Compounding of default interest. Any such interest which is not paid at the end of the period by reference to which it was determined shall thereupon be compounded.
Appears in 203 contracts
Samples: Loan Agreement (Danaos Corp), Loan Agreement (TBS International LTD), Loan Agreement (Crude Carriers Corp.)
Compounding of default interest. Any such interest which is not paid shall be compounded at the end of the period by reference to which it was determined shall thereupon be compoundedrelevant interest period.
Appears in 6 contracts
Samples: Agreement (Dynagas LNG Partners LP), Loan Agreement, Loan Agreement (Dynagas LNG Partners LP)
Compounding of default interest. Any such interest due under this Clause which is not paid at the end of the period by reference to which it was determined shall thereupon be compounded.
Appears in 4 contracts
Samples: Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD), Loan Agreement (B Plus H Ocean Carriers LTD)
Compounding of default interest. Any such interest which is not paid at the end of the period Interest Period by reference to which it was determined shall thereupon be compounded.
Appears in 4 contracts
Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (Cool Co Ltd.), Loan Agreement (Cool Co Ltd.)
Compounding of default interest. Any such interest which is not paid at the end of the period by reference to which it was determined shall thereupon be compounded.determined
Appears in 1 contract
