Common use of Applicable Interest Rate Clause in Contracts

Applicable Interest Rate. Except as herein provided with respect to interest accruing at the Default Rate, interest on the principal balance of the Loan outstanding from time to time shall accrue from (and including) the Closing Date up to and including the end of the last Interest Period at the Applicable Interest Rate.

Appears in 7 contracts

Samples: Mezzanine Loan Agreement (Hersha Hospitality Trust), Loan Agreement (Hersha Hospitality Trust), Loan Agreement (Morgans Hotel Group Co.)

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Applicable Interest Rate. Except as herein provided with respect to interest accruing at the Default Rate, interest on the principal balance of the Loan outstanding from time to time shall accrue from (and including) the Closing Date up to and including to, but excluding, the end of the last Interest Period Maturity Date at the Applicable Interest Rate.

Appears in 5 contracts

Samples: Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust), Loan Agreement (Americold Realty Trust)

Applicable Interest Rate. Except as herein provided with respect to interest accruing at the Default Rate, interest on the outstanding principal balance of the Loan outstanding from time to time shall accrue from (and including) the Closing Date up to and including the end of the last Interest Period Maturity Date at the Applicable Interest Rate.

Appears in 2 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc)

Applicable Interest Rate. Except as herein provided with respect to interest accruing at the Default Rate, interest on the principal balance of the Loan outstanding from time to time shall accrue from (and including) the Closing Date up to and including the end of the last Interest Period Maturity Date at the Applicable Interest Rate.

Appears in 1 contract

Samples: Loan Agreement (Ps Business Parks Inc/Ca)

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Applicable Interest Rate. Except as herein provided with respect to interest accruing at the Default Rate, (i) interest on the principal balance of the Loan outstanding from time to time shall accrue from (and including) the Closing Date through (through but not including) the Supplemental Closing Date at the Applicable Interest Rate set forth in the Original Loan Agreement, and (ii) interest on the principal balance of the Loan outstanding from time to time shall accrue from (and including) the Supplemental Closing Date up to and including the end of the last Interest Period at the Applicable Interest RateRate as set forth herein.

Appears in 1 contract

Samples: Loan Agreement (Telx Group, Inc.)

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