Interest Shortfall. 8.1 If on any CBC Payment Date the CBC has insufficient funds available to satisfy its obligations to pay the full amount of interest that would have been due on the Subordinated Loan, the amount available (if any) shall be applied to pay interest on such Subordinated Loan, subject to Clause 8.2.
Appears in 3 contracts
Samples: Subordinated Loan Agreement, Subordinated Loan Agreement, Subordinated Loan Agreement
Interest Shortfall. 8.1 If on any CBC Payment Date the CBC has insufficient funds available to it to satisfy its obligations to pay the full amount of interest that would have been due on the Subordinated LoanLoan but for Clause 8.2, the amount available (if any) shall be applied to pay interest on such Subordinated Loan, subject to Clause 8.2.
Appears in 2 contracts
Samples: Subordinated Loan Agreement, Subordinated Loan Agreement
Interest Shortfall. 8.1 8.1. If on any CBC Payment Date the CBC has insufficient funds available to it to satisfy its obligations to pay the full any amount of interest that would have been due on the Subordinated Loan, the amount available (if any) shall be applied to pay the amount of interest due on such Subordinated Loan, subject to Clause 8.2.
Appears in 1 contract
Samples: Loan Agreement
