Common use of Compounding Clause in Contracts

Compounding. Any interest not paid when due pursuant to Section 2.3(b) shall be compounded with and added to the principal of the Loan and shall thereafter constitute a part of the Loan hereunder and shall accrue interest at the rate then applicable to the Loan.

Compounding. Any interest not paid when due pursuant to Section 2.3(b) shall be compounded with and added to the principal of the Loan to which such interest relates and shall thereafter constitute a part of the Loan hereunder and shall accrue interest at the rate then applicable to the Loan.