Common use of Interest accrued Clause in Contracts

Interest accrued. on each Base Rate Loan shall be payable in arrears (A) on the first Business Day of each calendar quarter, commencing on the first such day following the making of such Base Rate Loan and (B) if not previously paid in full, at maturity (whether by acceleration or otherwise) of such Base Rate Loan;

Appears in 5 contracts

Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Warnaco Group Inc /De/)

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Interest accrued. on each Alternate Base Rate Loan shall be payable in arrears (A) on the first Business Day of each calendar quarter, commencing on the first such day following the making of such Alternate Base Rate Loan Loan, (B) upon the payment or prepayment thereof in full or in part, and (BC) if not previously paid in full, at maturity (whether by acceleration or otherwise) of such Alternate Base Rate Loan;; and

Appears in 1 contract

Samples: Term Loan Agreement (Warnaco Group Inc /De/)

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