Agreement to Pay Interest. Borrowers agree to pay interest on all unpaid principal amounts of the Loans from the respective date each such Loan is made until such Loan is paid (whether at stated maturity, upon acceleration, or otherwise) at the rates of interest and at the times set forth in this Agreement.
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Samples: Loan and Security Agreement (Englobal Corp), Loan and Security Agreement (Dreams Inc), Loan and Security Agreement (Dreams Inc)
Agreement to Pay Interest. Borrowers agree Borrower agrees to pay interest on all unpaid principal amounts of the Loans from the respective date each such Loan is made until such Loan is paid (whether at stated maturity, upon acceleration, or otherwise) at the rates of interest and at the times set forth in this Agreement.
Appears in 1 contract
Samples: Loan and Security Agreement (Transcend Services Inc)
Agreement to Pay Interest. Borrowers agree Borrower agrees to pay interest on all the unpaid principal amounts amount of the Loans each Loan from the respective date each such Loan is made until such Loan is paid in full (whether at stated maturity, upon acceleration, or otherwise) at the rates of interest and at the times set forth in this Agreement. Notwithstanding anything herein to the contrary, interest shall continue to accrue on the principal amount of each Loan which remains unpaid after the Termination Date.
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