Common use of Home Loan Clause in Contracts

Home Loan. Subject to the provisions of subsection (c) below, simple interest will accrue on the outstanding principal balance of the HOME Loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursement.

Home Loan. Subject to the provisions of subsection Subsection (c) below, the HOME Loan bears simple interest will accrue on at a rate of three percent (3%) per annum from the outstanding date of disbursement until full repayment of the principal balance of the HOME Loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursementLoan.

Home Loan. Subject to the provisions of subsection (ce) below, simple interest will accrue on the outstanding principal balance of the HOME Loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursement.