Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 85 contracts
Samples: Convertible Note (Avvaa World Health Care Products Inc), Kaire Holdings Inc, Kaire Holdings Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen twenty percent (1520%) per annum shall apply to the amounts owed hereunder.
Appears in 38 contracts
Samples: Science Dynamics Corp, Science Dynamics Corp, Science Dynamics Corp
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 16% per annum shall apply to the amounts owed hereunder.
Appears in 16 contracts
Samples: Convertible Note (Interiors Inc), Convertible Note (Sims Communications Inc), Convertible Note (Interiors Inc)
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen ten percent (1510%) per annum shall apply to the amounts owed hereunder.
Appears in 14 contracts
Samples: Securities Purchase Agreement (Long-E International, Inc.), A Note Purchase Agreement (China for-Gen Corp.), Silvergraph International Inc
Payment Grace Period. The Borrower shall have a ten seven (107) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen five percent (155%) per annum above the then applicable interest rate hereunder shall apply to the amounts owed hereunder.
Appears in 11 contracts
Samples: Metropolitan Health Networks Inc, Metropolitan Health Networks Inc, Securities Purchase Agreement (Path 1 Network Technologies Inc)
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due and payable under this Note, after which grace period a default interest rate of fifteen percent (15%) % per annum shall apply to the amounts owed hereunder.
Appears in 10 contracts
Samples: Wealthhound Com Inc, Wealthhound Com Inc, Wealthhound Com Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen eighteen percent (1518%) per annum shall apply to the amounts owed hereunder.
Appears in 9 contracts
Samples: NCT Group Inc, NCT Group Inc, NCT Group Inc
Payment Grace Period. The Borrower shall have a ten (10) business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 7 contracts
Samples: Subscription Agreement (Valcent Products Inc.), Valcent Products Inc., Valcent Products Inc.
Payment Grace Period. The Borrower shall have a ten (10) business day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of fifteen eighteen percent (1518%) per annum shall apply to the amounts owed hereunder.
Appears in 6 contracts
Samples: Tasker Products Corp, Advance Nanotech, Inc., Advance Nanotech, Inc.
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of any other Event of Default (as defined below) a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 6 contracts
Samples: Convertible Note (Voip Inc), Convertible Note (Voip Inc), Convertible Note (Voip Inc)
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 20% per annum shall apply to the amounts owed hereunder.
Appears in 5 contracts
Samples: Subscription Agreement (Plus Solutions Inc), Convertible Note (Artwork & Beyond Inc), Vianet Technologies Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace -------------------- period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen twenty percent (1520%) per annum shall apply to the amounts owed hereunder.
Appears in 5 contracts
Samples: Go Online Networks Corp, One Voice Technologies Inc, One Voice Technologies Inc
Payment Grace Period. The Borrower shall will have a ten twenty (1020) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen the higher of (i) one percent (151%) per annum shall month or (ii) the maximum amount allowed by law will apply to the amounts owed past due hereunder.
Appears in 4 contracts
Samples: Non Compete and Lockup Agreement (Sys), Subscription Agreement (Sys), Sys
Payment Grace Period. The Borrower shall have a ten (10) day grace ---------------------- period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 4 contracts
Samples: Imaging Technologies Corp/Ca, Imaging Technologies Corp/Ca, Imaging Technologies Corp/Ca
Payment Grace Period. The Borrower shall have a ten (10) day grace period -------------------- to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen ten percent (1510%) per annum shall apply to the amounts owed hereunder.
Appears in 4 contracts
Samples: Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/)
Payment Grace Period. The Borrower shall have a ten (10) day --------------------- grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 20% per annum shall apply to the amounts owed hereunder.
Appears in 3 contracts
Samples: Global Telemedia International Inc, Global Telemedia International Inc, Global Telemedia International Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 18% per annum shall apply to the amounts owed hereunder.
Appears in 3 contracts
Samples: Osage Systems Group Inc, Cambio Inc, Tech Laboratories Inc
Payment Grace Period. The Borrower shall have a ten twelve (1012) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 18% per annum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Tirex Corp, Tirex Corp
Payment Grace Period. The Borrower shall have a ten (10) business day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of fifteen twelve percent (1512%) per annum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Convertible Note (Omnimmune Holdings, Inc.), CepTor CORP
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen five percent (155%) per annum above the then applicable interest rate hereunder shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Infinite Group Inc), Securities Purchase Agreement (Infinite Group Inc)
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (1515.0%) percent per annum shall apply to the amounts owed hereunderhereunder calculated from the date of the making of this Note. In no event shall the rate of interest calculated hereunder exceed the maximum amount allowed by law and automatically shall be reduced to such maximum amount.
Appears in 2 contracts
Samples: Subscription Agreement (Lexington Energyservices Inc.), Nuvim Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent twenty-five (1525.0%) percent per annum shall apply to the amounts owed hereunderhereunder calculated from the date of the default. In no event shall the rate of interest calculated hereunder exceed the maximum amount allowed by law and automatically shall be reduced to such maximum amount.
Appears in 2 contracts
Samples: Royalty Agreement (Medstrong International Corp), Royalty Agreement (Medstrong International Corp)
Payment Grace Period. The Borrower shall have a ten (10) day grace -------------------- period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen ten percent (1510%) per annum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/)
Payment Grace Period. The Borrower shall have a ten (10) day -------------------- grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen twenty percent (1520%) per annum shall apply to the amounts owed hereunder.
Appears in 2 contracts
Samples: One Voice Technologies Inc, Endovasc LTD Inc
Payment Grace Period. The Borrower shall have a ten (10) business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen eighteen percent (1518%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Attitude Drinks Inc.
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen five percent (155%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Villageedocs Inc
Payment Grace Period. The Borrower shall have a ten (10) business day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of fifteen three percent (153%) per annum month above the rate otherwise applicable under this Note shall apply to the amounts owed hereunder.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunderprincipal amount owing on the Note.
Appears in 1 contract
Samples: Coffee Pacifica Inc
Payment Grace Period. The Borrower shall have a ten fifteen (1015) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 20% per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Ibiz Technology Corp
Payment Grace Period. The Borrower shall have a ten (10) calendar day grace period to pay any monetary amounts due under this Note, after which . Unless this Note specifically requires prior notice or demand for a payment no notice will be required to be given and the grace period a default interest rate of fifteen percent (15%) per annum shall apply to commence from the amounts owed hereunderdate such monetary payment is due.
Appears in 1 contract
Samples: Ironwood Gold Corp.
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of any other Event of Default (as defined below) a default interest rate of fifteen percent (1513%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Voip Inc
Payment Grace Period. The Borrower shall have a ten (10) --------------------- business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Family Room Entertainment Corp
Payment Grace Period. The Borrower shall have a ten (10) day -------------------- grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 20% per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Kaire Holdings Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen five percent (155%) per annum above the then applicable interest rate hereunder shall apply to the monetary amounts owed hereunderdue.
Appears in 1 contract
Samples: Securities Purchase Agreement (Digital Fusion Inc/Nj/)
Payment Grace Period. The Borrower shall have a ten thirty (1030) day ---------------------- grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen twelve percent (1512%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Go Online Networks Corp
Payment Grace Period. The Borrower shall have a ten (10) day grace period of 10 days to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Loan Agreement and Secured Promissory Note (Cellteck Inc.)
Payment Grace Period. The Borrower shall have a ten (10) -------------------- business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Amnis Systems Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) per annum shall apply to the amounts owed hereunderhereunder from the date of the expiration of the ten (10) day grace period until such default is cured by payment of all amounts then past due, provided that from and after the date of cure of the default, the annual rate specified in Section 1.3 again shall be applied.
Appears in 1 contract
Samples: Hypertension Diagnostics Inc /Mn
Payment Grace Period. The Borrower shall have a ten twelve (1012) business day grace period to pay any monetary amounts due under this Note, after which grace period and during the pendency of an Event of Default (as defined in Article III) a default interest rate of fifteen twelve percent (1512%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Ever-Glory International Group, Inc.
Payment Grace Period. The Borrower shall have a ten (10) business day grace period to pay any monetary amounts due under this Note, after which grace period a default interest at the stated rate of fifteen percent (15%) pursuant in item 1.3 below per annum shall apply continue to accrue until the amounts owed hereunderhereunder are repaid.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due and payable under this Note, after which grace period a default interest rate of fifteen percent (15%) 50% per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Global Industrial Services Inc
Payment Grace Period. The Except for monetary amounts due on the Maturity Date, accelerated or otherwise, the Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (15%) 16% per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: Antra Holdings Group Inc
Payment Grace Period. The Borrower shall have a ten (10) day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen percent (1515.0%) percent per annum shall apply to the amounts owed hereunderhereunder calculated from the date of the default. In no event shall the rate of interest calculated hereunder exceed the maximum amount allowed by law and automatically shall be reduced to such maximum amount.
Appears in 1 contract
Payment Grace Period. The Borrower shall have a ten (10) -------------------- day grace period to pay any monetary amounts due under this Note, after which grace period a default interest rate of fifteen twenty percent (1520%) per annum shall apply to the amounts owed hereunder.
Appears in 1 contract
Samples: One Voice Technologies Inc