum above the then applicable Contract Rate shall apply to the monetary amounts due which such additional interest shall accrue from the actual date such payments were due and payable.
Appears in 2 contracts
Samples: Convertible Term Note (Inyx Inc), Convertible Term Note (Inyx Inc)
Payment Grace Period. The Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of twenty eighteen percent (2018%) per annumannum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Secured Note (Aprecia Inc), Secured Promissory Note (Datascension Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fourteen percent (2014%) per annumannum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Convertible Note (Select Media Communications Inc), Secured Exchange Convertible Note (Select Media Communications Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this NoteNote or the Purchase Agreement or any Related Document, after which grace period a default interest rate of twenty five percent (205%) per annumannum above the then applicable interest rate hereunder shall apply to the monetary amounts due.
Appears in 2 contracts
Samples: Convertible Term Note (Axesstel Inc), Convertible Term Note (Axesstel Inc)
Payment Grace Period. The Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty twenty-two percent (2022%) per annumannum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Secured Note (Swiss Medica Inc)
Payment Grace Period. The Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this NoteNote or the Security Agreement or any Ancillary Agreements, after which grace period a default interest rate of twenty five percent (205%) per annumannum above the then applicable interest rate hereunder shall apply to the monetary amounts due.
Appears in 1 contract
Samples: Secured Convertible Minimum Borrowing Note (Inyx Inc)
Payment Grace Period. The Borrower shall have a five (5) -------------------- day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fifteen percent (2015%) per annumannum above the then applicable interest rate hereunder shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Convertible Note (Liquidix Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty ten percent (2010%) per annum.
Appears in 1 contract
Samples: Secured Convertible Note (Sweet Success Enterprises, Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fifteen percent (2015%) per annumannum above the then applicable interest rate hereunder shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Convertible Note (Liquidix Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period any monetary amounts not paid when due shall bear interest at a default interest rate of twenty fifteen percent (2015%) per annum.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default Default interest rate of twenty percent (20%) per annumshall accrue on all unpaid amounts due and owing under this Note until such amounts have been fully paid by the Borrower to the Holder.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fifteen percent (2015%) per annumannum until such amounts are paid.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a five (5five(5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty percent (20%) per annumannum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Accounts Receivable Purchase Agreement (Vertex Interactive Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty fourteen percent (2014%) per annumannum shall apply.
Appears in 1 contract
Samples: Convertible Debenture Purchase Agreement (AirtimeDSL)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty eighteen percent (2018%) per annum.
Appears in 1 contract
Samples: Secured Convertible Note (Conspiracy Entertainment Holdings Inc)
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty twenty-four percent (2024%) per annum.
Appears in 1 contract
Samples: Note (IDO Security Inc.)
Payment Grace Period. The Borrower shall have a five (5) business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty percent (20%) per annumannum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Secured Note (Kingsley Coach Inc)
Payment Grace Period. The Borrower shall have a five (5) business -------------------- day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of twenty fifteen percent (2015%) per annumannum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Convertible Note (BigString CORP)
Payment Grace Period. The Borrower shall have a five (5) day -------------------- grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of twenty percent (20%) per annumannum shall apply to the amounts owed hereunder.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a five (5) day grace period to pay any monetary amounts due under this Note, Note or the Purchase Agreement after which grace period a default interest rate of twenty five percent (205%) per annumannum above the then applicable interest rate hereunder shall apply to the monetary amounts due.
Appears in 1 contract
Samples: Convertible Term Note (Axesstel Inc)
