Interest and Fee Billing and Payment. The Managing Administrative Agent
(1) On or before the first Business Day of each month notify the Company (which notification may be telephonic) of the estimated amount of interest payable with respect to Federal Funds Rate Loans and Swing Loans as of the fifth day of the current month for the period from and including the first day of the immediately preceding month to and including the last day of such month, with the actual amount confirmed by notification by the Managing Administrative Agent to the Company (which notification may be telephonic and which, if telephonic, shall be promptly confirmed in writing) given no later than 9:00 a.m. (Los Angeles time) on the due date of payment thereof;
(2) On the last day of the Interest Period for each Eurodollar Loan and, in the case any Eurodollar Loan having a six month Interest Period, on the ninetieth (90th) day following the day on which such Eurodollar Loan was made, notify the Company, which notification may be telephonic and which, if telephonic, shall be promptly confirmed in writing, of the amount of interest payable on such date on account thereof;
(3) On or before the first Business Day of the first month of each calendar quarter and on the Short Term Facility Maturity Date and the Multi-Year Facility Maturity Date, notify the Company (which notification may be telephonic) of the amount of facility fees payable pursuant to the Fee Letters, which facility fees shall be payable in arrears for each calendar quarter on the fifth day of such month for the immediately succeeding calendar quarter and (i) in the case of the Short Term Facility Fee Letter, on the Short Term Facility Maturity Date and (ii); in the case of the Multi-Year Facility Fee Letter, on the Multi-Year Facility Maturity Date; and
(4) From time to time upon the request of any Lender, deliver to the Company a funding indemnification billing for amounts payable to such Lender pursuant to Paragraph 4(h) above or a billing for amounts payable to such Lender pursuant to Paragraphs 4(j), 4(k) and 4(l) above and Paragraph 5(l) below. The Company shall pay the full amount of interest and fees of which it has been notified pursuant to subparagraphs (1) and (3) above on the fifth day of each month, shall pay the full amount of interest of which it has been notified pursuant to subparagraph (2) above on the date such notification is given and shall pay the full amount of each billing delivered to it pursuant...
Interest and Fee Billing and Payment. The Lender shall (1) while the Loan is a Prime Rate Loan, on or before the fifth Business Day of each month, and (2) while the Loan is a LIBOR Loan, on the last day of the applicable Interest Period, deliver to the Company an interest and fee billing for the immediately preceding month or Interest Period, as the case may be, which billing shall set forth interest accrued and payable on the Loan and fees payable hereunder for such period and which billing shall be payable, in the case of a billing delivered pursuant to subparagraph (1) above, no later than the second Business Day following receipt thereof by the Company and, in the case of a billing delivered pursuant to subparagraph (2) above, on the last day of the applicable Interest Period. In the alternative, the Company may, within one (1) Business Day following receipt of such billing by the Company, authorize the Lender by telephone (which authorization shall be promptly followed by a written confirmation thereof) to debit the Company’s accounts maintained with the Lender for the amount of such accrued interest and fees payable.
Interest and Fee Billing and Payment. The Lender shall, on or before the fifth Business Day of each month, deliver to the Company an interest and fee billing for the immediately preceding month, which billing shall set forth interest accrued and payable on Loans and fees payable hereunder for such month and which billing shall be payable no later than the second Business Day following receipt thereof by the Company.
Interest and Fee Billing and Payment. The Administrative Agent shall (1) in the case of Alternate Rate Loans on or before the fifth Business Day of each month, and (2) in the case of Eurodollar Rate Loans, on the last day of the applicable Interest Period, deliver to the Company an interest and fee billing for the immediately preceding month or Interest Period, as
Interest and Fee Billing and Payment. The Administrative ------------------------------------ Agent shall, on or before the fifth Business Day of each month for Tranche A Loans funded as Federal Funds Rate Loans, Tranche D Loans and fees, and three Business Days prior to the last day of the applicable Eurodollar Interest Period for Tranche A Loans funded as Eurodollar Loans, deliver to the Company an interest and fee billing for the immediately preceding month or then- ending Eurodollar Interest Period, as the case may be, which billing shall set forth interest accrued and payable on Loans and fees payable hereunder for such period to be collected by the Administrative Agent, and the Company shall pay the full amount of such interest and fee billing no later than (y) five Business Days after receipt thereof in the case of Tranche A Loans funded as Federal Funds Rate Loans, Tranche D Loans and fees, and (z) on the last day of the applicable Eurodollar Interest Period for Tranche A Loans funded as Eurodollar Loans. Prior to the occurrence of the Maturity Date, interest accruing on Tranche B Loans, Tranche C Loans and Tranche E Loans shall be payable in accordance with such billing and interest procedures as the Company and each Tranche B Lender, the Tranche C Lender and each Tranche E Lender, respectively, shall agree. Following the occurrence of the Maturity Date, interest accruing on all Loans shall be billed by the Administrative Agent based, to the extent deemed necessary in the case of Tranche B Loans, Tranche C Loans and Tranche E Loans and without independent verification of the accuracy thereof, on information provided to the Administrative Agent by the respective Lenders holding such Loans. Whether or not any such interest or fee billing is delivered to the Company, the Administrative Agent is hereby authorized to, and shall unless the Company is otherwise notified in advance of a different method and/or time of payment, debit the Operating Account in the amount of such interest and fees billed by the Administrative Agent hereunder. In any event and both prior to and following the Maturity Date, any deficiency fees payable by the Company to a Tranche B Lender in respect of Tranche B Loans or to the Tranche C Lender in respect of Tranche C Loans shall be paid directly to such Tranche B Lender or the Tranche C Lender, respectively, pursuant to the terms of the applicable Buy- Down Letter.
Interest and Fee Billing and Payment. The Administrative Agent shall (1) in the case of Alternate Rate Loans on or before the fifth Business Day of each month, and (2) in the case of Eurodollar Rate Loans, on the last day of the applicable Interest Period, deliver to the Company an interest and fee billing for the immediately preceding month or Interest Period, as the case may be, which billing shall set forth interest accrued and payable on Loans and fees payable hereunder for such period and which billing shall be payable, in the case of a billing delivered pursuant to subparagraph (1) above, no later than the second Business Day following receipt thereof by the Company and, in the case of a billing delivered pursuant to subparagraph (2) above, on the last day of the applicable Interest Period.
Interest and Fee Billing and Payment. The Credit Agent shall:
(1) On or before the first Business Day of each month notify the Company (which notification may be telephonic) of the estimated amount of interest payable with respect to Alternate Base Rate Loans and Swing Loans as of the fifth day of the current month for the period from and including the first day of the immediately preceding month to and including the last day of such month, with the actual amount confirmed by notification by the Credit Agent to the Company (which notification may be telephonic and which, if telephonic, shall be promptly confirmed in writing) given no later than 9:00 a.m. (Los Angeles time) on the due date of payment thereof; ( 2) On the last day of the Interest Period for each Eurodollar Loan notify the Company (which notification may be telephonic and which, if telephonic, shall be promptly confirmed in writing) of the amount of interest payable on such date on account thereof;
Interest and Fee Billing and Payment. The Lender shall (1) in the case of Fed Funds Loans and Eurodollar Loans having an Interest Period in excess of one month, on or before the fifth Business Day of each month, and (2) in the case of Eurodollar Loans, also on the last day of the applicable Interest Period, deliver to the Companies an interest and fee billing for the immediately preceding month or Interest Period, as the case may be, which billing shall set forth interest accrued and payable on Loans and fees payable hereunder for such period and which billing shall be payable, in the case of a billing delivered pursuant to subparagraph (1) above, no later than the second Business Day following receipt thereof by the Companies and, in the case of a billing delivered pursuant to subparagraph (2) above, on the last day of the applicable Interest Period.
Interest and Fee Billing and Payment. The Administrative ------------------------------------ Agent shall, on or before the fifth Business Day of each month for Federal Funds Rate Loans, Buy- Down Rate Loans, Prime Rate Loans and fees, and three Business Days prior to the last day of the applicable Eurodollar Interest Period for Eurodollar Loans, deliver to the Company an interest and fee billing for the immediately preceding month or then-ending Eurodollar Interest Period, as the case may be, which billing shall set forth interest accrued and payable on Loans and fees payable hereunder for such period to be collected by the Administrative Agent, and the Company shall pay the full amount of such interest and fee billing no later than (x) five Business Days after receipt thereof in the case of Federal Funds Rate Loans, Buy-Down Rate Loans, Prime Rate Loans and fees, and (y) on the last day of the applicable Eurodollar Interest Period for Eurodollar Loans. Whether or not any such interest or fee billing is delivered to the Company, the Administrative Agent is hereby authorized to, and shall unless the Company is otherwise notified in advance of a different method and/or time of payment, debit the Operating Account in the amount of such interest and fees payable hereunder. Any deficiency fees payable by the Company to a Lender shall be paid pursuant to the terms of the applicable Buy-Down Letter.
Interest and Fee Billing and Payment. The Lead Administrative Agent shall:
(1) On or before the first Business Day of each month notify the Company (which notification may be telephonic) of the estimated amount of interest payable with respect to Alternate Base Rate Loans and Swing Loans as of the fifth day of the current month for the period from and including the first day of the immediately preceding month to and including the last day of such month, with the actual amount confirmed by notification by the Lead Administrative Agent to the Company (which notification may be telephonic and which, if telephonic, shall be promptly confirmed in writing) given no later than 9:00 a.m. (Los Angeles time) on the due date of payment thereof; (2) On the last day of the Interest Period for each Eurodollar Loan notify the Company (which notification may be telephonic and which, if telephonic, shall be promptly confirmed in writing) of the amount of interest payable on such date on account thereof;
