Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: (i) in respect of each Base Rate Loan, monthly in arrears on the first Business Day of each calendar month; (ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that are successively three months after the commencement of such Interest Period; and (iii) in respect of all Loans, on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), and, after such maturity.
Appears in 4 contracts
Samples: Credit Agreement (Preferred Apartment Communities Inc), Credit Agreement (Preferred Apartment Communities Inc), Credit Agreement (Preferred Apartment Communities Inc)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: payable:
(i) in respect of each Base Rate Loan, monthly quarterly in arrears on the first last Business Day of each calendar month; March, June, September and December,
(ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that are successively three months after the commencement of such Interest Period; and , and
(iii) in respect of all Loans, on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 2 contracts
Samples: Credit Agreement (American Dental Partners Inc), Credit Agreement (American Dental Partners Inc)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: (i) in respect of each Base Rate Loan, monthly quarterly in arrears on the first last Business Day of each calendar month; quarter, (ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that are successively three months after the commencement of such Interest Period; Period and (iii) in respect of all Loans, Loans on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), and, after such maturitymaturity or, in the case of any interest payable pursuant to Section 2.06(b), on demand.
Appears in 2 contracts
Samples: Term Loan Agreement (Cooper Companies Inc), Term Loan Agreement (Cooper Companies Inc)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing a Loan to but excluding the date of any prepayment or repayment thereof and shall be payable by in the Borrower: case of any Loan, (i) in respect of each Base which is a Prime Rate Loan, monthly in arrears on the first Business Day of each calendar month; , (ii) in respect of each which is a Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that which are successively three months after the commencement of such Interest Period; , and (iii) in respect of all Loans, on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 2 contracts
Samples: Credit Agreement (Mechanical Technology Inc), Credit Agreement (Mechanical Technology Inc)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: payable:
(i) in respect of each Base Rate Loan, monthly quarterly in arrears on the first last Business Day of each calendar month; December, March, June and September,
(ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that are successively three months 90 days after the commencement of such Interest Period; and , and
(iii) in respect of all Loans, on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 1 contract
Samples: Term Loan Agreement (DPL Inc)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: payable:
(i) in respect of each Base Prime Rate Loan, monthly quarterly in arrears on the first last Business Day of each calendar monthMarch, June, September and December; and
(ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that which are successively three months after the commencement of such Interest Period; and and
(iii) in respect of all Loans, on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 1 contract
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: (i) in respect of each Base Prime Rate Loan, monthly quarterly in arrears on the first last Business Day of each calendar month; March, June, September and December, (ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, and in the case of an Interest Period in excess of three months, on the dates that which are successively three months after the commencement of such Interest Period; , and (iii) in respect of all Loanseach Loan, on any repayment, prepayment or Conversion conversion (on the amount repaid, prepaid or Convertedconverted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 1 contract
Samples: Credit Agreement (Royal Appliance Manufacturing Co)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by the Borrower: payable
(i) in respect of each Base Prime Rate Loan, monthly quarterly in arrears on the first Business Day of each calendar month; April, July, October and January;
(ii) in respect of each Eurodollar Loan, on the last day of each Interest Period applicable thereto and, and in the case of an Interest Period in excess of three months, on the dates that which are successively three months after the commencement of such Interest Period; and and
(iii) in respect of all Loanseach Loan, on any repayment, prepayment or Conversion (on the amount repaid, prepaid or Converted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 1 contract
Samples: Credit Agreement (Royal Appliance Manufacturing Co)
Accrual and Payment of Interest. Interest shall accrue from and including the date of any Borrowing to but excluding the date of any prepayment or repayment thereof and shall be payable by payable:
(i in the Borrower: (i) in respect case of each Base any Prime Rate Loan, monthly quarterly in arrears on the first last Business Day of each calendar month; March, June, September and December, (ii) ii in respect the case of each any Eurodollar Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on the dates that which are successively three months after the commencement of such Interest Period; , and (iii) iii in respect of all Loanseach Loan, on any repayment, prepayment or Conversion conversion (on the amount repaid, prepaid or Convertedconverted), at maturity (whether by acceleration or otherwise), ) and, after such maturity, on demand.
Appears in 1 contract
Samples: Credit Agreement (Cedar Fair L P)