Common use of Accrued Yield Clause in Contracts

Accrued Yield. on the Lessor Investments (other than Accrued Construction Term Yield) shall be payable on the last day of each Yield period therefor and on the Maturity Date.

Appears in 1 contract

Sources: Investment and Participation Agreement (Us Xpress Enterprises Inc)

Accrued Yield. on the Lessor Investments (other than Accrued Construction Term Yield) shall be payable on the last day of each Yield period Period therefor and on the Maturity Date. Yield payable at the Default Rate shall be payable from time to time on demand.

Appears in 1 contract

Sources: Investment and Participation Agreement (Protective Life Insurance Co)

Accrued Yield. on the Lessor Investments (other than Accrued Construction Term Yield) shall be payable on the last day of each Yield period Period therefor (subject to the provisions of Sections 2.01(d) and 3.03(a) with respect to Yield accruing during the Construction Term) and on the Maturity Date. Yield payable at the Default Rate shall be payable from time to time on demand.

Appears in 1 contract

Sources: Investment and Participation Agreement (Protective Life Corp)