Interest Compounding Clause Samples

Interest Compounding. Notwithstanding anything in the Note, on March 1, 2003 all accrued interest remaining outstanding as of such date shall be compounded and added to the principal amount of the Note. Notwithstanding the face value of the Note, after March 1, 2003, interest shall accrue on the principal amount of the Note recalculated in accordance herewith at the rate and as prescribed by the terms of the Note."

Interest Compounding. For each Borrowing, the interest monthly accrued from the relevant Borrowing Date and until the Maturity Date, unless the Loan is accelerated as provided by Section 7.2.1, will be automatically compounded on the last Business Day of each calendar month within such period, to form an integral part of the principal outstanding balance of the Loan.

Interest Compounding. The frequency of interest compounding depends on the type of account you have and is described in the addendum/disclosure that applies to such account. TRANSACTION LIMITATIONS. Unless specifically permitted by the type of account, you may not make additional deposits into an account after it is opened. Also, we may, but shall not be required to, allow you to withdraw principal from the account, prior to the maturity date.

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Reference Rate plus 1.00 percentage point. This may result in compounding of interest.

Interest Compounding. At the Bank's sole option in each instance, any interest, fees or costs which are not paid when due under this Agreement shall bear interest from the due date at the Bank's Prime Rate plus 2 percentage points. This may result in compounding of interest.

Interest Compounding. All interest payable on the principal amount of any Loan shall not compound except that (i) compound interest shall be payable on any Conversion Loan to the extent that the principal amount thereof shall be comprised of accrued and unpaid interest on the LC Loan that has converted into such Conversion Loan, (ii) compound interest shall be payable on all unpaid interest due and owing on any Loan from and after, and during the continuance of, any Event of Default, as and to the extent provided herein or in any Note, and (iii) compound interest shall be payable on any other Obligation to the extent expressly provided by any provision of any Loan Document.