Common use of Deferred Interest Clause in Contracts

Deferred Interest. Subject to Clause 5.2, to the extent that there are insufficient funds available to pay interest on a Term Advance on any Interest Payment Date, the shortfall in the interest amount payable will not then fall due but will instead be due on the next Interest Payment Date (if any) on which sufficient funds are available to pay such interest and, pending such payment, will accrue interest at the rate specified for such Term Advance in the applicable Term Advance Supplement.

Deferred Interest. Subject to Clause 5.2, to the extent that there are insufficient funds available to pay interest on a Term Advance on any Interest Payment Date, the shortfall in the interest amount payable will not then fall due but will instead be due on the next following Interest Payment Date (if any) on which sufficient funds are available to pay such interest andinterest, and pending such payment, will accrue interest at the rate specified for such Term Advance in the applicable Term Advance Supplement.

Deferred Interest. Subject to Clause 5.2, to To the extent that there are insufficient funds available to pay interest on a the Term Advance Advances on any Loan Interest Payment Date (or, if Clause 6.1(c) applies, the relevant Fund Payment Date), the shortfall in the interest amount payable will not then fall due but will instead be due added to the principal amount outstanding of that Term Advance and interest will be payable on the next Interest Payment Date (if any) on which sufficient funds are available to pay such interest and, pending such payment, will accrue interest increased balance of that Term Advance at the rate specified for such Term Advance in the applicable Term Advance SupplementClause 6.2 above.

Deferred Interest. Subject to Clause 5.2, to To the extent that there are insufficient funds available to pay interest on a the Term Advance Advances on any Loan Interest Payment Date (or, if Clause 6.1(d) applies, the relevant LLP Payment Date), the shortfall in the interest amount payable will not then fall due but will instead be due added to the principal amount outstanding of that Term Advance and interest will be payable on the next Interest Payment Date (if any) on which sufficient funds are available to pay such interest and, pending such payment, will accrue interest increased balance of that Term Advance at the rate specified for such Term Advance in the applicable Term Advance SupplementClause 6.2 above.