Margin Interest. The Borrower shall pay the Lender Margin Interest at the rate specified in clause 1.1. Margin Interest is paid in the same month as Loan Principal Amount is repaid. In the case Loan Principal ▇▇▇▇▇▇ is repaid in more than one month (including, but not limited to, in the case of a loan extension per clause 4.7), Margin Interest is paid proportionally to the share of Loan Principal repaid in each given month.
Appears in 4 contracts
Sources: Loan Severance Agreement, Assignment Agreement, Assignment Agreement