Interest Rate Election. All disbursements of Loan proceeds shall bear interest at the Note Rate, subject to the default interest provisions contained herein.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement (Interstate General Co L P)
Interest Rate Election. All disbursements of Loan proceeds shall bear interest at the Note Rate, subject to the default interest provisions contained herein.
Appears in 2 contracts
Sources: Loan Agreement, Loan Agreement (Interstate General Co L P)