Common use of Interest on Accounts Clause in Contracts

Interest on Accounts. All interest paid or other earnings on the Eligible Investments made hereunder shall be deposited into the Central Account and shall be allocated to the Basic Sub-Account which contained the funds with respect to which such interest was paid or other earnings earned. All such interest and earnings shall be treated as Revenue. Except during a DSCR Restricted Period, a Franchise Restricted Period, an Operative Period or any period when an Event of Default has occurred and is continuing, all such interest paid or other earnings earned with respect to funds in the Basic Carrying Costs Sub-Account and the Debt Service Payment Sub-Account shall, after each anniversary of the Closing Date, at Lender's option, either be paid over to Borrowers or, on notice to Borrowers, credited against the amounts payable by Borrowers on the next Due Date. Except for amounts to be paid or credited to Borrowers pursuant to the preceding sentence, all interest paid or earnings earned with respect to funds on deposit in any Basic Sub-Account shall be retained in such Basic Sub-Account and disbursed pursuant to Section 2.7.7.

Interest on Accounts. All interest paid or other earnings on the Eligible Investments made hereunder shall be deposited into the Central Account and shall be allocated to the Basic Sub-Account which contained the funds with respect to which such interest was paid or other earnings earned. All such interest and earnings shall be treated as Revenue. Except during a DSCR Restricted Period, a Franchise Restricted Period, an Operative Period or any period when an Event of Default has occurred and is continuing, all such interest paid or other earnings earned with respect to funds in the Basic Carrying Costs Sub-Account and the Debt Service Payment Sub-Account shall, after each anniversary of the Closing Date, at Lender's option, either be paid over to Borrowers Borrower or, on notice to BorrowersBorrower, credited against the amounts payable by Borrowers Borrower on the next Due Date. Except for amounts to be paid or credited to Borrowers Borrower pursuant to the preceding sentence, all interest paid or earnings earned with respect to funds on deposit in any Basic Sub-Account shall be retained in such Basic Sub-Account and disbursed pursuant to Section 2.7.72.6.7.

Interest on Accounts. All interest paid or other earnings on the Eligible Investments made hereunder shall be deposited into the Central Account and shall be allocated to the Basic Sub-Account which contained the funds with respect to which such interest was paid or other earnings earned. All such interest and earnings shall be treated as Revenue. Except during a DSCR Restricted Period, a Franchise Restricted Period, an Operative Period or any period when an Event of Default has occurred and is continuing, all such interest paid or other earnings earned with respect to funds in the Basic Carrying Costs Sub-Account and the Debt Service Payment Sub-Account shall, after each anniversary of the Closing Date, at Lender's option, either be paid over to Borrowers Borrower or, on notice to BorrowersBorrower, credited against the amounts payable by Borrowers Borrower on the next Due Date. Except for amounts to be paid or credited to Borrowers Borrower pursuant to the preceding sentence, all interest paid or earnings earned with respect to funds on deposit in any Basic Sub-Account shall be retained in such Basic Sub-Account and disbursed pursuant to Section 2.7.7.