Common use of Interest and Payment Clause in Contracts

Interest and Payment. 1.1. The unpaid principal amount hereof shall bear simple interest from the date hereof at the rate of 15% per annum until the Maturity Date (or until any such earlier date of payment if this Note is prepaid as hereinafter provided).

Interest and Payment. 1.1. 1.1 The unpaid principal amount hereof shall bear simple interest from the date hereof at the rate of 15% nine percent (9%) per annum until the Maturity Date (or until any such earlier date of payment if this Note is prepaid as hereinafter providedprepaid).

Interest and Payment. 1.1. 1.1 The unpaid principal amount hereof outstanding from time to time shall bear simple interest from the date hereof at the rate of 1510% per annum until the first to occur of the Maturity Date (or until any such earlier the date of payment if this Note is prepaid as hereinafter provided)on which the entire principal balance hereof shall have been paid.

Interest and Payment. 1.1. The unpaid principal amount hereof shall bear simple interest from the date hereof at the rate of 1510% per annum until the Maturity Date (or until any such earlier date of payment if this Note is prepaid as hereinafter provided).