Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION
Appears in 10 contracts
Samples: Credit Agreement (Applied Signal Technology Inc), Credit Agreement (Biolase Technology Inc), Credit Agreement (Guidance Software, Inc.)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 10 contracts
Samples: Agreement (Golden State Vintners Inc), Credit Agreement (Alphatec Holdings, Inc.), Agreement (Golden State Vintners Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if If any payment of principal or interest interest, or any portion thereof, , under this Agreement is not paid within 5 ten (10) calendar days of when after it is due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION."
Appears in 5 contracts
Samples: Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Scheid Vineyards Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if If any payment of principal (other than a principal payment due pursuant to Section 2.03(b)) or interest interest, or any portion thereof, under this Agreement is not paid within 5 ten (10) calendar days of when after it is due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 4 contracts
Samples: Credit Agreement (PMR Corp), Accounts Receivable Credit Agreement (Elexsys International Inc), Accounts Receivable Credit Agreement (Golden State Vintners Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if If any payment of principal or interest interest, or any portion thereof, under this Agreement is not paid within 5 ten (10) calendar days of when after it is due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 4 contracts
Samples: Line of Credit Agreement (Scheid Vineyards Inc), Line of Credit Agreement (Scheid Vineyards Inc), Credit Agreement (Scheid Vineyards Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 15 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION
Appears in 3 contracts
Samples: Credit Agreement (Primoris Services Corp), Credit Agreement (Guidance Software, Inc.), Credit Agreement (Volcom Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal (other than a principal payment due pursuant to Section 1.02H.) or interest interest, or any portion thereof, under this Agreement is not paid within 5 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 2 contracts
Samples: Line of Credit Agreement (Maxwell Laboratories Inc /De/), Line of Credit Agreement (Maxwell Technologies Inc)
Late Payment. In addition to any other rights the Bank Lender may have hereunder, if any payment of principal or interest interest, or any portion thereof, under this Loan Agreement is not paid within 5 days of when duein accordance with the terms herein, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 2 contracts
Samples: Term Loan Agreement (Lyles Diversified, Inc.), Term Loan Agreement (Pacific Ethanol, Inc.)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal (other than a principal payment due on the Expiration Date pursuant to Section 2.3) or interest interest, or any portion thereof, under this Agreement is not paid within 5 ten (10) days of when the date due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal (other than a principal payment due pursuant to Section 2.3) or interest interest, or any portion thereof, under this Agreement is not paid within 5 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Samples: 1998 Credit Agreement (Align Rite International Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 15 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTIONSECTION CONDITIONS PRECEDENT
Appears in 1 contract
Samples: Credit Agreement (Micrel Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 15 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Late Payment. In addition to any other rights the Bank may have hereunderhereunder or under the Notes or any other Loan Document, if any payment of principal or interest or any portion thereof, under this Agreement Agreement, the Notes or any other Loan Document is not paid within 5 fifteen (15) days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Samples: Credit Agreement
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 fifteen (15) days of when due, a late payment charge equal to five percent (5%) % of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Samples: Credit Agreement (Ixys Corp /De/)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 days of when due10 days, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal (other than a principal payment due pursuant to Section 2.03) or interest interest, or any portion thereof, under this Agreement is not paid within 5 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION.
Appears in 1 contract
Samples: Line of Credit Agreement (Elexsys International Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement for any of the facilities is not paid within 5 10 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION
Appears in 1 contract
Samples: Credit Agreement (Osi Systems Inc)
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. payable SECTION
Appears in 1 contract
Late Payment. In addition to any other rights the Bank may have hereunder, if any payment of principal or interest or any portion thereof, under this Agreement is not paid within 5 10 days of when due, a late payment charge equal to five percent (5%) of such past due payment may be assessed and shall be immediately payable. SECTION
Appears in 1 contract
