REPAYMENT OF DEPOSIT. Upon termination of the Agreement, (a) SYSTRAN may increase the Deposit percentage to 100%, in its sole discretion, and (b) all other sums that may become due to Customer by SYSTRAN will be included in the Deposit. Any shortfall in the Deposit shall bear interest at the rate of four percent (4%) per month.
Appears in 6 contracts
Samples: Systran Financial Services (Gasel Transportation Lines Inc), Systran Financial Services (Gasel Transportation Lines Inc), Factoring Agreement (Gasel Transportation Lines Inc)
REPAYMENT OF DEPOSIT. Upon termination of the Agreement, (a) SYSTRAN may increase the Deposit percentage to 100%***, in its sole discretion, and (b) all other sums that may become due to Customer by SYSTRAN will be included in the Deposit. Any shortfall in the Deposit shall bear interest at the rate of four percent (4%) per month***.
Appears in 2 contracts
Samples: Systran Financial Services Corporation Factoring Agreement (Crdentia Corp), Systran Financial Services Corporation Factoring Agreement (Crdentia Corp)
