The terms are the funded amount minus the stated fees. No part of that mentions any interest accrued during due diligence and presentation of the termsheet... but what isn't explicitly mentioned is not included, so what interest there is will be theirs.
The terms are the funded amount minus the stated fees. No part of that mentions any interest accrued during due diligence and presentation of the termsheet... but what isn't explicitly mentioned is not included, so what interest there is will be theirs.