Common use of Payment of Interest and Fees Clause in Contracts

Payment of Interest and Fees. Interest and fees shall be payable immediately when due, and shall be paid by Lender’s making an Advance in the amount of the interest and/or fee due against the Revolving Loan, but any failure or delay by Lender in submitting any invoice for such interest or fee or in the making of an advance against the Revolving Loan shall not discharge or relieve Borrower of its obligation to make such interest or fee payment.

Payment of Interest and Fees. Interest and fees shall be payable immediately when due, and shall be paid by Lender’s 's making an Advance in the amount of the interest and/or fee due against the Revolving Loan, but any failure or delay by Lender in submitting any invoice for such interest or fee or in the making of an advance against the Revolving Loan shall not discharge or relieve Borrower of its obligation to make such interest or fee payment.

Payment of Interest and Fees. Interest and fees shall be payable immediately when due, and shall may be paid by Lender’s 's making an Advance in the amount of the interest and/or fee due against the Revolving Loan, but any failure or delay by Lender in submitting any invoice for such interest or fee or in the making of an advance Advance against the Revolving Loan shall not discharge or relieve Borrower of its obligation to make such interest or fee payment.

Payment of Interest and Fees. Interest and fees shall be payable immediately when due, and shall may be paid by Lender’s 's making an Advance in the amount of the interest and/or fee due against the Revolving Loan, but any failure or delay by Lender in submitting any invoice for such interest or fee or in the making of an advance Advance against the Revolving Loan shall not discharge or relieve Borrower Borrowers of its obligation to make such interest or fee payment.