Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $250.00. Other than ▇▇▇▇▇▇▇▇'s obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
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Sources: Promissory Note (Coastcast Corp), Promissory Note (Silicon Laboratories Inc), Promissory Note (Silicon Laboratories Inc)
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ Borrowers agrees that all loan fees and other fee▇ ▇▇▇ ▇▇▇er prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.00. Other 100.00 other than ▇▇▇▇▇▇▇▇Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lender in writing, relieve Borrow▇▇ ▇▇ Borrower's obligation ▇▇ ▇▇▇▇inue ▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
Appears in 1 contract
Sources: Promissory Note (Klein Engines & Competition Components Inc)
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Its Note, Borrower understands that Lender is entitled to a A MINIMUM INTEREST CHARGE OF $250.00. Other than ▇▇▇▇▇▇▇▇'s obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, Rather they will reduce the principal balance duedue and may result in Borrower making fewer payments.
Appears in 1 contract
Sources: Promissory Note (Tag It Pacific Inc)
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower ▇▇▇▇▇▇▇▇ understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.0025.00. Other than ▇▇▇▇▇▇▇▇'s obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
Appears in 1 contract
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.0050.00. Other than ▇▇▇▇▇▇▇▇Borrower's obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower's making fewer payments.
Appears in 1 contract
Minimum Interest Charge. ▇▇▇▇Borr▇▇▇▇ agrees ▇▇▇ees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower understands Borr▇▇▇▇ ▇▇▇erstands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.0025.00. Other other than Borr▇▇▇▇'▇ ▇▇▇▇'s obligation bligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lend▇▇ ▇▇ writing, relieve Borr▇▇▇▇ ▇▇ Borr▇▇▇▇'▇ ▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation bligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 1 contract
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower ▇▇▇▇▇▇▇▇ understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.00. Other than ▇▇▇▇▇▇▇▇'s obligation to pay any minimum interest charge, Borrower may pay without penalty penally all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 1 contract
Sources: Business Loan Agreement (Human Pheromone Sciences Inc)
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower ▇▇▇▇▇▇▇▇ understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.00. Other than ▇▇▇▇▇▇▇▇'s obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interestunder the payment schedule. Rather, they will reduce the principal balance duedue and may result in Borrower making fewer payments.
Appears in 1 contract
Minimum Interest Charge. ▇▇▇▇Borr▇▇▇▇ agrees ▇▇▇ees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this NoteAgreement, Borrower understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF $250.0050.00. Other than Borr▇▇▇▇'▇ ▇▇▇▇'s obligation bligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by Lend▇▇ ▇▇ writing, relieve Borr▇▇▇▇ ▇▇ Borr▇▇▇▇'▇ ▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ of ▇▇▇▇▇▇▇▇'s obligation bligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
Appears in 1 contract
Sources: Disbursement Request and Authorization (California Beach Restaurants Inc)
Minimum Interest Charge. ▇▇▇▇▇▇▇▇ agrees that all loan fees and other prepaid finance charges are earned fully as of the date of the loan and will not be subject to refund upon early payment (whether voluntary or as a result of default), except as otherwise required by law. In any event, even upon full prepayment of this Note, Borrower ▇▇▇▇▇▇▇▇ understands that Lender is entitled to a MINIMUM INTEREST CHARGE OF minimum interest charge of $250.00100.00. Other than ▇▇▇▇▇▇▇▇'s obligation to pay any minimum interest charge, Borrower may pay without penalty all or a portion of the amount owed earlier than it is due. Early payments will not, unless agreed to by ▇▇▇▇▇▇ in writing, relieve ▇▇▇▇▇▇▇▇ Borrower of ▇▇▇▇▇▇▇▇'s obligation to continue to make payments of accrued unpaid interest. Rather, they will reduce the principal balance due.
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