Common use of General Interest Rules Clause in Contracts

General Interest Rules. (a) All interest payments to be made under this Agreement shall be paid without allowance or deduction for deemed re-investment or otherwise, both before and after maturity and before and after default and/or judgment, if any, until payment, and interest shall accrue on overdue interest, if any, compounded on each interest payment date.

Appears in 3 contracts

Samples: Loan Agreement (Hydrogenics Corp), Loan Agreement (Hydrogenics Corp), Loan Agreement (BioAmber Inc.)

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General Interest Rules. (a) All interest payments to be made under this Agreement shall be paid without allowance or deduction for deemed re-investment or otherwisededuction, both before and after maturity and before and after default and/or judgment, if any, until payment, and interest . Interest shall accrue on overdue interest, if any, compounded on each interest payment datemonthly.

Appears in 1 contract

Samples: Loan Agreement (Monaco Group Inc)

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