Common use of Interest Accrual Clause in Contracts

Interest Accrual. Interest on the outstanding principal balance of this Note shall accrue from the Disbursement Date at an annual rate equal to the Interest Rate calculated on an Actual/360 Basis.

Appears in 5 contracts

Samples: Leases and Security Agreement (Manufactured Home Communities Inc), Janus Hotels & Resorts Inc, Manufactured Home Communities Inc

AutoNDA by SimpleDocs

Interest Accrual. Interest on the outstanding principal balance of this Note shall accrue from the Disbursement Date at an annual rate equal to the Interest Note Rate calculated on an Actual/360 Basis.

Appears in 5 contracts

Samples: Cole Credit Property Trust III, Inc., Cole Credit Property Trust III, Inc., Cole Credit Property Trust III, Inc.

AutoNDA by SimpleDocs

Interest Accrual. Interest on the outstanding principal balance of this the Note shall accrue from the Disbursement Date at an annual rate equal to the Interest Note Rate calculated on an Actual/360 Basis.

Appears in 3 contracts

Samples: Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Industrial Income Trust Inc.), Loan Agreement (Dividend Capital Total Realty Trust Inc.)

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