Common use of Interest on Contract Advances Clause in Contracts

Interest on Contract Advances. The Borrower shall pay interest on the unpaid principal amount of each Contract Advance made by each Lender from the date of such Contract Advance until such principal amount shall be paid in full, at the following rates per annum:

Appears in 7 contracts

Samples: Revolving Credit Agreement (Peco Energy Co), Credit Agreement (Louisville Gas & Electric Co /Ky/), 364 Day Credit Agreement (Peco Energy Co)

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Interest on Contract Advances. The applicable Borrower shall pay interest on the unpaid principal amount of each Contract Advance made by each Lender from the date of such Contract Advance until such principal amount shall be paid in full, at the following rates per annum:

Appears in 1 contract

Samples: Credit Agreement (System Energy Resources Inc)

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