Payments Before Due Date. Any regularly scheduled monthly installment of principal and interest that is received by Lender before the date it is due shall be deemed to have been received on the due date solely for the purpose of calculating interest due.
Appears in 13 contracts
Samples: Consolidation, Modification and Extension Agreement, Assignment of Leases and Rents and Security Agreement (Clipper Realty Inc.), Master Credit Facility Agreement (Archstone Inc.), Mortgage Note (American Realty Capital New York Recovery Reit Inc)
Payments Before Due Date. Any regularly scheduled monthly installment of principal and interest that is received by Lender before the date it is due shall be deemed to have been received on the due date solely for the purpose of calculating interest due.
Appears in 5 contracts
Samples: Purchase Money Note (Steadfast Income REIT, Inc.), Multifamily Note (Behringer Harvard Multifamily Reit I Inc), Master Credit Facility Agreement (Archstone Smith Operating Trust)
