Common use of Dates of Payment of Amortization, Interest, Credit Fee, and Other Costs Clause in Contracts

Dates of Payment of Amortization, Interest, Credit Fee, and Other Costs. The Loan will be amortized in accordance with the Amortization Schedule. Interest and amortization installments will be paid on the fifteenth (15th) day of the month, as set forth in the Special Conditions, in an Amortization Schedule Modification Notification Letter, or in a Conversion Notification Letter, as the case may be. The dates for payment of an amortization payment, credit fee, and other costs shall always coincide with an interest payment date.

Appears in 8 contracts

Samples: Loan Contract, Amendatory Contract, Loan Contract

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Dates of Payment of Amortization, Interest, Credit Fee, and Other Costs. The Loan will be amortized in accordance with the Amortization Schedule. Interest and amortization installments will be paid on the fifteenth (15th) day of the month, as set forth in the Special Conditions, in an Amortization Schedule Modification Notification Letter, or in a Conversion Notification Letter, as the case may beContract. The dates for payment of an amortization payment, credit fee, and other costs shall always coincide with an interest payment date.

Appears in 1 contract

Samples: Loan Contract

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