Common use of Release of accrued interest Clause in Contracts

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 17.6 17.5 shall be released to the Borrowers Borrower 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 17.2 (and Clause 17.3, if applicable) been transferred in that and each previous month.