Common use of Change in Interest Rate Clause in Contracts

Change in Interest Rate. If checked here, effective upon the date of this Amendment, interest payable under the Note is amended as follows: The unpaid principal balance will bear interest at an annual rate described in the Interest Rate Rider attached to this Amendment.

Appears in 2 contracts

Sources: Loan Agreement (Outdoor Channel Holdings Inc), Loan Agreement (Phoenix Gold International Inc)

Change in Interest Rate. If checked here, effective upon on the date of this Amendment, interest payable under the Note is amended as follows: The unpaid principal balance will bear interest at an annual rate described in the Interest interest Rate Rider attached to this Amendment.

Appears in 1 contract

Sources: Loan Agreement (Itex Corp)