General Interest Provisions. The following provisions shall apply in respect of interest payable under this Agreement:
General Interest Provisions. (a) In the event of any dispute, disagreement or adjudication involving or pertaining to the determination of the Prime Rate, USBR, LIBOR or CDOR Rate in effect at any time, the certificate of the Agent as to such rate shall be accepted as prima facie evidence thereof for all purposes of this Agreement.
General Interest Provisions. In the event that any Legal Requirement, any change therein or in the interpretation or application thereof, or compliance by Lender with any request or directive (whether or not having the force of law) from any central bank or other Governmental Authority:
General Interest Provisions. (a) Each determination by the Agent of the Prime Rate, US Base Rate, CDOR Rate or LIBO Rate in effect at any time shall be prima facie evidence thereof for all purposes of this Agreement, absent manifest error.
General Interest Provisions. (i) Borrowers shall pay interest to Agent on the aggregate outstanding Revolving Credit Loans in each case from time to time outstanding, for the ratable benefit of Lenders in accordance with the various Loans being made by each Lender, in arrears on each applicable Interest Payment Date, at the following rate: with respect to the Revolving Credit Loans either (i) a floating rate equal to the Chase Manhattan Bank Rate plus one quarter of one percent (0.25%) (the "Prime Option") or (b) a fixed rate for interest periods of one-, two-, three- or six whole months (each, a "LIBOR Period") equal to the reserve adjusted LIBOR for the specified period plus two and one quarter percent (2.25%) (the "LIBOR Option"). The LIBOR Option may be exercised by the Borrowers for all, or any portion, of the outstanding amounts under the Revolving Credit Facility at any time upon three (3) Business Day's prior written notice pursuant to Section 2.2 hereof. Upon such exercise, the LIBOR Option shall remain in effect until the expiration of the LIBOR Option Period selected, at which time, unless an additional LIBOR Option shall have been timely exercised, the rate hereunder upon expiration shall be the Prime Option. The Borrowers shall not be entitled to select a LIBOR Option under the Revolving Credit Facility if a Default or Event of Default exists hereunder. In the event of any change in the Chase Manhattan Bank Rate, the rate of the Prime Option shall change as of the first day of the first month following such change.
General Interest Provisions. The Borrowers, jointly and severally, agree to pay interest to Agent, for the ratable benefit of the Lenders, on the Revolving Credit Loans from time to time outstanding from the date of such loan(s) until such principal amount shall be paid in full, at the following rates per annum.
General Interest Provisions. (a) All interest payable hereunder shall be paid in Dollars.
General Interest Provisions. It is the intention of the Company and the Purchaser to conform strictly to the Applicable Interest Law (as defined below). Accordingly, it is agreed that, notwithstanding any provisions to the contrary in this Agreement or in the Notes, the aggregate of all interest, and any other charges or consideration constituting interest under the Applicable Interest Law that is taken, reserved, contracted for, charged or received pursuant to this Agreement or the Notes shall under no circumstances exceed the maximum amount of interest allowed by the Applicable Interest Law. If any such excess interest is ever charged, received or collected on account of or relating to this Agreement and the Notes (including any charge or amount which is not denominated as "interest" but is legally deemed to be interest under Applicable Interest Law), then in such event
General Interest Provisions. (a) Notwithstanding anything in this Bond, the Indenture, or the Loan Agreement to the contrary, accrued interest shall be payable in arrears on each Payment Date for all unpaid and accrued interest on that Payment Date and upon maturity of the Loan for all unpaid accrued interest then due; provided that default interest which has accrued shall be payable on demand.
General Interest Provisions. 12 2.3.1 Interest Rate...................12 2.3.2
