Common use of Interest Generally Clause in Contracts

Interest Generally. The outstanding principal amount of the Loans shall accrue interest from the date made to repayment (whether by acceleration or otherwise and whether voluntary or mandatory) at the Interest Rate.

Appears in 10 contracts

Sources: Credit Agreement and Guaranty (BioXcel Therapeutics, Inc.), Credit Agreement (Marinus Pharmaceuticals, Inc.), Credit Agreement (BioXcel Therapeutics, Inc.)

Interest Generally. The outstanding principal amount of the Loans shall accrue interest from the date made to (but excluding) the date of repayment (whether by acceleration or otherwise and whether voluntary or mandatory) at the Interest Rate.

Appears in 6 contracts

Sources: Credit Agreement and Guaranty (Verona Pharma PLC), Credit Agreement (Fractyl Health, Inc.), Credit Agreement (Seres Therapeutics, Inc.)

Interest Generally. The outstanding principal amount of the Loans shall accrue interest from the date made to until the date of repayment (whether by acceleration or otherwise and whether voluntary or mandatory) at the Interest Rate.

Appears in 3 contracts

Sources: Credit Agreement and Guaranty (Harrow, Inc.), Credit Agreement (Harrow Health, Inc.), Credit Agreement (Harrow Health, Inc.)

Interest Generally. The outstanding principal amount of the Loans shall accrue interest from the date made (or deemed made) to repayment (whether by acceleration or otherwise and whether voluntary or mandatory) at the Interest Rate. The Administrative Agent’s determination of the applicable Interest Rate shall be binding on the Borrower, its Subsidiaries and the Lenders in the absence of manifest or demonstrable error.

Appears in 1 contract

Sources: Super Priority Senior Secured Priming Debtor in Possession Credit Agreement (Tpi Composites, Inc)