Common use of Amount and Payment of Additional Interest Clause in Contracts

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) as a result of the Company’s failure to timely file any document or report that it is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (other than reports on Form 8-K), together with any Special Interest that accrues at the Company’s election pursuant to Section 7.03 for a Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Special Interest that accrues on such Note.

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) may accrue as a result of the Company’s failure to timely file any document or report (other than Form 8-K reports) that it the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange ActAct (after giving effect to all applicable grace periods thereunder), as applicable (other than reports on Form 8-K)pursuant to this Section 3.04, together with any Special Interest that accrues is payable at the Company’s election pursuant to Section 7.03 as the sole remedy for a any Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%), regardless of the number of events or circumstances giving rise to the requirements to pay additional interest or the accrual of special interest. For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, be in addition to any Special Interest that accrues on such Note.

Amount and Payment of Additional Interest. Subject to Except as provided in Section 3.04(C), any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) as a result of the Company’s failure to timely file any document or report that it is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (other than reports on Form 8-KInterest), together with any Special Interest that accrues at the Company’s election pursuant to Section 7.03 for a Reporting Event of DefaultInterest, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%), regardless of the number of events or circumstances giving rise to the requirement to pay such Additional Interest. For the avoidance of doubt, any Additional Interest that accrues on a Note pursuant to this Section 3.04 will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Special Interest that accrues on such NoteNote pursuant to Section 7.03.

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest may accrue pursuant to Section 3.04(C)) as a result of the Company’s failure to timely file any document or report that it is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (other than reports on Form 8-K3.04(A)(i)(1), together with any Special Interest that accrues is payable at the Company’s election pursuant to Section 7.03 as the sole remedy for a any Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%), regardless of the number of events or circumstances giving rise to the requirement to pay such Additional Interest or Special Interest. For the avoidance of doubt, any Additional Interest that accrues on a Note pursuant to this Section 3.04 will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, and in addition additional to any Special Interest that accrues on such NoteNote pursuant to Section 7.03.

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest may accrue pursuant to Section 3.04(C)) as a result of the Company’s failure to timely file any document or report that it is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (other than reports on Form 8-K3.04(A)(i)(1), together with any Special Interest that accrues is payable at the Company’s election pursuant to Section 7.03 as the sole remedy for a any Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%), regardless of the number of events or circumstances giving rise to the requirement to pay such Additional Interest or Special Interest. For the avoidance of doubt, any Additional Interest that accrues on a Note pursuant to this Section 3.04 will be in addition to the Stated Interest that accrues on such Note andNote, subject to the proviso of in the immediately preceding previous sentence, and in addition additional to any Special Interest that accrues on such Note.Note pursuant to Section 7.03. Table of Contents

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) may accrue as a result of the Company’s failure to timely file any document or report (other than Form 8-K reports) that it the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange ActAct (after giving effect to all applicable grace periods thereunder), as applicable (other than reports on Form 8-K)pursuant to this Section 3.04, together with any Special Interest that accrues is payable at the Company’s election pursuant to Section 7.03 as the sole remedy for a any Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%), regardless of the number of events or circumstances giving rise to the accrual of Special Interest or Additional Interest. For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, be in addition to any Special Interest that accrues on such Note.

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) as a result of the Company’s failure to timely file any document or report that it is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (other than reports on Form 8-K), together with any Special Interest that accrues at the Company’s election pursuant to Section 7.03 for a Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Special Interest that accrues on such Note.

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) may accrue as a result of the Company’s failure to timely file any document or report (other than Form 8-K reports) that it the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange ActAct (after giving effect to all applicable grace periods thereunder), as applicable (other than reports on Form 8-K)pursuant to this Section 3.04, together with any Special Interest that accrues is payable at the Company’s election pursuant to Section 7.03 as the sole remedy for a any Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, be in addition to any Special Interest that accrues on such Note.

Amount and Payment of Additional Interest. Subject to Except as provided in Section 3.04(C), (i) any Additional Interest that accrues on a Note pursuant to Section 3.04(A3.04(A)(i) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof and (ii) any Additional Interest that accrues on a Note pursuant to Section 3.04(A)(ii) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)Interest) that may accrue as a result of the Company’s failure to timely file any document or report (other than Form 8-K reports) that it is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange Act, as applicable (other than reports on Form 8-K), together with any Special Interest that accrues at the Company’s election pursuant to Section 7.03 for a Reporting Event of DefaultInterest, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%). For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, in addition to any Special Interest that accrues on such Note.

Amount and Payment of Additional Interest. Subject to Section 3.04(C), any Any Additional Interest that accrues on a Note pursuant to Section 3.04(A) will be payable on the same dates and in the same manner as the Stated Interest on such Note and will accrue at a rate per annum equal to one quarter of one percent (0.25%) of the principal amount thereof for the first ninety (90) days on which Additional Interest accrues and, thereafter, at a rate per annum equal to one half of one percent (0.50%) of the principal amount thereof; provided, however, that in no event will Additional Interest that accrues pursuant to this Section 3.04 (excluding any interest that accrues on any Deferred Additional Interest pursuant to Section 3.04(C)) may accrue as a result of the Company’s failure to timely file any document or report (other than Form 8-K reports) that it the Company is required to file with the SEC pursuant to Section 13 or 15(d) of the Exchange ActAct (after giving effect to all applicable grace periods thereunder), as applicable (other than reports on Form 8-K)pursuant to this Section 3.04, together with any Special Interest that accrues is payable at the Company’s election pursuant to Section 7.03 as the sole remedy for a any Reporting Event of Default, accrue on any day on a Note at a combined rate per annum that exceeds one half of one percent (0.50%), regardless of the number of events or circumstances giving rise to the requirements to pay Additional Interest or the accrual of Special Interest. For the avoidance of doubt, any Additional Interest that accrues on a Note will be in addition to the Stated Interest that accrues on such Note and, subject to the proviso of the immediately preceding sentence, be in addition to any Special Interest that accrues on such Note.