Common use of Accrued Interest Payment Clause in Contracts

Accrued Interest Payment. At Lender's option, Lender may advance Loan proceeds to pay the accrued interest on the Loan.

Appears in 1 contract

Sources: Loan Agreement (Balanced Care Corp)

Accrued Interest Payment. At Lender's ’s option, Lender may advance Loan proceeds to pay the accrued interest on the LoanLoan that is then due and payable.

Appears in 1 contract

Sources: Loan Agreement (Windrose Medical Properties Trust)