Common use of Interest Payments on Conversions Clause in Contracts

Interest Payments on Conversions. Notwithstanding anything to the contrary in the preceding sections, all accrued and unpaid interest on any Advance converted pursuant to Section 2.3 hereof shall be due and payable in full on the date such Advance is converted.

Appears in 25 contracts

Samples: Credit Agreement (Credit Acceptance Corp), Credit Agreement (Credit Acceptance Corp), Credit Agreement (Credit Acceptance Corp)

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Interest Payments on Conversions. Notwithstanding anything to the contrary in the preceding sections, all accrued and unpaid interest on any Advance converted pursuant to Section 2.3 3.3 hereof shall be due and payable in full on the date such Advance is converted.

Appears in 1 contract

Samples: Revolving Credit Agreement (Credit Acceptance Corporation)

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