Additional Interest
Additional Interest. All liquidated damages, break funding losses and other losses, claims, damages or other amounts payable by the Borrower to a Lender under any Interest Rate Protection Product, if any, including, without limitation, any amounts payable by reason of an early termination of any Interest Rate Protection Product, which amounts shall be considered interest on the principal amount secured by the Mortgage (without duplication of Funding Losses).
Found in
Clipper Realty Inc. contract
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