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Common use of Interest and Default Interest Clause in Contracts

Interest and Default Interest. No interest or default interest shall accrue on the subordinated loan under this Article.

Appears in 2 contracts

Sources: Loan Agreement (Mohegan Tribal Gaming Authority), Loan Agreement

Related Clauses

  • Interest and Default Rate
  • Default Interest
  • Post-Default Interest
  • Payment of accrued default interest
  • Compounding of default interest

Parent Clauses

  • AMOUNTS AND TERMS OF THE ADVANCES
  • Governing law
  • Amendment to the Issued Letter of Guarantee
  • Subordinated Loan
  • Conditions of Subordinated Loan

Sub-Clauses

  • DEFAULT INTEREST
  • Interest
  • Interest Rate
  • Interest Dates
  • BASIS OF COMPUTATION OF INTEREST; PAYMENT OF INTEREST
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