Common use of Determination of Interest Clause in Contracts

Determination of Interest. (a) Each Purchaser Agent shall determine such Purchaser’s Interest Rate and the Interest (including unpaid Interest, if any, due and payable on a prior Payment Date) to be paid by the Seller with respect to each Advance on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date. (b) Each Additional Agent shall determine such Additional Purchaser’s Interest Rate and Interest (including unpaid Interest related to such Interest Rate, if any, due and payable to a prior Payment Date) to be paid by the Seller with respect to each Advance on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date.

Determination of Interest. (a) Each Purchaser Agent shall determine such Purchaser’s Interest Rate and the Interest (including unpaid Interest, if any, due and payable on a prior Payment Date) to be paid by the Seller Sellers with respect to each the Advance outstanding on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third fifth (3rd5th) Business Day prior to such Payment after the related Determination Date. (b) Each Additional Agent shall determine such Additional Purchaser’s Interest Rate and Interest (including unpaid Interest related to such Interest Rate, if any, due and payable to a prior Payment Date) to be paid by the Seller Sellers with respect to each the Advance outstanding on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date.

Determination of Interest. (a) Each Purchaser Agent shall determine such Purchaser’s Interest CP Rate and the Interest (including unpaid Interest, if any, due and payable on a prior Payment Date) to be paid by the Seller with respect to each Advance Advance, as applicable, on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date. (b) Each Additional Agent shall determine such Additional Purchaser’s Interest CP Rate and Interest (including unpaid Interest related to such Interest CP Rate, if any, due and payable to a prior Payment Date) to be paid by the Seller with respect to each Advance on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date.

Determination of Interest. (a) Each Purchaser Agent shall determine such Purchaser’s Interest CP Rate and the Interest (including unpaid Interest, if any, due and payable on a prior Payment Date) to be paid by the Seller with respect to each Advance on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date. (b) Each Additional Agent shall determine such Additional Purchaser’s Interest CP Rate and Interest (including unpaid Interest related to such Interest CP Rate, if any, due and payable to a prior Payment Date) to be paid by the Seller with respect to each Advance on each Payment Date for the related Accrual Period and shall advise the Servicer thereof on or before the third (3rd) Business Day prior to such Payment Date.