Common use of Interest Accruals Clause in Contracts

Interest Accruals. Except as otherwise set forth herein, each of the Loans shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof at the Adjusted Eurodollar Rate for each Interest Period plus the Average Applicable Margin for such Interest Period.

Appears in 3 contracts

Samples: Credit Agreement (FS Investment Corp III), Credit Agreement (FS Investment Corp II), Credit Agreement (FS Energy & Power Fund)

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Interest Accruals. Except as otherwise set forth herein, each of the Loans shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof at the Adjusted Eurodollar Rate for each Interest Period plus the Average Applicable Margin for such Interest PeriodSpread.

Appears in 1 contract

Samples: Credit Agreement (FS Energy & Power Fund)

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