Common use of Interest Distribution Dates Clause in Contracts

Interest Distribution Dates. Interest accrued on the Outstanding Loan Amount (including any previously accrued and unpaid Interest) shall be payable, without duplication: (a) on the Facility Termination Date; (b) on the date of any payment or prepayment, in whole or in part, of principal outstanding on such Loan; and (c) on each Distribution Date.

Appears in 3 contracts

Sources: Loan and Servicing Agreement (Antares Strategic Credit Fund), Loan and Servicing Agreement (Antares Strategic Credit Fund), Loan and Servicing Agreement (Antares Strategic Credit Fund)