PER ANNUM Sample Clauses

PER ANNUM. (b) In the event of Executive's death or permanent and total disability (within the meaning of Section 22(e)(3) of the Internal Revenue Code of 1986, as amended and in effect and interpreted as of the date of this Agreement) at any time within the 24-month period immediately following a Change in Control and prior to any termination of Executive's employment, Executive or Executive's Successors shall be entitled to all of the benefits of Executive provided under this Agreement as if Executive had voluntarily terminated his employment with Sensormatic (but without giving effect to Section 4 hereof or to the loss of benefits upon voluntary termination under Section 6(e)(i) hereof), including, without limitation, those set forth in Section 6(c) hereof.
PER ANNUM. Any deposits or other sums at any time credited by or due from the holder to any of the Borrowers, any endorser or guarantor hereof, may at all times be held and treated as collateral for the payment of this Note and any and all other liabilities (direct or indirect, absolute or contingent, sole, joint or several, secured or unsecured, due or to become due, now existing or hereafter arising) of any such maker to the holder. The holder may apply or set-off such deposits or other sums against such liabilities at any time in the case of any of the Borrowers but only with respect to matured liabilities in the case of endorsers and guarantors.
PER ANNUM. Letter Ratio of Credit Fee ----- ---------------- Less than 1.50:1 0.45% 1.50:1 or greater and less than 2.00:1 0.60% 2.00:1 or greater and less than 2.50:1 0.80% 2.50:1 or greater 0.9250%
PER ANNUM. [If applicable, insert -- The sinking fund for this series provides for ---------------------- the redemption on in each year beginning with the year ............ and ending with the year .......... of [if applicable, insert -- not less than ---------------------- $................. ("mandatory sinking fund") and not more than] $..................... aggregate principal amount of Securities of this series. Securities of this series acquired or redeemed by the Company otherwise than through [if applicable, insert -- mandatory] sinking fund ---------------------- payments may be credited against subsequent [if applicable, insert -- ---------------------- mandatory] sinking fund payments otherwise required to be made [if -- applicable, insert -- in the inverse order in which they become due].] ------------------- [If the Security is subject to redemption, insert -- In the event of -------------------------------------------------- redemption of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.] [If applicable, insert -- The Indenture contains provisions for defeasance --------------------- at any time of [the entire indebtedness of this Security] [or] [certain restrictive covenants and Events of Default with respect to this Security] [, in each case] upon compliance with certain conditions set forth in the Indenture.] [If the Security is not an Original Issue Discount Security, insert - If an -------------------------------------------------------------------- Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.] [If the Security is an Original Issue Discount Security, insert -- If an ---------------------------------------------------------------- Event of Default with respect to Securities of this series shall occur and be continuing, an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. Such amount shall be equal to --insert formula for determining the ---------------------------------- amount. Upon payment (i) of the amount of principal so declared due and payable -------- and (ii) of interest on any overdue principal, premium and interest...
PER ANNUM. FIFTH: If the BORROWER becomes delinquent, the applicable variable interest rate will be that resulting from adding THREE (3) PERCENTAGE POINTS to the interest rate in force during the default period, calculated as indicated above. SIXTH: The BORROWER expressly and irrevocably authorizes the BANK to charge or debit any account or deposit it maintains with that Banking Institution or the BORROWER's account with COMMERCEBANK, N.A., identified as No. [ ], all matured amounts owed in relation to the granting of this INTEREST BEARING LOAN, extinguishing BORROWER's payment obligation for the amounts due up to the amount charged or debited by the BANK either from the BANK or from the COMMERCEBANK, N.A., without it being understood that these charges give rise to novation of its obligations. SEVENTH: The BORROWER may make special repayments of the principal due, and the total prepayment of the entire INTEREST BEARING LOAN referred to herein, only at the times when quarterly principal installments must be paid and provided it gives notice thereof to the BANK at least THIRTY (30) consecutive days in advance of the date on which such repayment or total prepayment referred to above is to be made. EIGHTH: The BANK may consider any and all of the obligations which have been assumed by the BORROWER by virtue of this document due and, therefore, payment in full shall be forthwith due and payable in any of the following events: 1) Failure to pay when due any
PER ANNUM. If in any calendar year Lessee's share of Direct Expenses shall be less than the preceding year, then upon receipt of Lessor's statement, any over payment made by Lessee on the monthly installment basis provided above shall be credited toward the next monthly rent falling due and the estimated monthly installment of Direct Expenses to be paid shall be adjusted to reflect such lower Direct Expenses for the most recent year. CCA /s/ CCA ----------------- ----------------- Lessor's Initials Lessee's Initials
PER ANNUM. For the purposes of this agreement, "Bank", Note Holder", "Holder" and "
PER ANNUM. In no event shall interest (including any charge or fee held to be interest by a court of competent jurisdiction) accrue to be payable herein in excess of the highest contract rate allowable by law for the time such indebtedness shall be outstanding and unpaid, and if by reason of the acceleration of maturity of such indebtedness or for any other reason, interest in excess of the highest legal rate shall be due or paid, any such excess shall constitute and be treated as a payment on the principal hereof and shall operate to reduce such principal by the amount of such excess, or if in excess of the principal indebtedness such excess shall be paid or refunded to the Maker. All parties liable for the payment of this Note agree to pay the Holder hereof a reasonable attorneys' fee for the services of counsel employed after default or demand to collect this Note, or to protect or enforce the security thereof, whether or not suit be brought. Presentment, protest, notice of dishonor and notice of protest of this Note are hereby waived by all parties now or hereafter liable hereon, whether as makers, endorsers, or otherwise. This Note is secured by a Mortgage Deed recorded in Official Records Book 1923 at Page 2502 of the Public Records of Osceola County, together with a Construction Loan Agreement and Future Advance, Consolidation, Modification and Ratification of Note and Mortgage Agreement both of even date herewith . This Note and said Deed are being delivered in the State of Florida and shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the laws thereof. This Note is being delivered in the State of Florida and shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the laws thereof. All of the covenants, conditions, and agreements contained in the Mortgage and any other document evidencing the loan are hereby made a part of this instrument. Initials ________________ This Note may not be changed orally, but only by an agreement in writing and signed by the party against whom enforcement of any waiver, change, modification or discharge is sought. HOLDER AND MAKER SPECIFICALLY AGREE THAT THEY WAIVE ALL RIGHTS TO RELY ON OR ENFORCE ANY ORAL STATEMENTS MADE PRIOR TO OR SUBSEQUENT TO THE SIGNING OF THIS DOCUMENT. HOLDER AND MAKER HEREBY KNOWINGLY, VOLUNTARILY AND INTELLIGENTLY WAIVE THE RIGHT EITHER/ANY MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION BASED...
PER ANNUM. Effective on the first business day of the first calendar quarter after the date of this Note, and on the first business day of each succeeding calendar quarter, the rate of interest on this note will increase or decrease to a rate which is equal to the GREATER of ten percent (10%) per annum or one percent (1.0%) above the prime rate, as published in The Wall Street Journal, in effect on that date. Interest, throughout the term of this note shall be calculated on then basis of actual days elapsed divided by 360.
PER ANNUM. Escalation The per year fee escalation will be determined in accord with the provisions of section C of Attachment B, and as specified in each site specific agreement.