Common use of Note Rate Clause in Contracts

Note Rate. The outstanding principal balance of the Term Loan, together with any collection costs, attorney's fees, and other advances made by Lender under the Term Loan, will accrue monthly interest calculated at the Reference Borrowing Rate.

Appears in 1 contract

Sources: Credit Facility and Term Loan Agreement (Urban Improvement Fund LTD 1974)

Note Rate. The outstanding principal balance of the Term Loan, together with any collection costs, attorney's fees, and other advances made by Lender under the Term Loan, will accrue monthly interest calculated at the Reference Borrowing Rate.

Appears in 1 contract

Sources: Credit Facility and Term Loan Agreement (Urban Improvement Fund LTD 1974)