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