Payment of Interest in Cash. The Company shall pay interest to the Holder on the then outstanding principal amount of this Note at the rate of 8% per annum, subject to adjustment as set forth herein, payable on the Maturity Date (if the Maturity Date is not a Business Day, then the payment shall be due on the next succeeding Business Day), in cash.
Appears in 6 contracts
Samples: Security Agreement (Bridgeline Digital, Inc.), Security Agreement (Bridgeline Digital, Inc.), Security Agreement (Bridgeline Digital, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the then aggregate and outstanding principal amount of this Note at the rate of 812% per annum, subject to adjustment as set forth hereinpayable monthly in cash on the first day of each month, payable beginning on the first such date after the Original Issue Date and on the Maturity Date (except that, if the Maturity Date any such date is not a Business Day, then the such payment shall be due on the next succeeding Business Day), in cash.
Appears in 3 contracts
Samples: Security Agreement (Knobias, Inc.), Convertible Security Agreement (Knobias, Inc.), Security Agreement (Knobias, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the then outstanding principal amount of this Note at the rate of 87% per annum, subject to adjustment as set forth herein, payable on the Maturity Date (if the Maturity Date is not a Business Day, then the payment shall be due on the next succeeding Business Day), in cash.
Appears in 3 contracts
Samples: Security Agreement (Bridgeline Digital, Inc.), Security Agreement (Bridgeline Digital, Inc.), Security Agreement (Bridgeline Digital, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 810% per annum, which interest shall start accruing on the date of closing with respect to the particular Note, subject to adjustment as set forth herein, payable on the Maturity Date (if the Maturity Date is not a Business Day, then the payment shall be due on the next succeeding Business Day), in cash.
Appears in 1 contract
Samples: Convertible Security Agreement (NewBridge Global Ventures, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the then aggregate and outstanding principal amount of this Note at the rate of 8% per annum, subject to adjustment as set forth hereinpayable monthly in arrears, payable in cash on the last day of each month, beginning on the first such date after the Original Issue Date and on the Maturity Date (except that, if the Maturity Date any such date is not a Business Day, then the such payment shall be due on the next succeeding Business Day), in cash.
Appears in 1 contract
Samples: Convertible Security Agreement (Grant Life Sciences, Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the then aggregate and outstanding principal amount of this Note at the rate of 812% per annum, subject to adjustment as set forth hereinpayable quarterly in arrears, payable in cash on the last day of each quarter, beginning on the first such date after the Original Issue Date and on the Maturity Date (except that, if the Maturity Date any such date is not a Business Day, then the such payment shall be due on the next succeeding Business Day), in cash.
Appears in 1 contract
Samples: Convertible Security Agreement (National Investment Managers Inc.)
Payment of Interest in Cash. The Company shall pay interest to the Holder on the then aggregate and outstanding principal amount of this Note at the rate of 812% per annum, subject to adjustment as set forth hereinpayable monthly in cash on the first day of each month, payable beginning on the first such date after the Balance Issue Date and on the Maturity Date (except that, if the Maturity Date any such date is not a Business Day, then the such payment shall be due on the next succeeding Business Day), in cash.
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Payment of Interest in Cash. The Company shall pay interest to the Holder on the then outstanding principal amount of this Note Amount Loaned at the rate of 812% per annum, subject to adjustment as set forth herein, payable on the Maturity Date (if the Maturity Date is not a Business Day, then the payment shall be due on the next succeeding Business Day), in cash.
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Payment of Interest in Cash. The Company shall pay accrue interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Note at the rate of 8% ten (10%) percent per annum, subject to adjustment as set forth herein, payable on the Maturity Date (the “Interest Payment Date”) (if the Maturity Interest Payment Date is not a Business Day, then the applicable payment shall be due on the next succeeding Business Day), in cash.
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