Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 56 contracts
Sources: Credit Agreement (Cancer Genetics, Inc), Credit Agreement (Virco MFG Corporation), Credit Agreement (Virco MFG Corporation)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 50 contracts
Sources: Credit Agreement (Medtox Scientific Inc), Loan Agreement (Pro Dex Inc), Credit Agreement (Mellanox Technologies, Ltd.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank's option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 14 contracts
Sources: Credit Agreement (S&W Seed Co), Ex Im Working Capital Guarantee Credit Agreement (S&W Seed Co), Credit Agreement (S&W Seed Co)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 12 contracts
Sources: Term Note (AAC Holdings, Inc.), Credit Agreement (Zumiez Inc), Term Note (AAC Holdings, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Note.
Appears in 10 contracts
Sources: Credit Agreement (America First Multifamily Investors, L.P.), Revolving Line of Credit Note (America First Multifamily Investors, L.P.), Revolving Line of Credit Note (America First Multifamily Investors, L.P.)
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 10 contracts
Sources: Credit Agreement (Provena Foods Inc), Revolving Line of Credit Note (Shoe Pavilion Inc), Credit Agreement (Keystone Automotive Industries Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 8 contracts
Sources: Credit Agreement, Credit Agreement (Marcus & Millichap, Inc.), Revolving Line of Credit Note (Plantronics Inc /Ca/)
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 7 contracts
Sources: Credit Agreement (Provena Foods Inc), Revolving Line of Credit Note (Shoe Pavilion Inc), Revolving Line of Credit Note (Exponent Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 5 contracts
Sources: Credit Agreement, Credit Agreement (Bebe Stores, Inc.), Credit Agreement (Day Runner Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Lender’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 4 contracts
Sources: Credit Agreement (Saba Software Inc), Credit Agreement (Saba Software Inc), Credit Agreement (Saba Software Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the outstanding occurrence, and during the continuance of an Event of Default, the outside principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 4 contracts
Sources: Credit Agreement (Tilly's, Inc.), Credit Agreement (Tilly's, Inc.), Credit Agreement (Tilly's, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Note.
Appears in 4 contracts
Sources: Revolving Line of Credit Note (SBS Technologies Inc), Revolving Line of Credit Note, Revolving Line of Credit Note (SBS Technologies Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of ▇▇▇▇▇▇, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this NoteNote (the “Default Rate”).
Appears in 4 contracts
Sources: Term Loan Note (Lodging Fund REIT III, Inc.), Term Loan Note (Lodging Fund REIT III, Inc.), Term Loan Note (Lodging Fund REIT III, Inc.)
Default Interest. From and after the maturity date Maturity Date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Revolving Line of Credit Note (Global Water Resources, Inc.), Revolving Line of Credit Note (Global Water Resources, Inc.), Revolving Line of Credit Note (Global Water Resources, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) 2% above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Credit Agreement (Lacrosse Footwear Inc), Revolving Line of Credit Note (eTelecare Global Solutions, Inc.), Revolving Line of Credit Note (Dot Hill Systems Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank's option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Credit Agreement (Mocon Inc), Credit Agreement (Bebe Stores, Inc.), Revolving Line of Credit Note (Fortress International Group, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42.00%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Revolving Line of Credit Note (Skullcandy, Inc.), Revolving Line of Credit Note (Skullcandy, Inc.), Credit Agreement (Bebe Stores, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Credit Agreement (Power Integrations Inc), Credit Agreement (Marcus & Millichap, Inc.), Credit Agreement (Power Integrations Inc)
Default Interest. From and after the maturity date of this Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Revolving Line of Credit Note (Exponent Inc), Revolving Line of Credit Note (Grip Technologies Inc), Credit Agreement (Provena Foods Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest Interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Revolving Line of Credit Note (Avigen Inc \De), Revolving Line of Credit Note (Avigen Inc \De), Revolving Line of Credit Note (Avigen Inc \De)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-360 day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 3 contracts
Sources: Term Note (Virco MFG Corporation), Term Note (Virco MFG Corporation), Credit Agreement (Virco MFG Corporation)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the rate of interest from time to time applicable to this Notethe credit agreement dated May 30, 2001.
Appears in 2 contracts
Sources: Credit Agreement (Northwest Pipe Co), Credit Agreement (Northwest Pipe Co)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42.00%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Credit Agreement (Tekelec), Credit Agreement (Day Runner Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Credit Agreement (Synaptics Inc), Credit Agreement (SJW Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REPAYMENT:
Appears in 2 contracts
Sources: Term Note (EnviroStar, Inc.), Term Note (EnviroStar, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of ▇▇▇▇▇▇, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Term Loan Note, Term Loan Note
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42.0%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Credit Agreement (Datalink Corp), Credit Agreement (Datalink Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time otherwise applicable to this Note., but in no event at a rate greater than the Maximum Rate or the EBT Rate. REPAYMENT:
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement
Default Interest. From and after the maturity date of this Note, ---------------- or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Loan Agreement (Grip Technologies Inc), Credit Agreement (Lecg Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to in effect on the scheduled maturity date of this Note, or any accelerated maturity date.
Appears in 2 contracts
Sources: Term Note (Lindsay Corp), Term Note (Lindsay Manufacturing Co)
Default Interest. From and after the maturity date Maturity Date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence, and during the continuance of an Event of Default, then at the option of the Bank the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) at an increased rate per annum equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Credit Agreement (Marcus & Millichap, Inc.), Credit Agreement (Marcus & Millichap, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank's option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Credit Agreement (SJW Corp), Credit Agreement (SJW Corp)
Default Interest. From and after the maturity date of this NoteMaturity Date, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 2 contracts
Sources: Term Note (Biohaven Pharmaceutical Holding Co Ltd.), Term Note (Biohaven Pharmaceutical Holding Co Ltd.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a three hundred sixty (360-) day year, actual days elapsed) equal to four five percent (45%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (Symmetricom Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-–day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (Expeditors International of Washington Inc)
Default Interest. From and after the maturity date of this the Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this the Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four THREE percent (43.0%) ----- --- above the rate of interest from time to time applicable to this the Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this NoteNote (“Default Interest”).
Appears in 1 contract
Sources: Credit Agreement (Landec Corp \Ca\)
Default Interest. From and after the maturity date of this Note, or such ---------------- earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43%) above the higher of (i) the Prime Rate or (ii) the rate of interest from time to time then in effect applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (4%5'-.) above the interest rate of interest in effect from time to time applicable to this Notetime.
Appears in 1 contract
Sources: Revolving Line of Credit Note (Stratford American Corp)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note. 2.
Appears in 1 contract
Sources: Term Note (Medtox Scientific Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum annum. (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REL; Principal/Interest Together; MMFR; 5-year Interest Adjustments 032098 REPAYMENT AND PREPAYMENT:
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day -day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note. ▇▇▇▇▇▇▇▇.▇▇ (08/08) 20081030033 / Page 2 Revolving Line of Credit Note 02690, #5564597639
Appears in 1 contract
Sources: Revolving Line of Credit Note
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43.00%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (Northwest Pipe Co)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 36036O-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (SJW Corp)
Default Interest. From and after the maturity date of this ---------------- Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, . actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Term Note (Auto Graphics Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Revolving Line of Credit Note (Orion Energy Systems, Inc.)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Lender’s option upon the occurrence, and during the continuance of any Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (45%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on an the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Letter Amendment (Interwoven Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, (actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, ---------------- or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing owing, hereunder becomes due and payable by acceleration or otherwise, the . The outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, . actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360365/366-day year, as the case may be, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note, but in no event at a rate greater than the Maximum Rate.
Appears in 1 contract
Sources: Credit Agreement (Acr Group Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.. REPAYMENT AND PREPAYMENT:
Appears in 1 contract
Sources: Credit Agreement (Natural Alternatives International Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (45%) above the interest rate of interest in effect from time to time applicable to this Notetime.
Appears in 1 contract
Sources: Revolving Line of Credit Note (Stratford American Corp)
Default Interest. From and after the maturity date of this Note, . or such earlier date as all principal owing hereunder owing, ▇▇▇▇▇▇▇▇▇ becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, . actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this the Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this the Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four three percent (43.00%) above the rate of interest from time to time applicable to this the Note.
Appears in 1 contract
Sources: Revolving Credit Loan & Security Agreement (Business Resource Group)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Term Note (Red Lion Hotels CORP)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) 2% above the rate of interest Prime Rate in effect from time to time applicable to this Notetime.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or ---------------- such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest Interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (Shoe Pavilion Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-–day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (Natrol Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four five percent (45%) above the rate of interest from time to time applicable to this Note..
Appears in 1 contract
Sources: Revolving Line of Credit Note (Flexsteel Industries Inc)
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360365-day year, actual days elapsed) equal to four percent (4%) % above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or at Bank’s option upon the occurrence, and during the continuance of an Event of Default, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360365-day year (366 during any leap year), actual days elapsed) equal to four percent (4%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Revolving Line of Credit Note
Default Interest. From and after the maturity date of this Note, or such earlier date as all principal owing hereunder becomes due and payable by acceleration or otherwise, or upon the occurrence and during the continuance of an Event of Default, then at the option of Bank, in its sole and absolute discretion, the outstanding principal balance of this Note shall bear interest until paid in full at an increased rate per annum (computed on the basis of a 360-day year, actual days elapsed) equal to four two percent (42%) above the rate of interest from time to time applicable to this Note.
Appears in 1 contract
Sources: Credit Agreement (Proto Labs Inc)