Common use of PAYMENT AND CALCULATION OF INTEREST ON TERM ADVANCES Clause in Contracts

PAYMENT AND CALCULATION OF INTEREST ON TERM ADVANCES. 8.1 PAYMENT OF INTEREST On the last day of each Interest Period (and, if such Interest Period exceeds six months, on the expiry of each period of six months during such Interest Period), the Post-Novation Borrower shall pay accrued interest on the Term Advance to which such Interest Period relates.

PAYMENT AND CALCULATION OF INTEREST ON TERM ADVANCES. 8.1 6.1 PAYMENT OF INTEREST On the last day of each Interest Period (and, if such the Interest Period of such Term Advance exceeds six months, on the expiry of each period of six months during such Interest Period), ) the Post-Novation Borrower to which such Term Advance has been made shall pay accrued interest on the Term Advance to which such Interest Period relates.

PAYMENT AND CALCULATION OF INTEREST ON TERM ADVANCES. 8.1 PAYMENT OF INTEREST 6.1 Payment of Interest On the last day of each Interest Period relating to a Term Advance (and, if such the Interest Period of such Term Advance exceeds six months, on the expiry of each period of six months during such that Interest Period), ) the Post-Novation Borrower to which such Term Advance has been made shall pay accrued interest on the Term Advance to which such Interest Period relates.

PAYMENT AND CALCULATION OF INTEREST ON TERM ADVANCES. 8.1 PAYMENT OF INTEREST 5.1 Payment of Interest On the last day of each Interest Period relating to a Term Advance (and, if such the Interest Period of such Term Advance exceeds six months, on the expiry of each period of six months during such that Interest Period), ) the Post-Novation Borrower shall pay accrued interest on the Term Advance to which such Interest Period relates.