Calculation of Yield. During the Base Term under each Lease, the amount of the Equity Investment outstanding from time to time with respect to such Lease shall accrue Yield during each Payment Period at a rate per annum equal to the Yield Rate. Yield shall be payable in arrears on each Payment Date. For the avoidance of doubt, Xxxxx shall accrue on the Equity Investment until paid in full and any amount of the Equity Investment outstanding after the Base Term Expiration Date shall accrue interest at the Overdue Rate for the period commencing on the Base Term Expiration Date and ending on the date of repayment thereof.
Appears in 4 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
