Interest on the Loan. Interest on the Loan, at the rate specified in the Note, shall be computed on the unpaid principal balance which exists from time to time from the date of the Note.
Appears in 2 contracts
Samples: Loan Agreement (Cross Border Resources, Inc.), Loan Agreement (Cross Border Resources, Inc.)
Interest on the Loan. Interest on the Loan, at the rate rates specified in the Note, shall be computed on the unpaid principal balance which that exists from time to time and shall be computed with respect to each Advance only from the date of such Advance (as to the Noteportion of each Advance not constituting a portion of Borrower’s Deposit).
Appears in 2 contracts
Samples: Secured Construction Loan Agreement (Campus Crest Communities, Inc.), Disbursement Agreement (Campus Crest Communities, Inc.)
Interest on the Loan. Interest on the LoanLoans, at the rate rates specified in the NoteNotes, shall be computed on the unpaid principal balance which exists from time to time from the date of and due and payable as set forth in the Note.
Appears in 2 contracts
Samples: Loan Agreement (Lucas Energy, Inc.), Loan Agreement (Lucas Energy, Inc.)
