Common use of Program Interest Clause in Contracts

Program Interest. Interest will accrue on funds in the Program account at such times and at such rates determined by Lender. Lender may change the interest rate or accrual period from time to time without notice. The Program may provide for different interest rates for different categories of loans.

Appears in 5 contracts

Samples: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Renewable Energy Group, Inc.)

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Program Interest. Interest will accrue on funds in the Program account Account at such times and at such rates determined by Lender. Lender may change the interest rate or accrual period from time to time without notice. The Program may provide for different interest rates for different categories of loans.

Appears in 1 contract

Samples: Construction and Revolving Loan Agreement (United Wisconsin Grain Producers LLC)

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