Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific Time, on any day shall be deemed received on the next Business Day.
Appears in 35 contracts
Samples: Loan and Security Agreement (Giga Tronics Inc), Security Agreement (Bioject Medical Technologies Inc), Loan and Security Agreement (Sonic Foundry Inc)
Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific TimeStandard Time or Pacific Daylight Time (as the case may be), on any day shall be deemed received on the next Business Day.
Appears in 3 contracts
Samples: Convertible Note Facility Agreement (CBD Energy LTD), Convertible Note Facility Agreement (CBD Energy LTD), Convertible Note Facility Agreement (CBD Energy LTD)
Interest Computation. In computing interest on the Obligations, all Payments received after 12:00 Noon, Pacific Time, on any day shall be deemed received on the next Business Day.. Partners for Growth Loan and Security Agreement
Appears in 1 contract
Samples: Loan and Security Agreement (Composite Technology Corp)
