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Interest on Advances
Sample Clauses
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Interest on Advances
. Each
Borrower shall
pay
interest on the
unpaid principal amount
of
each Advance
made to such Borrower by
each Bank
from the
date of
such Advance until such principal amount shall be
paid in full
, at the following rates
per annum
:
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Interest on Advances
.
The Company shall
pay
interest on the
unpaid principal amount
of
each Advance
, from the
date of
such Advance until such principal amount shall be
paid in full
, at the following rates
per annum
:
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Interest on Advances
. Interest shall accrue from the
date of
each Advance
under
the Line of Credit
at one of the following rates, as quoted
by the Bank
and as elected
by the Borrower
below:
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Interest on Advances
. (1)
The Borrowers
shall pay
interest on the
unpaid principal amount
of
each Advance
to it from the
date of
such Advance (or
conversion of
another
Type of Advance
into such Advance) until the date on which
the principal amount
of
the Advance
is repaid in full (or is converted into another Type of Advance or
Type of Accommodation
) at the following rates
per annum
:
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Interest on Advances
. The Borrower or
Borrowing Subsidiary
, as
the case
may be, shall pay
interest on the
unpaid principal amount
of
each Advance
made by
each Lender
to the Borrower
or Borrowing Subsidiary, as the case may be, from the
date of
such Advance until such principal amount shall be
paid in full
, at the following rates
per annum
:
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Interest on Advances
. 3.1
Each Advance
shall bear interest at a rate
per annum
equal to
the
relevant Interest Rate
,
with interest
calculated on the
basis of
a year
of 360 days, calculated daily on the
outstanding balance
of
the Advance
.
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Interest on Advances
. The
Account Party
shall pay
interest on the
unpaid principal amount
of
each Advance
from the
date of
such Advance until such principal amount is
paid in full
at the
applicable rate
set forth below:
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Interest on Advances
. Wherever, under
the provisions of this
Mortgage or by law, Mortgagee is entitled to interest on advances made or
expenses incurred
, such interest shall be computed at a rate
per annum
which shall be
the interest rate
payable under
the Note
.
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Interest on Advances
.
The Borrower shall
pay to
the Lender
on the first banking
day of
each
calendar month
(the "
Interest Payment Dates
"), the first such date falling on
October 1
, 2000,
Interest on the
unpaid principal amount
of
each Advance
made to it from the
date of
such Advance in Euros, until such principal amount shall be repaid in full, at
the Interest Rate
. Interest shall accrue from day to day and shall be compounded
monthly in arrears
.
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Interest on Advances
. 17 SECTION 2.06.
Additional Interest on Eurodollar Rate Advances
......................................... 18 SECTION 2.07.
Repayment and Prepayment of Advances
.................................................... 18 SECTION 2.08.
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