Common use of Interim Interest Payment Clause in Contracts

Interim Interest Payment. For each Term Loan, Borrower shall make an advance payment of interest on the date of funding such Term Loan for the period from such date to and including the last day of the month in which such Term Loan was so made.

Appears in 5 contracts

Samples: Loan and Security Agreement (Endocyte Inc), Loan and Security Agreement (Codexis Inc), Loan and Security Agreement (Codexis Inc)

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Interim Interest Payment. For each Term Loan, Borrower shall make an advance payment of interest on the date of funding such Term Loan Closing Date for the period from such date to and including the last day of the month in which such the Term Loan was so made.

Appears in 1 contract

Samples: Loan and Security Agreement (Entremed Inc)

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