Interest and Rate. 6.1 Payment of Interest; Interest Rate
Interest and Rate. 22 6.1 Payment of Interest; Interest Rate................................................................22 6.2 Maximum Interest..................................................................................22 7. PAYMENTS ..................................................................................................22 7.1 Place of Payments, No Set Off.....................................................................22 7.2 Tax Credits.......................................................................................23 7.3 Computations; Banking Days........................................................................23 8.
Interest and Rate of Interest). The interest component in relation to the MMRs may differ for various Interest Determination Periods. In respect of Property under Construction, the Non -Bank Financial Institution at its sole discretion may allow the Borrower to pay PMMRI on the Loan until possession of the Property is received by the Borrower or when the Property is ready for occupation, whichever is earlier. Provided that the aforesaid period shall not be more than 18 (eighteen) months from the date of this Agreement unle ss extended by the Non-Bank Financial Institution at its discretion. Any amount prepaid shall be adjusted towards the principal of the Loan, subject to prior adjustment for overdue payments, charges (if any), without changing the amount of the subsequent MMRs. Each subsequent MMR shall represent interest outstanding as reduced by the amount prepaid and a correspondingly enhanced balance amount towards the principal outstanding. No amount prepaid may be withdrawn by the Borrower under this Agreement. In case of Partial Prepayment, the Non-Bank Financial Institution may, at its sole discretion, permit the Borrower to alter / replace PDCs or Mandates/Authorisation or SI or SD for rescheduling of MMRs.
Interest and Rate of Interest). The interest component in relation to the MMRs may differ for various Interest Determination Periods. In respect of Property under Construction, the Non-Bank Financial Institution at its sole discretion may allow the Borrower to pay PMMRI on the Loan until possession of the Property is received by the Borrower or when the Property is ready for occupation, whichever is earlier. Provided that the aforesaid period shall not be more than 18 (eighteen) months from the date of this Agreement unless extended by the Non-Bank Financial Institution at its discretion.
Interest and Rate. 37 6.1 Term Loan Applicable Rate and Default Rate........... 37 6.2 Revolving Credit Facility Applicable Rate and Default Rate...................................... 37 6.3
Interest and Rate. 28 6.1 Applicable Rate...................................................................................28 6.2 Default Rate......................................................................................28 6.3
Interest and Rate. 8.1 Interest Rate; Default Rate. . . . . . . . . . . . . . . . 8.2
Interest and Rate
