Common use of Payment of Interest Accruals Clause in Contracts

Payment of Interest Accruals. Party A shall pay to Party B the due interest accruals on the Interests Settlement Date. The first interests payment date shall be the first Interests Settlement Date upon the issuance of the borrowing, and all the interest accruals shall be paid in full when the final installment of the borrowing is repaid.

Appears in 5 contracts

Samples: www.sec.gov, Working Capital Borrowing (Sooner Holdings Inc /Ok/), RMB Borrowing Contract (Sooner Holdings Inc /Ok/)

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