Incremental Interest and Fees Sample Clauses

Incremental Interest and Fees. 37 4.7 Interest on Unpaid Costs and Expenses.......................... 38
Sample 1
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Incremental Interest and Fees. The applicable Basis Points or incremental Basis Points payable in respect of Loans shall be as set forth below in the column setting forth the Total Senior Debt/EBITDA ratio as calculated pursuant to Section 8.1(l) (ii). The applicable Basis Points or incremental Basis Points payable shall be effective and, if necessary, adjusted, from the day the Compliance Certificate is required to be delivered pursuant to Section 8.1(d)(iii). For the period from the Effective Date until the Compliance Certificate is required to be delivered in respect of the Fiscal Quarter ended September 30, 1998, the applicable Basis Points or incremental Basis Points in respect of Loans shall be as set forth in the column where the Total Senior Debt/EBITDA Ratio is 2.5 to less than 3.0. Total Senior Debt/EBITDA Ratio ------------------------------------------------------------------------------------- Less than 2.0 2.0 to less 2.5 to less 3.0 to less 3.5 and greater than 2.5 than 3.0 than 3.5 ------------- ----------- ----------- ----------- --------------- Interest Rates and Fees Prime Rate Drawxxxxx 0 xx 0 xx 0 xx 0 xx 0 xx (Prime Rate plus) Base Rate Drawxxxxx 0 xx 0 xx 0 xx 0 xx 0 xx (Base Rate plus) Bankers' Acceptances 50 bx 00 xx 000 xx 125 bp 137.50 bp (Stamping Fee) LIBOR Drawdowns 50 bx 00 xx 000 xx 125 bp 137.50 bp (Libor Rate plus) Letters of Credit 50 bx 00 xx 000 xx 125 bp 137.50 bp Commitment Fee 10 bp 12.50 bp 00 xx 00 xx 00 xx
Sample 1
Incremental Interest and Fees. 40 4.7 Interest on Unpaid Costs and Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 4.8 Annual Rates of Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 4.9 Commitment Fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 4.10 Limitation on Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 4.11
Sample 1
Incremental Interest and Fees. Until, pursuant to Section 5.2, the aggregate of the Lenders' Commitment Amounts and principal amount of the Loans made by the Lenders under the Facility has been reduced to U.S. $500,000,000, the applicable Basis Points or incremental Basis Points payable in respect of Loans shall be as set forth below: Prime Rate Drawdowns 0 bp (Prime Rate plus) Base Rate Drawdowns 0 bp (Base Rate plus) Bankers' Acceptances 87.5 bp (Stamping Fee) LIBOR Drawdowns 87.5 bp (Libor Rate plus) Letters of Credit 87.5 bp Commitment Fee 37.5 bp Thereafter, the applicable Basis Points or incremental Basis Points payable in respect of Loans shall be as set forth below in the column setting forth the lowest of the two highest ratings 43 - 38 - assigned the Borrower by Standard and Poor's, Moodx'x, XXRS and CBRS provided that one of the two ratings has been assigned by Standard and Poor's or Moodx'x. Standard and Poor's BBB+ or BBB BBB- BB+ BB or Higher Lower Moodx'x Baa1 or Baa2 Xxx0 Xx0 Xx0 xx Higher Lower DBRS BBB (high) or BBB BBB(low) BB (high) BB or Higher Lower CBRS B++ (high) or B++ B++ (low) B+ (high) B+ or Higher Lower Interest Rates and Fees Prime Rate Drawdowns (Prime Rate plus) 0 bp 0 xx 0 xx 0 xx 0 xx Base Rate Drawdowns (Base Rate plus) 0 bp 0 xx 0 xx 0 xx 0 xx Bankers' Acceptances (Stamping Fee) 30 bx 00 xx 00 xx 65 bx 00 xx XXXXX Xxxxxxxxx (Xxxxx Xxxe plus) 30 bx 00 xx 00 xx 00 xx 00 xx Xetters of Credit 30 bx 00 xx 00 xx 65 bp 75 bp Commitment Fee 8 bp 0 xx 00 xx 00.0 xx 25 bp
Sample 1

Related to Incremental Interest and Fees

  • Computations of Interest and Fees (a) Except as provided in the next succeeding sentence, interest on LIBOR Loans shall be calculated on the basis of a 360-day year for the actual days elapsed. Interest on ABR Loans shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.

  • Payment of Interest and Fees Notwithstanding any other provision of this Agreement or any provision of any Related Document, Borrower does not agree or intend to pay, and Lender does not agree or intend to charge, collect, take, reserve or receive (collectively referred to herein as “charge or collect”), any amount in the nature of interest or in the nature of a fee for the Loan which would in any way or event (including demand, prepayment, or acceleration) cause Lender to contract for, charge or collect more for the Loan than the maximum Lender would be permitted to charge or collect by any applicable federal or Texas state law. Any such excess interest or unauthorized fee will, instead of anything stated to the contrary, be applied first to reduce the unpaid principal balance of the Loan, and when the principal has been paid in full, be refunded to Borrower.

  • Interest and Fees 24 3.1 Interest................................................................................24 3.2

  • Calculation of Interest and Fees All calculations of interest and fees under this Agreement and the other Credit Documents for any period (a) shall include the first day of such period and exclude the last day of such period and (b) shall be calculated on the basis of a year of 360 days for actual days elapsed, except that during any period any Loan bears interest based upon the Prime Rate, such interest shall be calculated on the basis of a year of 365 or 366 days, as appropriate, for actual days elapsed.

  • Computation of Interest and Fees All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error.

  • Interest and Payments Borrower shall make payments in accordance with the Note at the rate set forth in the Note.

  • Interest and Interest Rate (a) The Designated Securities will bear interest from April [•], 2010 or from the most recent date through which the Issuer has paid or provided for interest on the Designated Securities at an annual rate of 3.729%.

  • Repayments Prepayments Interest and Fees SECTION 3.1.

  • Interest and Interest Rates The rate or rates at which the Notes shall bear interest, the date or dates from which such interest shall accrue, the interest payment dates on which any such interest shall be payable and the regular record date for any interest payable on any interest payment date, in each case, shall be as set forth in the form of Note set forth as Exhibit A hereto.

  • Interest Payment Dates; Interest and Fee Basis Interest accrued on each Floating Rate Advance shall be payable on each Payment Date, commencing with the first such date to occur after the date hereof, on any date on which the Floating Rate Advance is prepaid, whether due to acceleration or otherwise, and at maturity. Interest accrued on that portion of the outstanding principal amount of any Floating Rate Advance converted into a Eurodollar Advance on a day other than a Payment Date shall be payable on the date of conversion. Interest accrued on each Eurodollar Advance shall be payable on the last day of its applicable Interest Period, on any date on which such Eurodollar Advance is prepaid, whether by acceleration or otherwise, and at maturity. Interest accrued on each Eurodollar Advance having an Interest Period longer than three months shall also be payable on the last day of each three-month interval during such Interest Period. Interest and commitment fees shall be calculated for actual days elapsed on the basis of a 360-day year, except that interest calculated based on the Prime Rate shall be calculated for actual days elapsed on the basis of a 365, or when appropriate 366, day year. Interest shall be payable for the day an Advance is made but not for the day of any payment on the amount paid if payment is received prior to noon (local time) at the place of payment. If any payment of principal of or interest on an Advance shall become due on a day which is not a Business Day, such payment shall be made on the next succeeding Business Day and, in the case of a principal payment, such extension of time shall be included in computing interest in connection with such payment.

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