Common use of Time For Interest Payments Clause in Contracts

Time For Interest Payments. Interest shall be due and payable in arrears on the first day of each month and on the Termination Date.

Appears in 7 contracts

Samples: Credit and Security Agreement (Infotech Usa Inc), Credit and Security Agreement (Pro Dex Inc), Credit and Security Agreement (Pro Dex Inc)

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Time For Interest Payments. Interest shall be due and payable in arrears on the first day of each month following the month in which such interest accrues and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Dynamic Materials Corp)

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Time For Interest Payments. Interest accruing on Advances shall be due and payable in arrears on the first day of each month and on the Termination Date.

Appears in 1 contract

Samples: Credit and Security Agreement (Pw Eagle Inc)

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