Simple Interest Rate. Except as otherwise provided in Section 4.2, the Loan shall bear simple interest at a rate of Twelve and one half (12.5%) per annum from time in effect. This Loan is the interest-only Loan.
Appears in 2 contracts
Samples: Loan Agreement (Helpful Alliance Co), Loan Agreement (Helpful Alliance Co)
Simple Interest Rate. Except as otherwise provided in Section 4.2, the Loan shall bear simple interest at a rate of Twelve and one half Fourteen (12.514%) per annum from time in effect. This Loan is the interest-only Loan.
Appears in 2 contracts
Samples: Loan Agreement (Helpful Alliance Co), Loan Extension Agreement (Helpful Alliance Co)