Common use of Release of accrued interest Clause in Contracts

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.

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.

Release of accrued interest. Interest accruing on each Account under Clause 18.5 shall be released to the Borrower Borrowers on each interest payment date Repayment Date unless an Event of Default or a Potential Event of Default has occurred or or, in the case of the Retention Account and the Swap Account, the then credit balance on the Retention Account thereon 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.

Release of accrued interest. Interest accruing on each Account under Clause 18.5 18.3 shall be released to the Borrower on each interest payment date Repayment Date unless an Event of Default or a Potential Event of Default has occurred or the then credit balance on the Retention Account thereon 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 debited to that and each previous monthAccount.

Release of accrued interest. Interest accruing on each Account under Clause 18.5 shall be released to the Borrower Borrowers on each interest payment date Repayment Date unless an Event of Default or a Potential Event of Default has occurred or or, in the case of the Retention Account, the then credit balance on the Retention Account thereon is less than what would have been the balance had the full amount required by Clause 18.2 (and Clause 18.3, if applicable) 18.3 been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 shall be released to the Borrower on each interest payment date 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 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 17.5 shall be released to the Borrower on each interest payment date 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 18.2 17.1 (and Clause 18.317.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 18.4 shall be released to the Borrower on each interest payment date 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 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing on each Earnings Account under Clause 18.5 18.1 shall be released to the Borrower Borrowers on each interest payment date 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 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous monthoccurred.

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 Reserve 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.

Release of accrued interest. Interest accruing on each Account under Clause 18.5 18.6 shall be released to the Borrower Borrowers on each interest payment date Repayment Date unless an Event of Default or a Potential Event of Default has occurred or or, in the case of the Retention Account, the then credit balance on the Retention Account thereon is less than what would have been the balance had the full amount required by Clause 18.2 18.3 (and Clause 18.318.4, if applicable) been transferred in that and each previous month.

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 18.3I 8.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 18.6 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 or, in the case of the Retention Account only, 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.

Release of accrued interest. Interest accruing on each Account under Clause 18.5 shall be released to the Borrower Borrowers on each interest payment date Repayment Date unless an Event of Default or a Potential Event of Default has occurred or or, in the case of the Retention Account and the Swap Account, the then credit balance on the Retention Account thereon is less than what would have been the balance had the full amount required by Clause 18.1 and 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 17.5 on the Retention Account shall be released to the Borrower Borrowers on each interest payment date 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 18.2 17.2 (and Clause 18.317.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 17.5 shall be released to the Borrower Borrowers on each interest payment date 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 18.2 17.2 (and Clause 18.317.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 19.5 shall be released to the Borrower on each interest payment date 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 18.2 19.2 (and Clause 18.319.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 18.2 shall be released to the Borrower Borrowers on each interest payment date 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 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous monthoccurred.

Release of accrued interest. Interest accruing under Clause 18.5 shall be released to the Borrower Borrowers on each interest payment date 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 18.2 (and Clause 18.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 17.5 shall be released to the Borrower on each interest payment date 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 18.2 17.2 (and Clause 18.317.4, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 17.5 shall be released to the Borrower on each interest payment date 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 18.2 17.2 (and Clause 18.317.3, if applicable) been transferred in that and each previous month.

Release of accrued interest. Interest accruing under Clause 18.5 17.5 shall be released to the Borrower Borrowers on each interest payment date Repayment Date unless an Event of Default or a Potential Event of Default has occurred or the then credit balance on the relevant Retention Account is less than what would have been the balance had the full amount required by Clause 18.2 17.2 (and Clause 18.317.3, if applicable) been transferred in that and each previous month.