Example ContractsClausesCommon Interest
Common Interest
Common Interest contract clause examples

Interest. The Companies agree to pay to the Lender interest on the outstanding amount of the Facility at the rate of 1.5% per month (18% per annum).

Interest. No interest shall accrue on the unpaid principal balance of this Note.

Interest. The Principal Amount shall bear interest at a per annum rate of five percent (5%) from this date until paid.

The Principal Amount of this Note shall incur interest beginning on the Maturity Date at the rate of two percent (2%), per annum, calculated daily, in arrears, based on a 365 day year, which shall be payable in cash upon demand.

The term “documents” includes any and all instruments, documents, agreements, certificates, indentures, notices and other writings, however evidenced.

Through the 5,003 Expansion Premises Commencement Date, shall continue to pay ’s Proportionate Share of Landlord’s Cost in accordance with the provisions of the Original Lease, specifically including, without limitation, the provisions of Paragraph 47 thereof.

As of April 6, 2020, there were 4,697,620,787 shares of Cosmos’s common stock issued and outstanding. The Acquisition Shares, when issued in connection with this Agreement and the other Transactional Agreements, will be duly authorized, validly issued, fully paid and nonassessable. Cosmos will take all reasonable efforts subsequent to the Closing to effect and amendment to its Articles of Incorporation, as amended, to effect an increase in its authorized shares of common stock to issue and deliver to the any portion of the Acquisition Shares not delivered at Closing to the .

COMMON SHARE ISSUANCE. Upon receipt by [[Organization B:Organization]] of a written request from [[Organization A:Organization]] to convert any amount due under any Note, subject to any limitations on conversion contained in any Note, [[Organization B:Organization]] shall have three (3) business days (“Delivery Date”) to issue the shares of Common Stock rightfully listed in such request. If [[Organization B:Organization]] fails to timely deliver the shares, [[Organization B:Organization]] shall pay to [[Organization A:Organization]] in immediately available funds $1,000 per day past the Delivery Date that the shares are actually issued. Any amounts due under this Section shall be paid by the fifth (5th) day of the month following the month in which they accrued or, at the option of [[Organization A:Organization]], may be added to the principal under any Note. [[Organization B:Organization]] agrees that the right to convert the Notes is a valuable right to [[Organization A:Organization]] and a material consideration of it entering this Note and the Loan Agreement. The parties agree that it would be impracticable and extremely difficult to ascertain the amount of actual damages caused by a failure of [[Organization B:Organization]] to timely deliver shares as required hereby. Therefore, the parties agree that the foregoing liquidated damages provision represents reasonable compensation for the loss which would be incurred by [[Organization A:Organization]] due to any such breach. The parties agree that this Section is not intended to in any way limit [[Organization A:Organization]]’s right to pursue other remedies, including actual damages and/or equitable relief.

Repairs, replacements, and general maintenance of and for the Building and Project and public and common areas and facilities of and comprising the Building and Project, including, but not limited to, the roof and roof membrane, elevators, mechanical rooms, alarm systems, pest extermination, landscaped areas, parking and service areas, driveways, sidewalks, truck staging areas, rail spur areas, fire sprinkler systems, sanitary and storm sewer lines, utility services, heating/ventilation/air conditioning systems, electrical, mechanical or other systems, telephone equipment and wiring servicing, plumbing, lighting, and any other items or areas which affect the operation or appearance of the Building or Project, which determination shall be at Landlord’s discretion, except for: those items to the extent paid for by the proceeds of insurance; and those items attributable solely or jointly to specific tenants of the Building or Project.

Common Facilities Agreements. The parties have agreed to amend certain of the Common Facilities Agreements, as follows:

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