Payment of accrued interest. In the case of an Interest Period longer than 3 months, accrued interest shall be paid every 3 months during that Interest Period and on the last day of that Interest Period.
Payment of accrued interest. The eligible financial institution shall pay the accrued interest on each December 31 to the participant.
Payment of accrued interest. Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan; provided that (i) interest accrued pursuant to paragraph (c) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion.
Payment of accrued interest. Accrued interest on the Senior First Lien Loans and the Senior Second Lien Loans shall be payable in arrears on each Interest Payment Date; provided that (i) interest accrued pursuant to paragraph (b) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment, and (iii) application of any payment of interest shall be subject to the priorities set forth herein and in the Agreement Among Lenders. Accrued interest on the Subordinated Loans shall accrue and be payable on the Maturity Date for the Subordinated Loans, provided that (i) interest accrued pursuant to paragraph (b) of this Section shall be payable on demand, (ii) in the event of any repayment or prepayment of any Loan, accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment, and (iii) application of any payment of interest shall be subject to the priorities set forth herein and in the Agreement Among Lenders.
Payment of accrued interest. OrthoPediatrics shall have paid (or caused to be paid) to Lender all accrued but unpaid interest under the existing term and revolving notes.
Payment of accrued interest. Each prepayment of principal of the Loans under this Section 2.09 shall be made together with interest accrued on the amount prepaid to the date of payment.
Payment of accrued interest. The Borrower shall pay accrued interest on the Loan or any part of the Loan on the last day of each Interest Period (and, if an Interest Period is longer than 3 months, on the dates falling at three (3) monthly intervals after the first day of the Interest Period).
Payment of accrued interest. Borrower shall pay to each Lender holding 2017 Existing Term Loans immediately prior to the Amendment Effective Date, all accrued and unpaid interest on the applicable Class or Classes of 2017 Existing Term Loans held by such Lender to, but not including, the Amendment Effective Date; and
Payment of accrued interest. All prepayments shall include payment of accrued interest on the principal amount so prepaid, shall be applied to payment of interest before application to principal, and shall be applied to the most remote principal installment or installments then unpaid (i.e., the principal balance due on the Maturity Date and then against installments due closest to the Maturity Date).
Payment of accrued interest. Accrued interest will remain in the trust account and will be paid out to the participant at the start of the leave of absence.
