Common use of Ascertaining Limits Clause in Contracts

Ascertaining Limits. For the purposes of ascertaining whether the limit of the principal intended to be hereby secured under the STL Facility has been exceeded or not, all accumulated and capitalised interest shall be deemed to be interest and not principal sum.

Ascertaining Limits. For the purposes purpose of ascertaining whether the limit of the principal intended to be hereby secured under the STL Facility has been exceeded or not, all accumulated and capitalised interest shall be deemed to be interest and not the principal sumamount.