Priority of Payment. Payments under this Note shall be applied first to accrued and unpaid interest and then to the Principal Sum outstanding. All amounts due under this Note shall be payable without setoff, counterclaim or any other deduction whatsoever.
Appears in 5 contracts
Samples: Credit Facility Agreement (Protalex Inc), Credit Facility Agreement (Protalex Inc), Secured Promissory Note (Protalex Inc)