Common use of Interim Interest Payment Clause in Contracts

Interim Interest Payment. For each Advance, unless the Funding Date is a Payment Date, Borrower shall make an advance payment of interest at the otherwise applicable rate referred to in Section 1.02(a) on the Funding Date for the period from the Funding Date to the first Payment Date.

Appears in 5 contracts

Samples: Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Acelrx Pharmaceuticals Inc)

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Interim Interest Payment. For each Advance, unless the Funding Date is a Payment Date, Borrower Borrowers shall make an advance payment of interest at the otherwise applicable rate referred to in Section 1.02(a) on the Funding Date for the period from the Funding Date to the first Payment Date.

Appears in 3 contracts

Samples: Loan and Security Agreement, Loan and Security Agreement (Mascoma Corp), Loan and Security Agreement (Zipcar Inc)

Interim Interest Payment. For each Advance, unless the Funding Date is a Payment Date, Borrower shall make an advance a payment of interest at the otherwise applicable rate referred to in Section 1.02(a) on the Funding Date for the period from the Funding Date to the first Payment Date.

Appears in 2 contracts

Samples: Loan and Security Agreement (Aquantia Corp), Loan and Security Agreement (Aquantia Corp)

Interim Interest Payment. For each the Advance, unless the Funding Date is a Payment Date, Borrower shall make an advance payment of interest at the otherwise applicable rate referred to in Section 1.02(a) on the Funding Date for the period from the Funding Date to the first Payment Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Glu Mobile Inc)

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Interim Interest Payment. For each Advance, unless the Funding Date is a Payment Date, Borrower shall make an advance payment of interest at the otherwise applicable rate referred to in Section 1.02(a) on the Funding Date for the period from the Funding Date that date to the first Payment Date.

Appears in 1 contract

Samples: Equipment Loan and Security Agreement (Intermix Media, Inc.)

Interim Interest Payment. For each Advance, unless the Funding Date is a Payment Date, Borrower shall make an advance payment of interest at the otherwise applicable rate referred to in Section 1.02(a) on the Funding Date for the period from the Funding Date to the first Payment Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Reliant Technologies Inc)

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