Call Procedure. If any portion of the payment pursuant to a Call shall not be paid by the Company by the applicable due date, interest shall accrue thereon at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law until such amount is paid in full.
Appears in 3 contracts
Sources: Convertible Security Agreement (PSQ Holdings, Inc.), Convertible Security Agreement (PSQ Holdings, Inc.), Convertible Security Agreement (PSQ Holdings, Inc.)