Payments Before Due Date. Any regularly scheduled monthly installment of principal and interest that is received by Lender before the date it is due shall be deemed to have been received on the due date solely for the purpose of calculating interest due.
Appears in 13 contracts
Samples: And Security Agreement (Clipper Realty Inc.), Master Credit Facility Agreement (Archstone Inc.), Master Credit Facility Agreement (Archstone Smith Operating Trust)
Payments Before Due Date. Any regularly scheduled monthly installment of principal and interest that is received by Lender before the date it is due shall be deemed to have been received on the due date solely for the purpose of calculating interest due.
Appears in 5 contracts
Samples: Purchase Money Note (Steadfast Income REIT, Inc.), Master Credit Facility Agreement (Colonial Properties Trust), Master Credit Facility Agreement (Archstone Smith Operating Trust)
