Loans and Interest Sample Clauses

Loans and Interest. 7 SECTION 2.2.9. Construction Period Accrued Interest, Construction Period Accrued Yield and Construction Period Fees...........................7 SECTION 2.2.10. Final Completion Advance.............................................8 SECTION 2.3. Computations and Notice of Rates.............................................8 SECTION 2.4. Overdue Payments.............................................................9 SECTION 2.5. Confirmation of Participants and the Other Parties..........................10

Loans and Interest. During the term of the Partnership, no interest shall be allowed to any Partner upon the amount of such Partner's capital account or Capital Contributions. The Partnership may borrow funds from a Partner as and when required hereunder, and otherwise from a Partner or an affiliate of a Partner only if the General Partner prepares a financial forecast on the date thereof, and based on the actual losses to such date, reasonably believes that such loan would not result in a reallocation of projected tax benefits among the Partners such that there would be a reduction in the Tax Credits allocable to the Limited Partners from those projected in Schedule 1 to Exhibit B. Except for those loans and advances by the General Partner which are required hereunder to be interest free, in the event that the Partnership borrows any funds from any Partner or an affiliate of a General Partner, such Partner or affiliate of a General Partner shall be paid that rate of interest which is the greater of Ten per cent (10%) er annum and the Applicable Federal Rate in effect on the date of such loan, and such loan shall be accounted for as a liability of the Partnership.

Loans and Interest. (a) Each HSFC Loan shall accrue interest computed and payable in accordance with the terms of the HSFC Loan Agreement, and each Conduit Loan and each Facility Loan shall accrue interest computed and payable in accordance with the terms of the Conduit Loan Agreement. (b) The principal of each HSFC Loan, each Conduit Loan and each Facility Loan, together with all accrued and unpaid interest thereon, shall be repaid in full on the Maturity Date. (c) Pursuant to the Security Agreement and the Assignment of Leases, Ground Lessee and Lessor shall direct (and Ground Lessee and Lessor each hereby directs) Lessor and Lessee, respectively, to pay to the Collateral Agent for the account of the Participants the rent payable under the Ground Sublease and Rent payable under the Lease (other than Excluded Amounts) from time to time, and the Collateral Agent shall distribute such amounts to the Participants in accordance with Article X. (d) Construction Period Accrued Interest shall be deemed paid in accordance with Section 2.2.10. (e) The Lenders are authorized and entitled to make notations on their respective Notes setting forth the date and amount of each funding of an Advance by such Lender, the amount of all Construction Period Accrued Interest, each payment or repayment of principal, the length of each Interest Period with respect thereto and the interest rate for such Interest Period. Any such recordation shall constitute prima facie evidence of the accuracy of the information so recorded; provided, that the failure to make any such recording or to provide the calculations described below, shall not relieve the borrower under such instrument of its obligations thereunder or the Lessee of its obligation to pay Rent.

Loans and Interest. Subject to all the terms and conditions of this Agreement:

Loans and Interest. (a) The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required. (b) Subject to Section 2.09, each Loan shall be a TIBO Rate Loan. Each Lender at its option may make any TIBO Rate Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.

Loans and Interest. No interest shall be paid on the Capital Contributions of the Limited Partners. Nevertheless, any Limited Partner may make unsecured loans to the Partnership on terms to which such lending Limited Partner and the General Partners agree.

Loans and Interest. (a) The failure of any Lender to make any Loan required to be made by it shall not relieve any other Lender of its obligations hereunder; provided that the Commitments of the Lenders are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required. (b) Subject to Section 2.09, each Loan shall be a LIBO Rate Loan. Each Lender at its option may make any LIBO Rate Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.

Loans and Interest. (a) Subject to the terms and conditions set forth in this Note, Parent shall make a loan (the “Loan”) to the Company on [●] (such day, the “Funding Date”) in a principal amount equal to [●]. (b) The outstanding Principal Amount of this Note will bear interest at a per annum rate equal to Term SOFR plus 15 basis points (0.15%). Interest will accrue on the Loan from the Funding Date until the Principal Amount is repaid in cash. The Company shall pay accrued interest on the Note on the date of repayment in accordance with Paragraph 4 and Paragraph 5, as applicable, below. For purposes of this Note:

Loans and Interest. (a) Each Conduit Loan, each Facility Loan, each A1 Loan and each B Loan shall accrue interest computed and payable in accordance with the terms of the applicable Loan Agreement. (b) The principal of each A1 Loan, each Facility Loan, each Conduit Loan and each B Loan, together in each case with all accrued and unpaid interest thereon, shall be repaid in full on the A1 Loan Maturity Date, Facility Loan Maturity Date, the Conduit Loan Maturity Date and B Loan Maturity Date, respectively. (c) Pursuant to the Security Agreement and the Lessor Assignment of Lease, the Lessor shall direct (and the Lessor hereby directs) the Lessee to pay to the Administrative Agent for the account of the Participants, Rent payable under the Lease (other than Excluded Amounts) from time to time, and the Administrative Agent shall distribute such amounts to the Participants in accordance with Article X. (d) Construction Period Accrued Interest shall be paid in accordance with Section 2.2.9.