Common use of Lender’s Costs Clause in Contracts

Lender’s Costs. Borrower shall, upon the written request of Lender, pay Lender the amount of all unpaid Lender's Costs within fifteen (15) days after such notice. Until paid, all past due and owing interest payments, fees and all past due Lender Cost's shall be deemed to be part of the principal balance of the Loan and bear interest at eighteen (18%) percent per annum.

Appears in 1 contract

Samples: Credit Loan Agreement (Andrx Corp /De/)

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Lender’s Costs. Borrower Borrowers shall, upon the written request of Lender, pay Lender the amount of all unpaid Lender's Costs within fifteen (15) days after such notice. Until paidpayment is received by Lender, all past due and owing interest payments, fees and all past due Lender CostLender's Costs shall be deemed to be part of the principal balance of the Loan and bear interest at eighteen (18%) percent per annumthe Prime Rate.

Appears in 1 contract

Samples: Loan Agreement (Kramont Realty Trust)

Lender’s Costs. Borrower shall, upon the written request of Lender, pay Lender the amount of all unpaid Lender's Costs within fifteen thirty (1530) days after such notice. Until paid, all past due and owing interest payments, fees and all past due Lender CostLender's Costs shall be deemed to be part of the principal balance of the Loan and appropriate Loan, bear interest at eighteen (18%) percent per annumthe Prime Rate, and be secured by the Collateral.

Appears in 1 contract

Samples: Revolving Credit Loan Agreement (First Washington Realty Trust Inc)

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Lender’s Costs. Borrower shall, upon the written request of Lender, pay Lender the amount of all unpaid Lender's Costs within fifteen (15) days after such notice. Until paid, all past due and owing interest payments, fees and all past due Lender Cost's shall be deemed to be part of the principal balance of the Loan and Loan, bear interest at eighteen (18%) percent per annumLIBOR Market Index Rate plus the Applicable Spread, as herein after defined.

Appears in 1 contract

Samples: Line of Credit Loan Agreement (Orleans Homebuilders Inc)

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