Common use of Late Fee Clause in Contracts

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 217 contracts

Samples: Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (NextPlat Corp), Securities Purchase Agreement (Progressive Care Inc.)

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Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 26 contracts

Samples: Security Agreement (Giga Tronics Inc), Security Agreement (Giga Tronics Inc), Giga Tronics Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1815% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 17 contracts

Samples: Qualigen Therapeutics, Inc., MDNA Life Sciences, Inc., Madison Technologies Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the "Late Fees") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 13 contracts

Samples: Securities Purchase Agreement (Nac Global Technologies, Inc.), Cardiff International Inc, Greenhouse Solutions, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1817% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 11 contracts

Samples: Drinks Americas Holdings, LTD, Drinks Americas Holdings, LTD, Drinks Americas Holdings, LTD

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 11 contracts

Samples: Avant Diagnostics, Inc, Avant Diagnostics, Inc, Avant Diagnostics, Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1814% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 11 contracts

Samples: Bridgeline Digital, Inc., Bridgeline Digital, Inc., Bridgeline Digital, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1817% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 11 contracts

Samples: Waste2Energy Holdings, Inc., American Scientific Resources Inc, American Scientific Resources Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 10 contracts

Samples: Amendment Agreement (Etelos, Inc.), 180 Connect Inc., Technoconcepts, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 9 contracts

Samples: Western Power & Equipment Corp, Rapid Link Inc, Intrac Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1816% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 9 contracts

Samples: PLC Systems Inc, PLC Systems Inc, PLC Systems Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 8 contracts

Samples: Securities Purchase Agreement (Silverstar Holdings LTD), Silverstar Holdings LTD, New Harvest Capital Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1810% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 8 contracts

Samples: Slinger Bag Inc., Vaccinex, Inc., Vaccinex, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% fifteen percent (15%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 7 contracts

Samples: xG TECHNOLOGY, INC., xG TECHNOLOGY, INC., Intercloud Systems, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 7 contracts

Samples: Ecotality, Inc., Visual Management Systems Inc, uVuMobile, Inc

Late Fee. All Subject to Section 6(b) of this Debenture, all overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 7 contracts

Samples: PF Hospitality Group, Inc., PF Hospitality Group, Inc., Vapor Corp.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 7 contracts

Samples: Mitesco, Inc., Mitesco, Inc., Mitesco, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1820% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 6 contracts

Samples: U.S. Aerospace, Inc., U.S. Aerospace, Inc., U.S. Aerospace, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twenty-four percent (24%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 6 contracts

Samples: POSITIVEID Corp, POSITIVEID Corp, POSITIVEID Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Hartville Group Inc), Knobias, Inc., MCF Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1824% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 6 contracts

Samples: Grow Solutions Holdings, Inc., Growlife, Inc., Epic Stores Corp.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 188% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Premier Biomedical Inc), Securities Purchase Agreement (Premier Biomedical Inc), Premier Biomedical Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1820% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 5 contracts

Samples: Knobias, Inc., Knobias, Inc., Knobias, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail entail, after the occurrence or continuance of an uncured Event of Default, a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 5 contracts

Samples: GlyEco, Inc., GlyEco, Inc., GlyEco, Inc.

Late Fee. All overdue accrued and unpaid principal and interest to be paid hereunder shall shall, if not paid within three (3) business days following the applicable due date, entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 5 contracts

Samples: Viking Energy Group, Inc., Camber Energy, Inc., Camber Energy, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “"Late Fees") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 5 contracts

Samples: Amendment Agreement (Telanetix,Inc), Analytical Surveys Inc, Analytical Surveys Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twelve and one-half percent (12.5%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 4 contracts

Samples: American Noble Gas, Inc., Infinity Energy Resources, Inc, Digital Ally Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail be subject to a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 4 contracts

Samples: Net TALK.COM, Inc., Net TALK.COM, Inc., Net TALK.COM, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 4 contracts

Samples: Cybra Corp, PERF Go-Green Holdings, Inc, Preferred Voice Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1810.00% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee) ), which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment and shall be in fulllieu of interest rate set forth in this Section 2.

Appears in 4 contracts

Samples: Securities Purchase Agreement (Cyberdefender Corp), Cyberdefender Corp, Cyberdefender Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 4 contracts

Samples: Cybra Corp, Cybra Corp, Vistula Communications Services, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 4 contracts

Samples: Uppercut Brands, Inc., Creative Medical Technology Holdings, Inc., Creative Medical Technology Holdings, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1814% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 4 contracts

Samples: Convertible Secured Debenture Agreement (Moventis Capital, Inc.), Pet Airways Inc., American Antiquities, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 3 contracts

Samples: Silverstar Holdings LTD, Silverstar Holdings LTD, Intraop Medical Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law or regulation) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 3 contracts

Samples: Uni-Pixel, Uni-Pixel, Zone Mining LTD

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 3 contracts

Samples: CrowdGather, Inc., CrowdGather, Inc., CrowdGather, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail and accrue a late fee and compound at an interest the rate equal to the lesser of 185% per annum month (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 2 contracts

Samples: Practicexpert Inc, Practicexpert Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law Law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: Exchange Agreement (Blue Calypso, Inc.), Blue Calypso, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 2 contracts

Samples: Advanced Cell Technology, Inc., Advanced Cell Technology, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1824% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 2 contracts

Samples: Oncolix, Inc., Advanced Environmental Petroleum Producers Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1824% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from commencing three (3) Trading Days after the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: CLS Holdings USA, Inc., CLS Holdings USA, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1818.0% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Mullen Automotive Inc.), Enzo Biochem Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law Maximum Rate (the “Late Fees”) ), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: Subordination Agreement (Staffing 360 Solutions, Inc.), Content Checked Holdings, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. If any Interest Conversion Shares are issued to the Holder, but are not applied against an Interest Share Amount, then the Holder shall promptly return such excess shares to the Company.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Concentric Energy Corp), Concentric Energy Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) ), whichever is less, which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: Novelos Therapeutics, Inc., Cellectar Biosciences, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEES") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in full.of

Appears in 2 contracts

Samples: Registration Rights Agreement (Tarrant Apparel Group), Tarrant Apparel Group

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEE") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 2 contracts

Samples: Able Energy Inc, Able Energy Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full...

Appears in 2 contracts

Samples: C-Bond Systems, Inc, C-Bond Systems, Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1816% per annum or the maximum rate permitted by applicable law (the “Late FeesDefault Rate”) which shall accrue daily from the fifth Trading Day following the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tanzanian Royalty Exploration Corp), Tanzanian Royalty Exploration Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.. EXECUTION VERSION

Appears in 2 contracts

Samples: AMEDICA Corp, AMEDICA Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1820% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 2 contracts

Samples: Ascent Solar Technologies, Inc., Snap Interactive, Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 2 contracts

Samples: New Frontier Energy Inc, New Frontier Energy Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 188.00% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: Cyberdefender Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. If any Interest Conversion Shares are issued to the Holder in connection with an Interest Payment Date and are not applied against an Interest Share Amount, then the Holder shall promptly return such excess shares to the Company.

Appears in 1 contract

Samples: Chalk Media Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal fee, in addition to the lesser interest due and payable hereunder, at the rate of 1810.50% per annum on the outstanding interest amount (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily on the basis of a 360 day year and for the actual number of days elapsed, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: DSL Net Inc

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Late Fee. All overdue accrued and unpaid interest Principal Installment Payments to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Orbital Tracking Corp.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twelve percent (12%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Appliance Recycling Centers of America Inc /Mn

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 188% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. All interest paid hereunder in shares of Common Stock will be deemed timely paid provided such shares are issued in accordance with Section 4(c)(ii).

Appears in 1 contract

Samples: Targeted Medical Pharma, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. Such Late Fee shall include any interest due and owing hereunder and shall include any other interest otherwise owed and not be in addition to any other interest otherwise owed.

Appears in 1 contract

Samples: Agriforce Growing Systems Ltd.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1815% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: Medialink Worldwide Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1820% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Jesup & Lamont, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1812% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Mitek Systems Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 186% per annum in excess of the Debenture Interest Rate or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Saint James CO

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the "Late Fees") which shall accrue daily from the date such interest is due hereunder through and including 12hall be affected by notice to the date of actual payment in fullcontrary.

Appears in 1 contract

Samples: Stevia Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”"LATE FEES") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Armor Electric, Inc.

Late Fee. All overdue accrued and unpaid interest amounts to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: NovaBay Pharmaceuticals, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% twelve percent (12%) per annum or the maximum rate permitted by applicable law (the "Late Fees") which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Wearable Health Solutions, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “"Late Fees") which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Wifimed Holdings Company, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1810% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: China Water & Drinks Inc..

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment. .

Appears in 1 contract

Samples: Vistula Communications Services Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder after the date of maturity shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Heritage Distilling Holding Company, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1822% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Dethrone Royalty Holdings, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% eight percent (8%) per annum or the maximum rate permitted by applicable law (the “Late Fees”) which that shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Wearable Health Solutions, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1810.50% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee) ), which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment and shall be in fulllieu of interest rate set forth in this Section 2.

Appears in 1 contract

Samples: Cyberdefender Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1824% per annum or the maximum rate permitted by applicable law (the “Late FeesDefault Rate”) which shall accrue daily from the fifth Trading Day following the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: InspireMD, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1815% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Sona Mobile Holdings Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 189% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Mobiquity Technologies, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full. If any Interest Conversion Shares are issued to the Holder in connection with an Interest Payment Date and are not applied against an Interest Share Amount, then the Holder shall promptly return such excess shares to the Company.

Appears in 1 contract

Samples: Arno Therapeutics, Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1810.00% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late FeesFee”) which shall will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: Cyberdefender Corp

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”"LATE FEES") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment. Upon and after an Event of Default hereunder, interest hereunder shall accrue at the rate of 18% per annum (or such lower maximum amount of interest permitted to be charged under applicable law).

Appears in 1 contract

Samples: Environmental Service Professionals, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 18% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall that will accrue daily from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: Relationserve Media Inc

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of eighteen percent (18% %) per annum or the maximum rate permitted by applicable law (the “Late Fees”) ), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: THC Therapeutics, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) ), which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Luxurban Hotels Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail be subject to a late fee at an interest rate equal to the lesser of 18% per annum or in lieu of the maximum rate permitted by applicable law interest referenced in Section 2(a) (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Airbee Wireless, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 1814% per annum or the maximum rate permitted by applicable law (the “Late FeesFee”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: NewBridge Global Ventures, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) annum, which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Pegasi Energy Resources Corporation.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily {00757963.DOCX;3 } from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Force Protection Video Equipment Corp.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law law) (the “Late Fees”) which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: Almadoro Minerals Corp.

Late Fee. All overdue accrued and unpaid principal and interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Mount TAM Biotechnologies, Inc.

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest rate equal to the lesser of 184% per annum or the maximum rate permitted by applicable law (the “Late Fees”) which shall accrue daily from the date such interest is due hereunder through and including the date of actual payment in full.

Appears in 1 contract

Samples: Calm Waters Partnership

Late Fee. All overdue accrued and unpaid interest to be paid hereunder shall entail a late fee at an interest the rate equal to the lesser of 1812% per annum (or the such lower maximum rate amount of interest permitted by to be charged under applicable law or regulation) (the “"Late Fees”Fee") which shall will accrue daily daily, from the date such interest is due hereunder through and including the date of actual payment in fullpayment.

Appears in 1 contract

Samples: Convertible Debenture (Rego Payment Architectures, Inc.)

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