Interest Due Date definition
Examples of Interest Due Date in a sentence
Unless otherwise hereafter directed in writing by MLBFS on or after the first to occur of the Maturity Date or the date of termination of the WCMA Line of Credit pursuant to the terms hereof, such interest will be automatically charged to the WCMA Account on the applicable Interest Due Date, and, to the extent not paid with free credit balances or the proceeds of sales of any Money Accounts then in the WCMA Account, as hereafter provided, paid by a WCMA Loan and added to the WCMA Loan Balance.
Unless otherwise hereafter directed in writing by MLBFS on or after the Termination Date, such interest will be automatically charged to the WCMA Account on the applicable Interest Due Date, and, to the extent not paid with free credit balances or the proceeds of sales of any Money Accounts then in the WCMA Account, as hereafter provided, such interest will be paid by a Subsequent WCMA Loan and added to the WCMA Loan Balance.
The Borrower shall pay interest on each Advance in arrears on each Interest Due Date in respect of such Advance.
The Aggregate Principal Amount of the Note or any unpaid Principal Amount may be so defeased, in whole or in part, as of any Interest Due Date, or any other Business Day acceptable to both HUD and the Borrower.
If the Venue Operator fails to pay on or before the last day of the third month after the final Deferred Payment Interest Due Date: the final interest payment accrued and payable in accordance with clause 5.1; and any interest accrued and payable in accordance with clause 5.2, then the Entitlement(s) described in 6.3(b) are forfeited to the State.