Common use of Minimum Interest Charge Clause in Contracts

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) on the date and in the manner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(asubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 12,500 per calendar month quarter (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dsubsection (a) on the date first day of each quarter and in on the manner provided in Section 2.4Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 20,000 per calendar month quarter (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections Section 2.2(a) and 2.2(d) on the date and in arrears in the manner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(asubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 10,000 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dsubsection (a) on the date first day of each month and in on the manner provided in Section 2.4Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a2.6(a), the Borrower shall pay to the Lender interest of not less than Five Fifteen Thousand Dollars ($5,00015,000) per calendar month (or a prorata portion of such amount for any partial month) (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a2.6(a) and 2.2(d2.6(d) on the date and in the manner provided in Section 2.42.8.

Minimum Interest Charge. Notwithstanding any other terms of this Agreement to the interest payable pursuant to Section 2.2(a)contrary, the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 11,667 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dSection 2.5(a) on the date first day of each month and in on the manner provided in Section 2.4Termination Date. When calculating this deficiency, the Default Rate, if applicable, shall be disregarded.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower Borrowers shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 30,000 per calendar month quarter (the "Minimum Interest Charge") during the term of this Agreement, prorated for periods less than one calendar quarter, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dSubsection (a) on the date first day of each calendar quarter and in on the manner provided in Section 2.4Termination Date."

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 10,000 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) Subsection (a), in arrears, on the date first day of each month and in on the manner provided in Section 2.4Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 240,000.00 per calendar month Loan Year (the "“Minimum Interest Charge"”) during the term of this AgreementAgreement on the Revolving Advances, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(aSubsection (a) following each anniversary of the Funding Date and 2.2(d) on the date and Termination Date. As used in the manner provided in Section 2.4.this

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a), the Borrower shall Borrowers jointly and severally agree to pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 2,750 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d2.2(c) on the date and in the manner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a) and 2.2(c) and subject to Section 2.2(d), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 7,166 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, Agreement (prorated for less than a full month) and on the first day of each month the Borrower shall pay any deficiency between the Minimum Interest Charge such minimum interest charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) on the date and in the manner provided in Section 2.42.2(c).

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 15,000 per calendar month (the "“Minimum Interest Charge"”) during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dSubsection (a) on the date first day of each month and in on the manner provided in Section 2.4Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 60,000 per calendar month (the "“Minimum Interest Charge"”) during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dSubsection (a) on the date first day of each month and in on the manner provided in Section 2.4Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 10,000 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dSection 2.8(a) on the date first day of each month and in on the manner provided in Section 2.4Termination Date.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), but subject to Subsection (e), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 15,000 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) on the date and in the manner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 17,000 per calendar month (the "Minimum Interest Charge") year during the term of this Agreementagreement (prorated for less than full years), and the Borrower shall pay any deficiency between the Minimum Interest Charge such minimum interest charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) on the date and in the manner provided in Section 2.42.2(c)."

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 8,000.00 per calendar month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) on the date and in the manner provided in Section 2.4.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(aSubsection (a), the Borrower Borrowers shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 25,000 per calendar month quarter (the "Minimum Interest Charge") during the term of this Agreement, prorated for periods less than one calendar quarter, and the Borrower Borrowers shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(dSubsection (a) on the date first day of each calendar quarter and in on the manner provided in Section 2.4Termination Date."

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a2.4(a), the Borrower shall pay to the Lender interest of not less than Twenty Five Thousand Dollars ($5,00025,000) per calendar during each month (the "Minimum Interest Charge") during the term of this Agreement, and the Borrower shall pay any deficiency between the Minimum Interest Charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d2.4(a) on the date and in the manner provided in Section 2.42.6.

Minimum Interest Charge. Notwithstanding the interest payable pursuant to Section 2.2(a), the Borrower shall pay to the Lender interest of not less than Five Thousand Dollars ($5,000) 70,000 per calendar month (the "Minimum Interest Charge") year during the term of this Agreement, and on each anniversary of this Agreement the Borrower shall pay any deficiency between the Minimum Interest Charge such minimum interest charge and the amount of interest otherwise calculated under Sections 2.2(a) and 2.2(d) on the date and in the manner provided in Section 2.4.