Common use of Maturity and Interest Clause in Contracts

Maturity and Interest. The Series C Notes shall mature on October 1, 2004 and shall bear interest from their Issue Date at the rate of (i) ten percent (10%) per annum until October 1, 2003; and (ii) eleven percent (11%) per annum therafter until payment of the principal amount shall have been made. The Interest Payment Dates for the Series C Notes shall be April 1 and October 1, in each year, commencing April 1, 2003.

Maturity and Interest. The Series C Notes shall mature on October 1__, 2004 and shall bear interest from their Issue Date at the rate of (i) ten percent (10%) per annum until October 1, 2003for the first twelve (12) months after the Issue Date; and (ii) eleven percent (11%) per annum therafter for months thirteen (13) through twenty-four (24) after the Issue Date until payment of the principal amount shall have been mademade or duly provided for. The Interest Payment Dates for the Series C Notes shall be April 1 __ and October 1__, in each year, commencing April 1__, 2003.