Common use of Interest Settlement Method Clause in Contracts

Interest Settlement Method. The Borrower shall settle interest using the following method (1): (1) Quarterly settlement: the 20th of the last month of each quarter is the settlement date, and the 21st is the interest payment date. (2) Monthly settlement: the 20th of each month is the settlement date, and the 21st is the interest payment date. If the last repayment date of the loan principal is not an interest payment date, the last repayment date of the loan principal shall be the interest payment date, and the Borrower shall pay all accrued interest.

Interest Settlement Method. The Borrower borrower shall settle the interest using in the following method manner (1): (1) Quarterly settlement: Interest shall be settled quarterly, with the 20th day of the last month end of each quarter is as the interest settlement date, date and the 21st is day as the interest payment date. (2) Monthly settlement: Interest shall be settled monthly, with the 20th day of each month is as the settlement date, date and the 21st is day as the interest coupon payment date. If the last repayment date of the loan principal is not an interest the Coupon payment date, the last repayment date of the loan principal shall be is the interest Coupon payment date, date and the Borrower borrower shall pay all accrued interestthe interest payable.

Interest Settlement Method. The Borrower shall will settle interest using the following method payment with clause (1):) of the following: (1) Quarterly settlement: Settle interest on quarter basis, the 20th of the last month of in each quarter is the as interest settlement date, and the 21st is the due date of interest payment datepayment. (2) Monthly settlement: Settle interest on monthly basis, the 20th of each month is the settlement date, and the 21st due date is the 21st. If the last payment date of loan capital is not the interest payment date. If , then the last repayment payment date of the loan principal is not an capital will be regard as the interest payment date, the last repayment date of the loan principal shall be the interest payment date, and the Borrower shall pay all accrued off any unpaid interest.