Common use of Monthly Interest Clause in Contracts

Monthly Interest. The Borrower shall make, on each Payment Date, monthly payments of accrued interest in arrears on the outstanding principal balance of the Aggregate Revolving Advances.

Appears in 1 contract

Sources: Loan Agreement (Edgewater Technology Inc/De/)

Monthly Interest. The Borrower shall make, on each Payment Date, make monthly payments of accrued interest in arrears on the outstanding principal balance of the Aggregate Revolving AdvancesAdvances as set forth in the Revolving Note.

Appears in 1 contract

Sources: Credit Agreement (Kingsway Financial Services Inc)