Late Charge

Late Charge. Any amount of Principal or other amounts due under this Note or any of the Transaction Documents which is not paid on date such payment is due and not cured within five (5) Business Days, shall result in a late charge being incurred and payable by the Issuer in an amount equal to 10% of the amount of such late payment, to be added to the Principal of this Note and accrue Interest at the Default Rate until paid in full

Late Charge. Means twenty four (24%) percent per annum, but in no event in excess of the maximum interest rate permitted by law, calculated based on a 360 day year for the actual number of days elapsed.

Late Charge. The Late Charge as defined in Paragraph 6(c).

Late Charge. Any amount of Principal or other amounts due under the Transaction Documents which is not paid on the Maturity Date, which shall result in a late charge being incurred and payable by the Company in an amount equal $200,000, to be added to the principal of this Note; further, for every three months that the Company fails to pay the amount due under the Note, the Company will incur an additional Late Charge of $200,000 but provided, further, that if the Company has at any applicable time paid any... Optional Prepayment Amount, the Late Charge will be reduced by the same percentage as the Optional Prepayment Amount has reduced the Principal and accrued interest due under this Note View More

Late Charge. Means any amount of Principal or other amounts due under the Transaction Documents which is not paid when due which shall result in a late charge being incurred and payable by the Company in an amount equal to interest on such amount at the rate of 18% per annum from the date such amount was due until the same is paid in full.