Common use of Home Loan Clause in Contracts

Home Loan. Subject to the provisions of subsection (c) below, simple interest will accrue on the outstanding principal balance of the HOME Loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursement.

Appears in 3 contracts

Samples: Home and Hopwa Loan Agreement, Home and Hopwa Loan Agreement, Home and Hopwa Loan Agreement

AutoNDA by SimpleDocs

Home Loan. Subject to the provisions of subsection (ce) below, simple interest will accrue on the outstanding principal balance of the HOME Loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursement.

Appears in 1 contract

Samples: Development Loan Agreement

Home Loan. Subject to the provisions of subsection (c) below, simple interest will accrue on the outstanding principal balance of the HOME Loan loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursement.

Appears in 1 contract

Samples: Home and Hopwa Loan Agreement

AutoNDA by SimpleDocs

Home Loan. Subject to the provisions of subsection Subsection (c) below, the HOME Loan bears simple interest will accrue on at a rate of three percent (3%) per annum from the outstanding date of disbursement until full repayment of the principal balance of the HOME Loan at a per annum rate of interest equal to three percent (3%), commencing on the date of disbursementLoan.

Appears in 1 contract

Samples: 64.166.146.245

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!