Common use of Payments to the Lender Clause in Contracts

Payments to the Lender. In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.

Appears in 3 contracts

Sources: Master Guarantee Agreement, Master Guarantee Agreement, Master Guarantee Agreement

Payments to the Lender. In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the related Approved Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.

Appears in 1 contract

Sources: Master Guarantee Agreement

Payments to the Lender. In each Transaction, the Lender shall require that, on each Interest Payment Date, the Borrower shall pay interest on all amounts disbursed and outstanding from time to time under the Credit, calculated at an interest rate per annum equal to the relevant Guaranteed Interest Rate.

Appears in 1 contract

Sources: Master Guarantee Agreement