Common use of Ordinary Interest Clause in Contracts

Ordinary Interest. The Borrower shall pay interest on the unpaid principal amount of the Loan owing to the Lender from the Closing Date, until such principal amount shall be paid in full, payable in arrears on the fifteenth day of each calendar month (each an "Interest Payment Date") at a rate per annum (the "Interest Rate") equal to

Appears in 1 contract

Samples: Modification and Extension of Credit Agreement (Alexanders Inc)

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Ordinary Interest. The Borrower shall pay interest on the unpaid principal amount of the Loan owing to the Lender from the Closing Date, until such principal amount shall be paid in full, payable in arrears on the fifteenth day of f each calendar month (each an "Interest Payment Date") at a rate per annum (equal to the "Interest Rate") equal to, but in no event shall the Loan be repaid later than the Maturity Date.

Appears in 1 contract

Samples: Credit Line Agreement (Alexanders Inc)

Ordinary Interest. The Borrower shall pay interest on the unpaid principal amount of the Loan owing to the Lender from the Closing Date, until such principal amount shall be paid in full, payable in arrears on the fifteenth day of each calendar month (each an "Interest Payment Date") at a rate per annum (equal to the "Interest Rate") equal to, but in no event shall the Loans be repaid later than the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Alexanders Inc)

Ordinary Interest. The Borrower shall pay interest on the unpaid principal amount of the Loan owing to the Lender from the Closing Date, until such principal amount shall be paid in full, payable in arrears on the fifteenth day of each calendar month (each an "Interest Payment Date") at a rate per annum (equal to the "Interest Rate") equal to, but in no event shall the Loan be repaid later than the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Alexanders Inc)

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Ordinary Interest. The Borrower shall pay interest on the unpaid principal amount of the Loan owing to the Lender from the Closing Date, until such principal amount shall be paid in full, payable in arrears on the fifteenth day of each calendar ;month (each an "Interest an"Interest Payment Date") at a rate per annum (equal to the "Interest Rate") equal to, but in no event shall the Loan be repaid later than the Maturity Date.

Appears in 1 contract

Samples: Credit Agreement (Alexanders Inc)

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