Common use of Payment of Principal and Accrued Interest Clause in Contracts

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st day of each month.

Appears in 3 contracts

Samples: Twinlab Consolidated Holdings, Inc., Twinlab Consolidated Holdings, Inc., Twinlab Consolidated Holdings, Inc.

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Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 5th day of each month, with the first interest payment due February 5, 2017.

Appears in 3 contracts

Samples: www.sec.gov, Twinlab Consolidated Holdings, Inc., Twinlab Consolidated Holdings, Inc.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 28th day of each month.

Appears in 2 contracts

Samples: Twinlab Consolidated Holdings, Inc., Twinlab Consolidated Holdings, Inc.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.58.0%) per annum (the "Interest Rate"). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 1st day of each month, with the first interest payment due April 1, 2020.

Appears in 2 contracts

Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.), Twinlab Consolidated Holdings, Inc.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the "Interest Rate"). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 1st day of each month, with the first interest payment due January 1, 2018.

Appears in 1 contract

Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.)

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half six percent (8.56%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st day of each monthpayable, in arrears, from time to time, as provided below.

Appears in 1 contract

Samples: Purchase Agreement (Twinlab Consolidated Holdings, Inc.)

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half three percent (8.53%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st day of each monthpayable, in arrears, from time to time, as provided below.

Appears in 1 contract

Samples: Purchase Agreement (Twinlab Consolidated Holdings, Inc.)

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 5th day of each month, with the first interest payment due August 5, 2016.

Appears in 1 contract

Samples: Twinlab Consolidated Holdings, Inc.

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Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 1st day of each month, with the first interest payment due January 1, 2018.

Appears in 1 contract

Samples: Twinlab Consolidated Holdings, Inc.

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the "Interest Rate"). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 1st day of each month, with the first interest payment due December 1, 2018.

Appears in 1 contract

Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.)

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st day of each monthat such times and in such amounts as set forth in Schedule A hereto.

Appears in 1 contract

Samples: Purchase Agreement (Twinlab Consolidated Holdings, Inc.)

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the "Interest Rate"). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 1st day of each month, with the first interest payment due September 1, 2018.

Appears in 1 contract

Samples: Subordination Agreement (Twinlab Consolidated Holdings, Inc.)

Payment of Principal and Accrued Interest. a. Interest shall accrue on the outstanding principal amount of this Note at eight and one-half percent (8.5%) per annum (the “Interest Rate”). Interest shall be computed hereunder based on a 360-day year. Interest shall be payable monthly on the 21st 5th day of each month, with the first interest payment due August 5th, 2016.

Appears in 1 contract

Samples: Twinlab Consolidated Holdings, Inc.

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