Common use of Interest accrued on the Accounts Clause in Contracts

Interest accrued on the Accounts. Any credit balance on each Account shall bear interest at the rate from time to time offered by the Agent to its customers for Dollar deposits of similar amounts and for periods similar to those for which such balances appear to the Agent likely to remain on that Account.

Appears in 28 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Global Ship Lease, Inc.), Agreement (Navios Maritime Partners L.P.)

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Interest accrued on the Accounts. Any credit balance on each Account shall bear interest at the rate from time to time offered by the Agent Lender to its customers for Dollar deposits of similar amounts and for periods similar to those for which such balances appear to the Agent Lender likely to remain on that Account.

Appears in 1 contract

Samples: Agreement (DryShips Inc.)

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Interest accrued on the Accounts. Any credit balance on each Account shall bear interest at the rate from time to time offered by the Agent Lender to its customers for Dollar deposits of similar amounts and for periods similar to those for which such balances appear to the Agent Lender likely to remain on that Account.,

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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