Common use of Construction Loan Interest Clause in Contracts

Construction Loan Interest. Borrower shall pay interest on the unpaid principal amount of each Construction Loan from the date of such Construction Loan until the maturity or prepayment thereof at the following rates per annum:

Appears in 3 contracts

Samples: Security Agreement (Calpine Corp), Credit Agreement (Calpine Corp), Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs

Construction Loan Interest. Subject to Section 2.6.3, Borrower shall pay interest on the unpaid principal amount of each Construction Loan from the date of Borrowing of such Construction Loan until the maturity or prepayment thereof at the following rates per annum:

Appears in 1 contract

Samples: Credit Agreement (Calpine Corp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.