Eurocurrency Advances. Each Eurocurrency Advance shall bear interest during its Interest Period equal to at all times the Eurocurrency Rate for such Interest Period plus the Applicable Margin for Eurocurrency Advances for such period. The Canadian Borrower shall pay to the Canadian Administrative Agent for the ratable account of each Canadian Lender all accrued but unpaid interest on each of such Canadian Lender’s Eurocurrency Advances on the last day of the Interest Period therefor (provided that for Eurocurrency Advances with six month Interest Periods or 12 month Interest Periods, accrued but unpaid interest shall also be due (i) on the day three months from the first day of such Interest Period and (ii) in the case of a 12 month Interest Period, on the day six months and nine months from the first day of such Interest Period), on the date any Eurocurrency Advance is repaid in full, and on the Maturity Date. The US Borrower shall pay to the US Administrative Agent for the ratable benefit of each US Lender all accrued but unpaid interest on each of such US Lender’s Eurocurrency Advances on the last day of the Interest Period therefor (provided that for Eurocurrency Advances with six month Interest Periods, accrued but unpaid interest shall also be due on the day three months from the first day of such Interest Period), on the date any Eurocurrency Advance is repaid in full, and on the Maturity Date.
Eurocurrency Advances. If such Committed Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Committed Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Interest Period; PROVIDED that any amount of principal which is not paid when due (whether at stated maturity, by acceleration or otherwise) shall bear interest, from the date on which such amount is due until such amount is paid in full, payable on demand, at a rate per annum equal at all times to 2% per annum above (x) if the originally scheduled Interest Period shall then be in effect, the sum of the Eurocurrency Rate plus the Applicable Eurocurrency Margin then in effect with respect to such A Advance, and (y) in all other cases, the Base Rate in effect from time to time. "APPLICABLE EUROCURRENCY MARGIN" means, in respect of any Eurocurrency Advance (unless such Eurocurrency Advance is a Local Currency Advance and the applicable Local Currency Addendum specifies a different Applicable Margin or Margins), a rate per annum determined as of the first day of the Interest Period for such Eurocurrency Advance in reference to the table set forth below on the basis of the Credit Ratings at such time. Applicable Eurocurrency Margin Credit Rating (Rate per Annum) ------------- ------------------- A or better (S&P) OR A2 or better (Xxxxx'x) 0.155% Below A (S&P) and A2 (Xxxxx'x) but A- (S&P) OR A3 (Xxxxx'x) 0.165% Below A- (S&P) and A3 (Xxxxx'x) but BBB+ (S&P) OR Baa1 (Xxxxx'x) 0.210% Below BBB+ (S&P) and Baa1 (Xxxxx'x) but BBB (S&P) OR Baa2 (Xxxxx'x) 0.265% Below BBB (S&P) and Baa2 (Xxxxx'x) but BBB- (S&P) AND Baa3 (Xxxxx'x) 0.350% Below BBB- (S&P) OR Baa3 (Xxxxx'x) 0.500% If, on the first day of the Interest Period for any Eurocurrency Advance, the Company shall not have Credit Ratings from both S&P and Xxxxx'x, the Credit Ratings of the Company, for purposes of this SECTION 2.07(b), shall be deemed to be below BBB- (S&P) and below Baa3 (Xxxxx'x) during such period. In addition, and notwithstanding the foregoing chart, if the Credit Rating of the Company from S&P is more than one level higher or lower than the equivalent Credit Rating of the Company from Xxxxx'x at such time, then the Applicable Eurocurrency...
Eurocurrency Advances. If any Change in Law shall:
(i) impose, modify, or deem applicable any reserve, special deposit, assessment, or similar requirement (other than by way of imposition or increase of reserve requirements included in the Eurocurrency Reserve Percentage) relating to any extensions of credit or other assets of, or any deposits with or other liabilities or commitments of, financial institutions generally, including such Lender (or its applicable Lending Office), including the Commitments of such Lender hereunder;
(ii) subject any Recipient to any Tax (other than (A) Indemnified Taxes, (B) Taxes described in clauses (b) through (f) of the definition of “Excluded Taxes” and (C) Other Connection Taxes) on its Advances, principal of its Advances, Letters of Credit, Commitments, or other obligations, or its deposits, reserves, other liabilities or capital attributable thereto; or
(iii) impose on financial institutions generally, including such Lender (or its applicable Lending Office), or on the London interbank market any other condition affecting this Agreement or its Notes or any of such extensions of credit or liabilities or commitments; and the result of any of the foregoing is to increase the cost to such Lender (or its applicable Lending Office) of making, Converting into, continuing, or maintaining any Eurocurrency Advances or accepting and purchasing any B/A Advance (or of maintaining its obligation to make or accept and purchase any such Advance), or to reduce any sum received or receivable by such Lender (or its applicable Lending Office) under this Agreement or its Notes with respect to any Eurocurrency Advances or any B/A Advances, then the applicable Borrower shall pay to such Lender within three Business Days after written demand made by such Lender such amount or amounts as such Lender determines in good faith to be necessary to compensate such Lender for such increased cost or reduction.
Eurocurrency Advances. Any Eurocurrency Advances may be continued as such upon the expiration of the then current Interest Period with respect thereto by the relevant Borrower giving the Administrative Agent at least three Business Days’ prior irrevocable notice (which notice must be received by the Administrative Agent prior to 10:00 a.m., Eastern Standard Time, in the case of continuations by the Company or the Canadian Borrower and prior to 10:00 a.m., London time, in the case of continuations by any other Borrower) of such election and specifying the duration of the Interest Period applicable thereto, provided, that if the relevant Borrower shall fail to give such notice, such Eurocurrency Advance shall be automatically continued for an Interest Period of one month provided that such continuation would not extend the Interest Period beyond the Facility Termination Date.
Eurocurrency Advances. Each Eurocurrency Advance shall bear interest during its Interest Period equal to at all times the Eurocurrency Rate for such Interest Period plus the Applicable Margin for Eurocurrency Advances for such period. Borrower shall pay to Administrative Agent for the ratable benefit of each Lender all accrued but unpaid interest on each of such Lender’s Eurocurrency Advances on the last day of the Interest Period therefor (provided that for Eurocurrency Advances with six month Interest Periods, accrued but unpaid interest shall also be due on the day three months from the first day of such Interest Period), on the date any Eurocurrency Advance is repaid in full, and on the Maturity Date.
Eurocurrency Advances. If such Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Advance to the sum of (x) the Eurocurrency Rate for such Interest Period and (y) the Applicable Eurocurrency Rate Margin in effect from time to time, payable, in arrears, on the last day of such Interest Period and if such Interest Period has a duration of more than three months, then on each day which occurs during such Interest Period every three months from the first day of such Interest Period.
Eurocurrency Advances. If such Revolving Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Interest Period for such Revolving Advance to the sum of the Eurocurrency Rate for such Interest Period plus the Applicable Eurocurrency Margin, payable on the last day
Eurocurrency Advances. Subject to Section 2.08(c), if such Committed Advance is a Eurocurrency Advance, a rate per annum equal at all times during the Eurocurrency Interest Period for such Committed Advance to the sum of the Eurocurrency Rate for such Eurocurrency Interest Period plus the Applicable Margin payable on the last day of such Eurocurrency Interest Period and, if such Eurocurrency Interest Period has a duration of more than three months, on each day which occurs during such Interest Period every three months from the first day of such Eurocurrency Interest Period.
Eurocurrency Advances. Each Eurocurrency Advance shall bear interest during its Interest Period equal to at all times the Eurocurrency Rate for such Interest Period plus the Applicable Margin for Eurocurrency Advances for such period. The Canadian Borrower shall pay to the Canadian Administrative Agent for the ratable benefit of each Canadian Lender all accrued but unpaid interest on each of such Canadian Lender’s Eurocurrency Advances on the last day of the Interest Period therefor, on the date any Eurocurrency Advance is repaid in full, and on the Maturity Date. The US Borrower shall pay to the US Administrative Agent for the ratable benefit of each US Lender all accrued but unpaid interest on each of such US Lender’s Eurocurrency Advances on the last day of the Interest Period therefor, on the date any Eurocurrency Advance is repaid in full, and on the Maturity Date.
Eurocurrency Advances. The Advances constituting each Eurocurrency Borrowing shall bear interest at a rate per annum equal to the Adjusted LIBO Rate for the Interest Period for such Borrowing plus the Applicable Margin.
