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Common use of Compounding of Interest Clause in Contracts

Compounding of Interest. Any interest payable on any amount hereunder will be calculated daily and compounded annually.

Appears in 2 contracts

Sources: Limited Partnership Agreement (EquityLine Capital (DELAWARE) LP), Limited Partnership Agreement (EquityLine Capital LLC)

Related Clauses

  • Compounding of default interest
  • Default Rate of Interest
  • Rates and Payment of Interest on Loans
  • Rate of Interest
  • Alternate Rate of Interest

Parent Clauses

  • Clause headings
  • Miscellaneous
  • Survival of representations and warranties
  • Payment of Principal and Interest
  • Interpretation

Sub-Clauses

  • Amounts payable on prepayment
  • Effect of notice of prepayment
  • Voluntary prepayment
  • Repayment of Loan
  • TRANSFER OF NET REVENUES TO THE PLEDGED PROJECT ACCOUNT
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