Base Interest Sample Clauses
Base Interest. Payments of Base Interest shall be paid monthly, on the first Business Day of each month in arrears.
Base Interest. Unless an Event of Default has occurred and is continuing (or as may otherwise be agreed with respect to any Incremental Term Loans in accordance with Section 2.3(d)), the outstanding principal amount of the Loan and all other accrued but unpaid Obligations bear interest as set forth in this Section 3.2(a). Borrower shall pay to the Lender, monthly in arrears, accrued interest in lawful money of the U.S. paid by wire transfer or ACH payment, on the first Business Day of each calendar month (the “Monthly Payment Date”) at a per annum rate equal to the Applicable Interest Rate, provided, that Borrower shall cooperate with Agent to establish an automatic monthly ACH debit which may be initiated by Lender on the Monthly Payment Date (or any past-due date) in the amount of the interest amount then due and owing. Any accrued interest which for any reason has not theretofore been paid is due and payable in full on the Maturity Date.
Base Interest. Those invoices objected by any of the parties shall be reviewed by both parties in order to determine the effective payable amount within a term not exceeding 60 (sixty) calendar days, as of the date when written notice of the corresponding objection is received. Such objection shall not be enforceable if it is not made within the 18 (eighteen) calendar days following the date when corresponding invoice is received, or if it is not made
Base Interest. Interest shall accrue in arrears on the outstanding principal balance of the Loans at an annual rate of 9.5% ("BASE INTEREST"), and shall be due and payable with respect to each calendar quarter (the "Current Quarter") as soon as practicable after, and in any event within 30 days of, the close of the Current Quarter to the extent of Cash Available for Debt Service for the Current Quarter and to the extent not paid shall accrue and be added to principal and shall thereafter bear Base Interest as set forth above. All outstanding principal and accrued Base Interest shall be due and payable on the Maturity Date.
Base Interest. Subject to the provisions of Section 3.2B, the unpaid principal amount of the Notes shall bear interest from and after the Amendment and Restatement Closing Date at a base rate of twenty percent (20%) per annum (such interest is referred to herein as the “Base Interest”), which shall be payable in cash on each Interest Payment Date in arrears.
Base Interest. The interest that would otherwise accrue on the Notes under the terms thereof and the Indenture, without giving effect to the provisions of this Agreement.
Base Interest. Simple interest rate of 5.5% per annum on the Outstanding Amount, which shall accrue daily and is calculated on the basis of the actual number of days elapsed (first and last days inclusive) and a year of 365 days. New Alternative shall pay accrued Base Interest on the last Business Day of each quarter (being March, June, September and December), beginning from the quarter New Alternative or any SPV receives any return from the Investments until all Base Interest to which YF Life is entitled under the AHF/I Agreement is paid. However, New Alternative is not obligated to pay any Base Interest due in full in any quarter provided that the full amount of return from the Investments received by New Alternative or any SPV by the relevant quarter has been paid to YF Life.
Base Interest. From and after the date hereof the Principal Balance shall bear interest at an annual rate of eleven percent (11.0%). The annual rate in effect with respect to this Note is hereafter referred to as the “Base Interest.”
Base Interest. Subject to the provisions of Section 3.2(b), the unpaid principal amount of the Note(s) (as increased from time to time by Deferred Base Interest that is paid in kind as described in Section 3.2(c)) shall bear interest from the date advanced at a rate equal to the Base Interest Rate payable in arrears on and to each Payment Date (such interest is referred to herein as the “Base Interest”).