Common use of Capitalized Interest Clause in Contracts

Capitalized Interest. If and to the extent that the Lessee does not request an Advance to pay any Capitalized Interest, then the Lessee will pay the amount thereof to the Lessor on the last day of the Interest Period during which such Capitalized Interest has accrued.

Appears in 2 contracts

Sources: Master Lease and Security Agreement (Rite Aid Corp), Master Lease and Security Agreement (Rite Aid Corp)