Common use of Capitalisation Clause in Contracts

Capitalisation. (a) Subject always to Section 5.2(c), the interest on any principal monies for the time being secured by this Assignment including capitalised interest will, at the end of each calendar month or such other periods as fixed by the Bank be capitalised and added to the principal sum then owing.

Appears in 2 contracts

Samples: Loan Agreement, www.uob.com.my

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Capitalisation. (a) Subject always to Section Clause 5.2(c), the interest on any principal monies for the time being secured by this Assignment including capitalised interest will, at the end of each calendar month or such other periods as fixed by the Bank be capitalised and added to the principal sum then owing.

Appears in 1 contract

Samples: www.uob.com.my

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Capitalisation. (a) Subject always to Section 5.2(cClause 12.3(c), the interest on any principal monies for the time being secured by this Assignment Agreement including capitalised interest will, at the end of each calendar month or such other periods as fixed by the Bank be capitalised and added to the principal sum then owing.

Appears in 1 contract

Samples: Facilities Agreement

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