Common use of Computation of Interest on Each Advance Clause in Contracts

Computation of Interest on Each Advance. (a) Subject to paragraphs 11 and 14 of this Note, interest on the outstanding principal of each Advance shall accrue from the date on which the respective Advance is made to the date on which such principal is due.

Appears in 6 contracts

Samples: Note Purchase Agreement (Matson, Inc.), Note Purchase Agreement (Matson, Inc.), Note Purchase Agreement (Oglethorpe Power Corp)

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Computation of Interest on Each Advance. (a) Subject to paragraphs 11 and 14 15 of this Note, interest on the outstanding principal of each Advance shall accrue from the date on which the respective Advance is made to the date on which such principal is due.

Appears in 4 contracts

Samples: Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Georgia Power Co), Note Purchase Agreement (Oglethorpe Power Corp)

Computation of Interest on Each Advance. (a) Subject to paragraphs 11 12 and 14 15 of this Note, interest on the outstanding principal of each Advance shall accrue from the date on which the respective Advance is made to the date on which such principal is due.

Appears in 4 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (Solyndra, Inc.), Beacon Power Corp

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Computation of Interest on Each Advance. (a) Subject to paragraphs 11 and 14 of this NoteBond, interest on the outstanding principal of each Advance shall accrue from the date on which the respective Advance is made to the date on which such principal is due.

Appears in 1 contract

Samples: Bond Purchase Agreement

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