Initial Interest Rate. Interest on the outstanding principal balance of each Component of the Loan shall accrue from the Closing Date up to but excluding the Effective Maturity Date at the Initial Interest Rate.
Appears in 2 contracts
Samples: Loan Agreement (Host Marriott L P), Loan Agreement (Host Marriott Corp/)
Initial Interest Rate. Interest on the outstanding principal balance of each Component of the Loan shall accrue from the Closing Date up to but excluding the Effective Maturity Date at the Initial Interest Rate.
Appears in 1 contract
Initial Interest Rate. Interest on the outstanding principal balance of each Component of the Loan shall accrue from the Closing Date up to but excluding the Effective Maturity Date at the Initial Applicable Interest Rate.
Appears in 1 contract
Samples: Loan Agreement (Fairchild Corp)
