Rate, Fees Sample Clauses
Rate, Fees. Borrower shall compensate Lender with interest paid monthly, in the amount of 1% per month, in addition to administrative fees paid monthly, in the amount of 1% per month. Lender hereby grants to Borrower the right to pay interest and fees in registered common shares of the Borrower's stock, valued at $.80 per share, with said shares to be issued within thirty (30) days of payoff of the note. Lender will permit Borrower to pay interest and fees in Series B preferred shares, convertible to common shares at the exchange rate of 100 shares of common stock for every share of Series B preferred stock. Such Series B preferred shares will be adjusted upward to yield 20% more shares of common stock, should Borrower be unable to provide registered shares in its place. Lender will permit borrower to convert the note prior to its maturity date, provided that the number of such shares paid for interest and fees will assume the note was held to maturity.
Rate, Fees. Borrower shall compensate Lender with interest paid monthly, in the amount of 1% per month, in addition to administrative fees paid monthly, in the amount of 1% per month. All interest and fees as computed hereunder shall be due by the tenth calendar day of each month, for the prior month. Lender may also grant to Borrower the right to pay interest and fees in registered common shares of the Borrower's stock, valued at $.80 per share, with said shares to be issued within thirty (30) days of payoff of the note. Should Lender permit Borrower to pay interest and fees in registered common shares, prior to maturity of the note, the number of such shares paid will assume the note was held to maturity.
Rate, Fees. Commencing August 1, 2000, for a four month period, Borrower shall compensate Lender with interest paid monthly, in the amount of 1% per month, in addition to administrative fees paid monthly, in the amount of 1% per month. All interest and fees as computed hereunder shall be due by the tenth calendar day of each month, for the prior month. ▇▇▇▇▇▇ agrees to accept interest and fees in registered shares of common stock of the Borrower, valued at $.50 per share. ▇▇▇▇▇▇▇▇ agrees to pay ▇▇▇▇▇▇ in said stock for the four month loan period, without consideration of the date of equity conversion of the principal loan prior to the loan termination date.
Rate, Fees. Borrower shall compensate Lender with interest paid monthly, in the amount of 1% per month, in addition to administrative fees paid monthly, in the amount of 1% per month. ▇▇▇▇▇▇ agrees to accept interest and fees in registered common shares of the Borrower's stock, valued at $.80 per share. ▇▇▇▇▇▇▇▇ agrees to pay ▇▇▇▇▇▇ in said stock for the six month loan period, without consideration of the date of equity conversion of the loan principal, if paid prior to the loan termination date.
Rate, Fees. Borrower shall compensate Lender with interest paid monthly, in the amount of 1% per month, in addition to administrative fees paid monthly, in the amount of 1% per month. Lender hereby grants to Borrower the right to pay interest and fees in registered common shares of the Borrower's stock, valued at $.80 per share, with said shares to be issued within thirty (30) days of payoff of the note. Lender will permit Borrower to pay interest and fees in registered common shares, prior to maturity of the note, the number of such shares paid will assume the note was held to maturity.
Rate, Fees. Penalties, and Charges Consultation. The City agrees to consult with the Town about rates (1) prior to any increase in rates, fees, penalties, or charges; and (2) at least once annually. During that consultation, the Town shall have the option to pay to ▇▇▇▇▇▇▇, as by law provided, the costs associated with capital improvements, maintenance, operations, or any other Town Utility System needs that would otherwise require an increase to rates, charges, and fees.