Accrued Interest Payment Sample Clauses
Accrued Interest Payment. If -------------------------- Borrower fails to pay all accrued interest on the Loan within 10 days after the monthly due date set forth in the Note, whether due to inadequate cash flow of any Facility or otherwise, Lender may, at its option, advance Loan proceeds to pay the accrued interest.
Accrued Interest Payment. At Lender's option, Lender may advance Loan proceeds to pay the accrued interest on the Loan.
Accrued Interest Payment. If the member has received forbearance on a qualified student loan during the term of service, on the basis of their AmeriCorps service, the National Service Trust will repay a portion or all of the interest that accrued on the loan during the term of service; the repayment is taxable. The member is responsible for submitting their own loan forbearance and/or interest accrual forms to the National Service Trust.
Accrued Interest Payment. On February 1, 2013 the Company shall pay to the holders of the Series A Notes $2,309,041.67 allocated on a pro rata basis based upon the outstanding principal amounts of Series A Notes held at Closing by each holder of Series A Notes representing accrued interest on the Original Notes for the period from August 24, 2012 through and including January 24, 2013.