Common use of Interest and Method of Payment thereof Clause in Contracts

Interest and Method of Payment thereof. (1) The Borrower shall pay interest to the Fund semi-annually at the rate of three percent (3%) per annum on the principal disbursed and outstanding.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Interest and Method of Payment thereof. (1) The Borrower shall pay interest to the Fund semi-annually at the rate of three percent (33.0%) per annum on the principal disbursed and outstanding.

Appears in 1 contract

Samples: www.jurisprudencia.gob.sv

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