Common use of Interest on Credit Advances Clause in Contracts

Interest on Credit Advances. Accrued but unpaid interest on any outstanding Credit Advances from the date such Credit Advance was made by Xxxxxxx Mac to the date on which the Credit Advance is reimbursed at the Default Rate; provided, however, that interest on a Credit Advance that funded a Bond Purchase Loan pursuant to Section 7.3 shall be accrued in accordance with the provisions thereof.

Appears in 3 contracts

Samples: Pledge and Security Agreement (America First Multifamily Investors, L.P.), Pledge and Security Agreement (America First Multifamily Investors, L.P.), Pledge and Security Agreement (America First Multifamily Investors, L.P.)

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Interest on Credit Advances. Accrued but unpaid interest on any outstanding Credit Advances from the date such Credit Advance was made by Xxxxxxx Fxxxxxx Mac to the date on which the Credit Advance is reimbursed at the Default Rate; provided, however, that interest on a Credit Advance that funded a Bond Purchase Loan pursuant to Section 7.3 shall be accrued in accordance with the provisions thereof.

Appears in 2 contracts

Samples: Pledge and Security Agreement (America First Multifamily Investors, L.P.), Pledge and Security Agreement (America First Tax Exempt Investors Lp)

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Interest on Credit Advances. Accrued but unpaid interest on any outstanding Credit Advances from the date such Credit Advance was made by Xxxxxxx Freddie Mac to the date on which the Credit Advance is reimbursed at the Default Liquidity Rate; provided, however, that interest on a Credit Advance that funded a Bond Purchase Loan pursuant to Section 7.3 shall be accrued in accordance with the provisions thereof.

Appears in 2 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Centerline Holding Co)

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