Common use of Interest on Prepaid Advances Clause in Contracts

Interest on Prepaid Advances. The Borrower shall pay all accrued and unpaid Interest on the Advances that are prepaid on the date of such prepayment.

Appears in 6 contracts

Samples: Credit and Security Agreement (Sezzle Inc.), Credit and Security Agreement (Sezzle Inc.), Credit and Security Agreement (Sezzle Inc.)

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Interest on Prepaid Advances. The Borrower shall pay all accrued and unpaid Interest on the Advances that are (or portion thereof) prepaid on the date of such prepayment.

Appears in 2 contracts

Samples: Credit and Security Agreement (Upstart Holdings, Inc.), Revolving Credit and Security Agreement (Upstart Holdings, Inc.)

Interest on Prepaid Advances. The Borrower shall pay all accrued and unpaid Interest on the Advances that are prepaid on the next Payment Date; provided, however, that in the case of a prepayment of all of the outstanding principal amount of Advances on any date, the Borrower shall pay all accrued and unpaid Interest on the date of such prepayment.

Appears in 2 contracts

Samples: Credit and Security Agreement (BILL Holdings, Inc.), Credit and Security Agreement (Bill.com Holdings, Inc.)

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Interest on Prepaid Advances. The Borrower shall pay all accrued and unpaid Interest interest on the Advances that are prepaid on the date of such prepayment.

Appears in 1 contract

Samples: Credit and Security Agreement (Sezzle Inc.)

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