Common use of Payments to the Lender Clause in Contracts

Payments to the Lender. In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.

Appears in 3 contracts

Samples: Master Guarantee Agreement, Master Guarantee Agreement, Master Guarantee Agreement

AutoNDA by SimpleDocs

Payments to the Lender. In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.

Appears in 1 contract

Samples: Master Guarantee Agreement

AutoNDA by SimpleDocs

Payments to the Lender. In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the related Approved Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.

Appears in 1 contract

Samples: Master Guarantee Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!