Interest and Certain Fees. (a) Series 2015-1 Class A-1 Note Rate and L/C Fees. From and after the Series 2015-1 Closing Date, the applicable portions of the Series 2015-1 Class A-1 Outstanding Principal Amount will accrue (i) interest at the Series 2015-1 Class A-1 Note Rate and (ii) Series 2015-1 Class A-1 L/C Fees at the applicable rates provided therefor in the Series 2015-1 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, commencing on January 25, 2016; provided that in any event all accrued but unpaid interest and fees shall be paid in full on the Series 2015-1 Legal Final Maturity Date, on any Series 2015-1 Prepayment Date with respect to a prepayment in full of the Series 2015-1 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 2015-1 Class A-1 Outstanding Principal Amount is required to be paid in full. To the extent any such amount is not paid when due, such unpaid amount will accrue interest at the Series 2015-1 Class A-1 Note Rate.
Interest and Certain Fees. (a) Series 2007-1 Class A-1
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:
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. (a) Series 2006-1 Class A-1 Note Rate and Insured L/C Fees. From and after the Series 2006-1 Closing Date, the applicable portions of the Series 2006-1 Class A-1 Outstanding Principal Amount will accrue (i) interest at the Series 2006-1 Class A-1 Note Rate and (ii) Series 2006-1 Class A-1 Insured L/C Fees at the applicable rates provided therefor in the Series 2006-1 Class A-1 Note Purchase Agreement. Such accrued interest and fees will be due and payable in arrears on each Payment Date, commencing on February 20, 2007, except that any portion of such accrued interest consisting of Series 2006-1 Class A-1 Monthly Uninsured Interest shall be due and payable as and when amounts are made available for such payment in accordance with Sections 5.10 and 5.11 of the Base Indenture in the amount so made available; provided that in any event all accrued but unpaid interest and fees (including Series 2006-1 Class A-1 Monthly Uninsured Interest) shall be paid in full on the Series 2006-1 Legal Final Maturity Date, on any Series 2006-1 Prepayment Date with respect to a prepayment in full of the Series 2006-1 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 2006-1 Class A-1 Outstanding Principal Amount is required to be paid in full. To the extent any such amount is not paid when due, such unpaid amount will accrue interest at the Series 2006-1 Class A-1 Note Rate.
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 ABR plus the Applicable Margin or (b) the Eurodollar Rate, plus the Applicable Margin. As used herein:
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:• the ABR plus the Applicable Margin (such margin set forth on Annex II hereto) (“ABR Loans”); or • the LIBO Rate (as adjusted for statutory reserve requirements (the “Adjusted LIBO Rate”)) plus the Applicable Margin (“LIBO Rate Loans”). As used herein: Annex I
Interest and Certain Fees. Interest Rate The Borrower may elect that the Revolving Loans comprising a borrowing under the Revolving Facility 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. 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. 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).
