Interest and Daily Commitment Fee Sample Clauses

Interest and Daily Commitment Fee. (a) The Borrower hereby promises to pay, on the dates specified in Section 3.2, Interest on the unpaid principal amount of each Loan (or each portion thereof) for the period commencing on the applicable Loan Date until such Loan is paid in full. No provision of this Agreement or the Notes shall require the payment or permit the collection of Interest in excess of the maximum permitted by Applicable Law. (b) The Borrower shall pay the aggregate Daily Commitment Fee on the dates specified in Section 3.2.
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Interest and Daily Commitment Fee. (a) The Borrower hereby promises to pay, on the dates specified in Section 3.2, Interest on the unpaid principal amount of each Loan (or each portion thereof) for the period commencing on the applicable Loan Date until such Loan is paid in full. No provision of this Agreement or the Notes shall require the payment or permit the collection of Interest in excess of the maximum permitted by Applicable Law. (b) The Borrower shall pay (x) the aggregate Daily Commitment Fee on the dates specified in Section 3.2the applicable Fee Letter and (y) the Upfront Fee on the Effective Date and any other date specified in the applicable Fee Letter.
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