Common use of Interest Rate and Payment Terms Clause in Contracts

Interest Rate and Payment Terms. The Loan shall be payable as to interest and principal in accordance with the provisions of the Note. The Note also provides for interest at a Default Rate, Late Charges and prepayment rights and fees.

Appears in 3 contracts

Samples: Commercial Real Estate Mortgage Loan Agreement (Procaccianti Hotel Reit, Inc.), Term Loan Agreement (Emeritus Corp\wa\), Loan Agreement (Westwood Group Inc)

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Interest Rate and Payment Terms. The Loan shall be payable as to interest and principal in accordance with the provisions of the Note. The Note also provides for interest at a Default Rate, Late Charges and prepayment rights and fees. Any and all interest rate selection and conversion provisions in the Note are to be administered by the Lender.

Appears in 1 contract

Samples: Loan Agreement (Sonesta International Hotels Corp)

Interest Rate and Payment Terms. The Loan shall be payable as to interest and principal in accordance with the provisions of the Note. The Note also provides for interest at a Default Rate, Late Charges Rate and prepayment rights and fees.

Appears in 1 contract

Samples: Construction Loan Agreement (American Retirement Corp)

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Interest Rate and Payment Terms. The Loan shall be payable as to interest and principal in accordance with the provisions of the Note. The Note also provides for prepayment of the Loan, interest at a the Default Rate, Late Charges Rate and prepayment rights and feeslate charges.

Appears in 1 contract

Samples: Loan Agreement (U.S. Auto Parts Network, Inc.)

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