Common use of Advances/Reimbursements Clause in Contracts

Advances/Reimbursements. All amounts due to Lender as a result of expenditures made by Lender or losses suffered by Lender shall bear interest at the highest default rate as provided under the Note, or as otherwise provided in this Agreement, from the date demanded until paid in full. Unless otherwise specified in the Loan Documents, such advances and other sums, together with accrued interest, shall be due and payable from Borrower upon demand.

Appears in 3 contracts

Samples: Term Loan Agreement (Aemetis, Inc), Construction Loan Agreement (Aemetis, Inc), Loan Agreement (Dixie Group Inc)

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Advances/Reimbursements. All amounts due to Lender as a result of expenditures made by Lender or losses suffered by Lender shall bear interest at the highest default rate as provided under the NoteNotes, or as otherwise provided in this Agreement, from the date demanded until paid in full. Unless otherwise specified in the Loan Documents, such advances and other sums, together with accrued interest, shall be due and payable from Borrower upon demand.

Appears in 1 contract

Samples: Construction & Term Loan Agreement (Aemetis, Inc)

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