Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Date; and (iv) the Financing Date.
Appears in 3 contracts
Samples: Hunapu Inc, Hunapu Inc, Hunapu Inc
Interest and Payment. 1.1. 1.1 The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Date; and (iv) the Financing Date.
Appears in 2 contracts
Samples: Hunapu Inc, Hunapu Inc
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) 6% from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Conversion Date; and , or (iv) the Financing Acceleration Date.
Appears in 2 contracts
Samples: Winsonic Digital Media Group LTD, Winsonic Digital Media Group LTD
Interest and Payment. 1.1. 1.1 The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "“Note Rate"”) of twelve percent (12%) from the date hereof through the earliest to occur of (i) October 15, 2005 (the “Maturity Date”); or, (ii) the date on which the outstanding principal amount of this Note is prepaid in full (the “Prepayment Date; (iii) ”). All interest accrued on the Acceleration Date; and (iv) date of the Financing Dateprincipal payments required under Section 1.2 shall be paid on the date of such principal payments.
Appears in 2 contracts
Samples: Critical Home Care Inc, Critical Home Care Inc
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve ten percent (1210%) from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; and (iii) the Acceleration Date; and (iv) the Financing Date.
Appears in 2 contracts
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) percent from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Date; and Funding Date or (iv) the Financing Acceleration Date.
Appears in 1 contract
Samples: AskMeNow,Inc.
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve nine percent (129%) from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Conversion Date; and , or (iv) the Financing Acceleration Date.
Appears in 1 contract
Samples: Winsonic Digital Media Group LTD
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) percent from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Date; and Funding Date or (iv) the Financing Acceleration Date. In the event the Company extends the Maturity Date, the Note Rate shall increase to fourteen (14%) percent from the original Maturity Date until the Note is paid.
Appears in 1 contract
Samples: AskMeNow,Inc.
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve three percent (123%) from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; and (iii) the Acceleration Date; and (iv) the Financing Date.
Appears in 1 contract
Samples: Acquired Sales Corp
Interest and Payment. 1.1. 1.1 The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve ten percent (1210%) from the date hereof through the earliest to occur of (i) the Maturity Date; , (ii) the Prepayment Date; Date and (iii) the Acceleration Date; and (iv) the Financing Date.
Appears in 1 contract
Samples: Note (Galacticomm Technologies Inc)
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) percent from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Date; and Funding Date or (iv) the Financing Acceleration Date. In the event the Company extends the Maturity Date, the Note Rate shall increase to sixteen (16%) percent from the original Maturity Date until the Note is paid.
Appears in 1 contract
Samples: Global Realty Development Corp
Interest and Payment. 1.1. The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve percent (12%) from the date hereof through the earliest to occur Maturity Date at the rate of five percent (i5%) per annum (the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Date; and (iv) the Financing Date“Note Rate”).
Appears in 1 contract
Interest and Payment. 1.1. 1.1 The principal amount of this Note outstanding from time to time shall bear simple interest at the annual rate (the "Note Rate") of twelve six percent (126%) from the date hereof through the earliest to occur of (i) the Maturity Date; (ii) the Prepayment Date; (iii) the Acceleration Conversion Date; and , or (iv) the Financing Acceleration Date.
Appears in 1 contract
Samples: Winsonic Digital Media Group LTD