Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 34 contracts
Samples: Credit and Security Agreement (Mohawk Group Holdings, Inc.), Credit Agreement (Ellipse Technologies Inc), Credit and Security Agreement (Aziyo Biologics, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five two percent (5.02.0%) of each delinquent payment.
Appears in 22 contracts
Samples: Credit, Security and Guaranty Agreement (Oxford Immunotec Global PLC), Credit and Security Agreement (Novadaq Technologies Inc), Credit and Security Agreement (Invuity, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five three percent (5.03.0%) of each delinquent payment.
Appears in 9 contracts
Samples: Credit and Security Agreement (Staffing 360 Solutions, Inc.), Credit and Security Agreement (Celadon Group Inc), Credit and Security Agreement (Aptevo Therapeutics Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date)Date or, interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents Obligations are not timely made and remain overdue for a period of five (5) daysBusiness Days, Borrowers, without notice or demand by Agent, Borrowers shall promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five two percent (5.02.0%) of each delinquent payment.
Appears in 4 contracts
Samples: Credit and Security Agreement (Radius Health, Inc.), Credit and Security Agreement (Radius Health, Inc.), Credit and Security Agreement (Radius Health, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Administrative Agent in administering the Obligations, an amount equal to five percent (5.05%) of each delinquent payment.
Appears in 4 contracts
Samples: Credit and Security Agreement (American Retirement Corp), Credit Agreement (Cyberonics Inc), Credit and Security Agreement (American Retirement Corp)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.05%) of each delinquent payment.
Appears in 4 contracts
Samples: Credit and Security Agreement (Accuray Inc), Credit and Security Agreement (Advancis Pharmaceutical Corp), Credit and Security Agreement (Accuray Inc)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other the Lenders, as additional compensation to Administrative Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 3 contracts
Samples: Credit and Security Agreement (Ithaka Acquisition Corp), Credit and Security Agreement (Insulet Corp), Credit and Security Agreement (Penwest Pharmaceuticals Co)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) daysBusiness Days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five two percent (5.02.0%) of each delinquent payment.
Appears in 3 contracts
Samples: Credit and Security Agreement (Alpha Teknova, Inc.), Credit and Security Agreement (Alpha Teknova, Inc.), Credit and Security Agreement (Alpha Teknova, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by AgentLender, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, Lender as additional compensation to Agent Lender in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 3 contracts
Samples: Credit, Security and Guaranty Agreement (Alphatec Holdings, Inc.), Credit, Security and Guaranty Agreement (Alphatec Holdings, Inc.), Credit, Security and Guaranty Agreement (Alphatec Holdings, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Administrative Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 2 contracts
Samples: Credit and Security Agreement (Alphatec Holdings, Inc.), Credit and Security Agreement (Orexigen Therapeutics, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) [***] days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five [***] percent (5.0[***]%) of each delinquent payment.
Appears in 2 contracts
Samples: Credit, Security and Guaranty Agreement (Cerus Corp), Credit, Security and Guaranty Agreement (Cerus Corp)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other Lendersthe Lenders according to their Pro Rata Shares, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 2 contracts
Samples: Credit and Security Agreement (Barrier Therapeutics Inc), Credit and Security Agreement (NxStage Medical, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Administrative Agent in administering the Obligations, an amount equal to five two percent (5.02%) of each delinquent payment.
Appears in 1 contract
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account MidCap / Apyx Medical / Credit, Security and Guaranty Agreement and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five two percent (5.02.0%) of each delinquent payment.
Appears in 1 contract
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) daysBusiness Days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 1 contract
Samples: Credit and Security Agreement (Sarepta Therapeutics, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five three percent (5.03.0%) of each delinquent payment, until the earlier of the date such past due amounts have been paid in full and the date on which interest is first charged on such amounts pursuant to Section 10.5.
Appears in 1 contract
Samples: Credit and Security Agreement (Integrated Healthcare Holdings Inc)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other Lendersthe Lenders according to their Pro Rata Shares, as additional compensation to Agent in administering the Obligations, an amount equal to five two percent (5.02.0%) of each delinquent payment.
Appears in 1 contract
Samples: Credit and Security Agreement (Derma Sciences, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, BorrowersBorrower, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five three percent (5.03.0%) of each delinquent payment.
Appears in 1 contract
Samples: Credit and Security Agreement (Staffing 360 Solutions, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under MidCap / Aptevo Therapeutics / Credit and Security Agreement the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five three percent (5.03.0%) of each delinquent payment.
Appears in 1 contract
Samples: Credit and Security Agreement (Aptevo Therapeutics Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) daysBusiness Days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five two percent (5.02.00%) of each delinquent payment.
Appears in 1 contract
Samples: Credit and Security Agreement (Alpha Teknova, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Chicken Soup for the Soul Entertainment, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Administrative Agent, promptly shall pay to Administrative Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Administrative Agent in administering the Obligations, an amount equal to five three percent (5.03%) of each delinquent payment.
Appears in 1 contract
Samples: Credit and Security Agreement (Dynacq Healthcare Inc)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days, Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.. MidCap / EndoChoice / Term Credit and Security Agreement
Appears in 1 contract
Samples: Credit and Security Agreement (EndoChoice Holdings, Inc.)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) days[***], Borrowers, without notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five [***] percent (5.0[***]%) of each delinquent payment.
Appears in 1 contract
Samples: Credit, Security and Guaranty Agreement (Cerus Corp)
Late Charges. If payments of principal (other than a final installment of principal upon the Termination Date), interest due on the Obligations, or any other amounts due hereunder or under the other Financing Documents are not timely made and remain overdue for a period of five (5) daysBusiness Days, Borrowers, without promptly after notice or demand by Agent, promptly shall pay to Agent, for its own account and not for the benefit of any other Lenders, as additional compensation to Agent in administering the Obligations, an amount equal to five percent (5.0%) of each delinquent payment.
Appears in 1 contract
