Common use of Eurodollar Rate Advances Clause in Contracts

Eurodollar Rate Advances. If such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of the Eurodollar Rate for such Interest Period, plus the Applicable Margin for such Eurodollar Rate Advance in effect from time to time, payable on the last day of such Interest Period and, if such Interest Period for such Advance has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period; provided, however, that if and for so long as an Event of Default has occurred and is continuing, interest on the unpaid amount of each Eurodollar Rate Advance shall be payable on demand.

Eurodollar Rate Advances. If such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of the Eurodollar Rate for such Interest Period, plus the Applicable Margin for such Eurodollar Rate Advance in effect from time to time, interest thereon shall be payable on the last day of such Interest Period and, if such the Interest Period for such Advance has a duration of more than three months, on that day of each day that occurs third month during such Interest Period every three months from that corresponds to the first day of such Interest PeriodPeriod (or, if any such month does not have a corresponding day, then on the last day of such month); provided, however, provided that if and for so long as at any time an Event of Default has shall have occurred and is be continuing, interest on the unpaid amount of each Eurodollar Rate Advance shall be bear interest payable on demand, at a rate per annum equal at all times to the Default Rate.

Eurodollar Rate Advances. If such A Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each the Interest Period for such A Advance to the sum of the Eurodollar Rate for such Interest Period, plus the Applicable Margin for such Eurodollar Rate Advance in effect from time to timeAdvances, payable on the last day of such Interest Period and, if such Interest Period for such Advance has a duration of more than three months, on each day that occurs during such Interest Period every three months from the first day of such Interest Period; provided, however, that if and for so long as an Event of Default has occurred and is continuing, interest on the unpaid amount of each Eurodollar Rate Advance shall be payable on demand.