Common use of Advance Amount Clause in Contracts

Advance Amount. The Advance Amount shall bear interest from the first date of the Interest Payment Period until such amount is paid in its entirety at a rate per annum equal to nine percent (9.0%).

Advance Amount. The Advance Amount shall bear interest from the first date of the Interest Payment Period until such amount is paid in its entirety at a rate per annum equal to nine and one-half percent (9.09.5%).