Common use of Note Interest Clause in Contracts

Note Interest. Except as otherwise provided in this Note, interest (“Interest”) shall accrue on the outstanding Principal Amount of the Note at the rate of two hundred percent (200%) per annum (the “Interest Rate”) and shall be due and payable on the Maturity Date (as defined in Section 2).

Appears in 6 contracts

Sources: Note Purchase Agreement (Geovic Mining Corp.), Note Purchase Agreement (Geovic Mining Corp.), Note Purchase Agreement (Geovic Mining Corp.)

Note Interest. Except as otherwise provided in this Note, interest (“Interest”) shall accrue on the outstanding Principal Amount of the Note at the rate of two three hundred percent (200300%) per annum (the “Interest Rate”) and shall be due and payable on the Maturity Date (as defined in Section 2).

Appears in 4 contracts

Sources: Note Purchase Agreement (Geovic Mining Corp.), Note Purchase Agreement (Geovic Mining Corp.), Note Purchase Agreement (Geovic Mining Corp.)