Interest and Certain Fees. Series 2007-1 Class A-1
Interest and Certain Fees. Series 2019-3 Class A-1 Note Rate and L/C Fees. From and after the Series 2019-3 Closing Date, the applicable portions of the Series 2019-3 Class A-1 Outstanding Principal Amount will accrue (i) interest at the Series 2019-3 Class A-1 Note Rate and (ii) Series 2019-3 Class A-1 L/C Fees at the applicable rates provided therefor in the Class A-1 Note Purchase Agreement. Such accrued interest and fees will be due and payable in arrears on each Quarterly Payment Date from amounts that are made available for payment thereof (i) on any related Weekly Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture; provided that in any event all accrued but unpaid interest and fees shall be paid in full on the Series 2019-3 Legal Final Maturity Date, on any Series 2019-3 Prepayment Date with respect to a prepayment in full of the Series 2019-3 Class A-1 Notes, on any day when the Commitments are terminated in full or on any other day on which all of the Series 2019-3 Class A-1 Outstanding Principal Amount is required to be paid in full, in each case pursuant to, and in accordance with, the provisions of the Priority of Payments. To the extent any such amount is not paid when due, such unpaid amount will accrue interest at the Series 2019-3 Class A-1 Note Rate.
Interest and Certain Fees. Interest Rate Options The Company may elect that the Loans comprising each borrowing bear interest at a rate per annum equal to:
Interest and Certain Fees. Interest Rate Options: The Borrower may elect that the Loans comprising each borrowing bear interest at a rate per annum equal to (a) the Alternate Base Rate, plus the Applicable Margin or (b) the Adjusted LIBO Rate, plus the Applicable Margin. As used herein:
Interest and Certain Fees. Interest Rate Options Consistent with Existing Credit Agreement. The Company may elect that the loans comprising each borrowing bear interest at a rate per annum equal to:
Interest and Certain Fees. Interest Rate The Borrower may elect that the Tranche A Term Loans bear interest at a rate per annum equal to: (i) the Alternate Base Rate plus the Applicable Margin; or (ii) the Adjusted LIBO Rate plus the Applicable Margin. As used herein: “
Interest and Certain Fees. Series 2018-1 Class A-1 Notes Interest and L/C Fees. From and after the Closing Date, the applicable portions of the Series 2018-1 Class A-1 Outstanding Principal Amount shall accrue (i) interest at the Series 2018-1 Class A-1 Note Rate and (ii) L/C Quarterly Fees at the applicable rates provided therefor in the 2018-1 Class A-1 Note Purchase Agreement, as applicable. Such accrued interest and fees shall be due and payable in arrears on each Quarterly Payment Date from amounts that are made available for payment thereof (i) on any related Interim Allocation Date in accordance with the Priority of Payments and (ii) on such Quarterly Payment Date in accordance with Section 5.12 of the Base Indenture, commencing on December 5, 2018; provided that in any event all accrued but unpaid interest and fees shall be paid in full on the Series 2018-1 Legal Final Maturity Date, on any Series 2018-1 Prepayment Date with respect to a prepayment in full of the Series 2018-1 Class A-1 Notes, on any day when the Commitments are terminated in full, or on any other day on which all of the Series 2018-1 Class A-1 Outstanding Principal Amount is required to be paid in full, in each case pursuant to, and in accordance with, the provisions of the Priority of Payments. To the extent any such amount is not paid on a Quarterly Payment Date when due, such unpaid amount (net of all Debt Service Advances with respect thereto, a “Class A-1 Quarterly Interest Shortfall Amount”) shall accrue interest at the Series 2018-1 Class A-1 Note Rate.
Interest and Certain Fees. (a) Each Subsidiary Borrower shall pay to the Lender interest on the unpaid principal amount of such Subsidiary Borrower's Loan on each Payment Date, accruing from the date of the making of such Loan until such principal amount shall be paid in full, at the following rate per annum:
(i) from the Closing Date through March 23, 2003, such Loan shall bear interest at a rate per annum equal to 7.75%;
(ii) thereafter, for the remainder of the first Interest Period, such Loan shall bear interest at a rate per annum equal to the sum of the LIBO Rate for a one-week Interest Period plus the LIBOR Margin; and
(iii) thereafter, for any Interest Period (or portion thereof) such Loan shall bear interest at a rate per annum equal to the sum of the LIBO Rate for such Interest Period (or portion thereof) plus the LIBOR Margin; provided, however, that if (A) the introduction of or any change in or in the interpretation of any law or regulation shall make it unlawful, or any central bank or other governmental authority asserts that it is unlawful, for the Lender to obtain funds in the London interbank market during such Interest Period (or portion thereof), (B) the Lender is not able to obtain funding under the EPC Credit Agreement or any EPC Refinancing Facility with interest accruing at the LIBO Rate that would apply to LIBOR Advances under this Agreement, (C) the LIBO Rate will not adequately reflect the cost to the Lender of maintaining its Loan to such Subsidiary Borrower during such Interest Period (or portion thereof) at the LIBO Rate, (D) the LIBO Rate cannot be determined, or (E) any Event of Default shall occur and be continuing, then the interest rate applicable to such Subsidiary Borrower's Loan for such Interest Period (or portion thereof) shall be the interest rate per annum equal to the sum of the Base Rate in effect on each day during such Interest Period (or portion thereof) plus the Base Rate Margin.
Interest and Certain Fees. Interest Rate The Tranche B Term Loans shall bear interest at a fixed rate of 15.00% per annum (the “Coupon Rate”). Interest Payment Dates Interest payments shall be made quarterly in arrears. Accrued interest on the Tranche B Term Loans shall be paid in cash or in kind (i.e., by adding such accrued interest to principal) on each applicable interest payment date on terms to be determined (including that accrued interest shall be paid in kind if the Borrower fails to meet a minimum liquidity requirement to be agreed).
Interest and Certain Fees. Interest Rate: The Exit Term Loans shall bear interest initially at a rate per annum equal to the Adjusted LIBO Rate (or such similar term as defined in the Exit ABL Credit Agreement) (subject to a floor of 1.50%) + 8.0% (the “Cash Interest”).
