Release of accrued interest Sample Clauses

Release of accrued interest. Interest accruing under Clause 18.5 shall be released to the Borrower on each interest payment date unless an Event of Default or a Potential Event of Default has occurred or the then credit balance on the Retention Account is less than what would have been the balance had the full amount required by Clause 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous month.
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Release of accrued interest. Interest accruing under Clause 18.5 shall be credited to the relevant Account and may be released to the Borrower pursuant to Clause 18.10.
Release of accrued interest. Interest accruing under Clause 17.3 shall be freely available to the Borrowers.
Release of accrued interest. Interest accruing under Clause 17.6 shall be released to the Borrowers on each Repayment Date unless an Event of Default or a Potential Event of Default has occurred or the then credit balance on the Retention Account is less than what would have been the balance had the full amount required by Clause 17.3 been transferred in that and each previous month.
Release of accrued interest. Interest accruing under Clause 27.7 (Interest accrued on Retention Account) shall be credited to the Retention Account and, to the extent not applied previously pursuant to Clause 27.6 (Application of retentions), shall be released to the Borrowers at the end of the Security Period.
Release of accrued interest. Interest accruing under Clause 16.3 shall be freely available to the Borrower.
Release of accrued interest. Interest accruing under Clause 24.3 (Interest accrued on Cash Reserve Account) shall be credited to the Cash Reserve Account and shall be released to the Guarantor provided that no Event of Default is continuing.
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Release of accrued interest. Interest accruing under Clause 17.3 shall be credited to the Earnings Accounts (or any of them) monthly unless an Event of Default or Potential Event of Default has occurred.
Release of accrued interest. Interest accruing under Clause 18.6 (Application of retentions) on the Retention Account shall remain on the Retention Account and shall not be released to the Borrowers until the end of the Security Period.
Release of accrued interest. In the case of the Earnings Account relative to the Primary Ship, interest accruing under Clause 17.2 shall be freely available to the relevant Owner.
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