Application of Payments to Principal and Interest. All payments in respect of the Principal Debt of any Loan shall include payment of accrued interest on the Principal Debt being repaid or prepaid, and all such payments shall be applied to the payment of interest before application to Principal Debt.
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Samples: Credit Agreement (Trammell Crow Co), Credit Agreement (Trammell Crow Co), Credit Agreement (Trammell Crow Co)
Application of Payments to Principal and Interest. All Except as otherwise provided herein, all payments in respect of the Principal Debt principal amount of any the Loan shall include payment of accrued interest on the Principal Debt principal amount being repaid or prepaid, and all such payments shall be applied to the payment of interest before application to Principal Debtprincipal.
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Samples: Merger Agreement (Usa Broadband Inc)
Application of Payments to Principal and Interest. All payments in respect of the Principal Debt principal amount of any Loan the Loans shall include payment of accrued interest on the Principal Debt principal amount being repaid or prepaid, and all such payments shall be applied to the payment of unpaid interest before application to Principal Debt.principal. D.
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Samples: Senior Secured Revolving Credit Agreement (Capstar Hotel Co)
Application of Payments to Principal and Interest. All payments in respect of the Principal Debt principal amount of any Loan shall include payment of accrued interest on the Principal Debt principal amount being repaid or prepaid, and all such payments (and in any event any payments made in respect of any Loan on a date when interest is due and payable with respect to such Loan) shall be applied to the payment of interest before application to Principal Debtprincipal unless the Agent elects to apply such amounts to principal.
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Samples: Loan Agreement (Safety 1st Inc)
Application of Payments to Principal and Interest. All payments in respect of the Principal Debt principal amount of any Loan shall include payment of accrued and unpaid interest on the Principal Debt principal amount being repaid or prepaid, and all such payments shall be applied to the payment of interest interest, fees and late charges (in such order as Lender may elect) before application to Principal Debtprincipal.
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