Common use of Interim payment Clause in Contracts

Interim payment. In the event an Advance is made on any day other than the first Business Day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.

Appears in 10 contracts

Samples: Growth Capital Loan and Security Agreement (Tintri, Inc.), Growth Capital Loan and Security Agreement (Tintri, Inc.), Growth Capital Loan and Security Agreement (Tintri, Inc.)

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Interim payment. In the event an Advance is made on any day other than the first Business Day business day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded. Any amounts that You repay on the Advances may not be re-borrowed.

Appears in 4 contracts

Samples: Equipment Loan and Security Agreement, Growth Capital Loan and Security Agreement (Varonis Systems Inc), Equipment Loan and Security Agreement (RingCentral Inc)

Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us Lenders on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.

Appears in 3 contracts

Samples: Growth Capital Loan and Security Agreement (Oaktree Acquisition Corp.), Growth Capital Loan and Security Agreement (Casper Sleep Inc.), Growth Capital Loan and Security Agreement (Casper Sleep Inc.)

Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded. Any amounts that You repay on the Advances may not be re-borrowed.

Appears in 3 contracts

Samples: Growth Capital Loan and Security Agreement (Gevo, Inc.), Growth Capital Loan and Security Agreement (Gevo, Inc.), Growth Capital Loan and Security Agreement (Gevo, Inc.)

Interim payment. In the event an Advance is made on any day other than the first Business Day of the month, You shall make a payment to Us in accordance with Our Pro Rata Share on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.

Appears in 2 contracts

Samples: Growth Capital Loan and Security Agreement (ForgeRock, Inc.), Growth Capital Loan and Security Agreement (ForgeRock, Inc.)

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Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded. Any amounts that You repay on the Advances may not be re-borrowed. Optional Interest-Only Periods – Part 1 Commitment Amount.

Appears in 1 contract

Samples: Growth Capital Loan and Security Agreement

Interim payment. In the event an Advance is made on any day other than the first Business Day day of the month, You shall make payment to Us on the Advance Date in an amount equal to the per diem interest for the time from the Advance Date through and including the last day of the month in which the Advance is funded.. Any amounts that You repay on the Advances may not be re-borrowed. Gevo_0467-GC 8

Appears in 1 contract

Samples: Growth Capital Loan and Security Agreement (Gevo, Inc.)

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