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Base Interest Sample Clauses

Base InterestBorrower shall have no obligation to accrue or pay Base Interest at any time.
Base InterestPayments 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. 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. 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") 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 subsection 3.2B(ii), the unpaid principal amount of the Notes shall bear interest at a base rate of fourteen percent (14.0%) per annum (such interest is referred to herein as the “Base Interest”) payable in arrears on and to each Payment Date; provided that, Base Interest equal to no more than six percent (6.0%) per annum may be added to the unpaid principal of the Notes on the applicable Payment Date, in lieu of payment in cash, solely to the extent that the sum of cash on hand at Issuer (including without limitation cash held in the Equity Distribution Account and Available Cash Flow) is not sufficient to enable Issuer to pay all Base Interest in cash. All amounts of Base Interest added to the principal of the Notes pursuant to this subsection 3.2B(i) shall bear interest as provided herein, be payable as provided in Section 3.3 and be due and payable on the Maturity Date or any accelerated maturity.
Base Interest. The unpaid principal amount of each Note will bear interest at the applicable Base Interest Rate. Principal and interest for each Note at the Base Interest Rate shall be payable in arrears in equal consecutive monthly installments commencing on the first day of the second month following the month in which the Closing of the Loan occurs, or the first Business Day preceding such date if such date is not a Business Day, and continuing on the first 01/514412.5 Arby's 15 day of each month thereafter, or the first Business Day preceding such date if such date is not a Business Day, until maturity on the Maturity Date, at which time the then outstanding principal and unpaid accrued interest shall be due and payable. Debtor shall pay FFCA at the applicable Closing interest for the corresponding Note at the Base Interest Rate accruing for the period of time from the Closing Date through the last day in the month during which the Closing occurs.
Base Interest. Base Interest on the outstanding principal of the Term Loan shall accrue at the rate of 12% per annum, based on a year of 360 days, for the number of days actually elapsed. Base Interest shall be payable monthly in arrears on the first day of each month, commencing with the first day of the first month after the date hereof, and on the Maturity Date.
Base Interest. The unpaid principal amount of the Payment Obligations shall bear interest, from the Effective Date of this Agreement until the earlier of (a) payment in full and (b) the commencement (if any) of the Orderly Liquidation Period, at an annual rate of twelve percent (12%), calculated on the basis of a 360-day year ("Base Interest").