Common use of Variable Rate Portion Clause in Contracts

Variable Rate Portion. Interest on the Variable Rate Portion shall be payable monthly on each Interest Payment Date, commencing on the first Interest Payment Date following the date of issuance of the Term Note.

Appears in 1 contract

Sources: Loan Agreement (Security Capital Corp/De/)

Variable Rate Portion. Interest on the Variable Rate Portion shall be payable monthly quarterly on each Interest Payment Date, commencing on the first Interest Payment Date following the date of issuance of the Tranche A Term Note.

Appears in 1 contract

Sources: Loan Agreement (Security Capital Corp/De/)

Variable Rate Portion. Interest on the Variable Rate Portion shall be payable monthly quarterly on each Interest Payment Date, commencing on the first Interest Payment Date following the date of issuance of the Substitute Term Note.

Appears in 1 contract

Sources: Loan Agreement (Security Capital Corp/De/)