Simple Interest Rate. Except as otherwise provided in Section 4.2, the Loan shall bear simple interest at a rate of Fourteen (14%) per annum from time in effect. This Loan is the interest-only Loan.
Appears in 2 contracts
Samples: Loan Agreement (Helpful Alliance Co), Loan Extension Agreement (Helpful Alliance Co)
Simple Interest Rate. Except as otherwise provided in Section 4.2, the Loan shall bear simple interest at a rate of Fourteen Twelve and one half (1412.5%) per annum from time in effect. This Loan is the interest-only Loan.
Appears in 2 contracts
Samples: Loan Agreement (Helpful Alliance Co), Loan Agreement (Helpful Alliance Co)
Simple Interest Rate. Except as otherwise provided in Section 4.2, the The Loan shall bear simple interest at a rate of Fourteen (14Six [6.0%) ] percent per annum which shall start occurring from time the Loan Date and continue until the Loan Amount is paid in effectfull. This Loan is the interest-only Loan.
Appears in 1 contract