Common use of Interim payment Clause in Contracts

Interim payment. In the event an Advance is made on any day other than the first Business Day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.

Appears in 10 contracts

Samples: Loan and Security Agreement (Aerohive Networks, Inc), Loan and Security Agreement (ECPM Holdings, LLC), Loan and Security Agreement (Tintri, Inc.)

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Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us Lenders on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.

Appears in 3 contracts

Samples: Loan and Security Agreement (Casper Sleep Inc.), Loan and Security Agreement (Casper Sleep Inc.), Loan and Security Agreement (Oaktree Acquisition Corp.)

Interim payment. In the event an Advance is made on any day other than the first Business Day business day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded. Any amounts that You repay on the Advances may not be re-borrowed.

Appears in 3 contracts

Samples: Loan and Security Agreement (Varonis Systems Inc), Plain English Equipment Loan and Security Agreement (RingCentral Inc), Loan and Security Agreement (RingCentral Inc)

Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded. Any amounts that You repay on the Advances may not be re-borrowed. Optional Interest-Only Periods – Part 1 Commitment Amount.

Appears in 2 contracts

Samples: And Security Agreement (Gevo, Inc.), And Security Agreement (Gevo, Inc.)

Interim payment. In the event an Advance is made on any day other than the first Business Day of the month, You shall make a payment to Us in accordance with Our Pro Rata Share on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.

Appears in 2 contracts

Samples: Loan and Security Agreement (ForgeRock, Inc.), Loan and Security Agreement (ForgeRock, Inc.)

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Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded. Any amounts that You repay on the Advances may not be re-borrowed.

Appears in 1 contract

Samples: Loan and Security Agreement (Gevo, Inc.)

Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.. Any amounts that You repay on the Advances may not be re-borrowed. Gevo_0467-GC 8

Appears in 1 contract

Samples: Loan and Security Agreement (Gevo, Inc.)

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