Common use of Interest and Payments Clause in Contracts

Interest and Payments. (a) Subject to the limitations set forth herein, Borrower promises to pay interest on the outstanding principal amount of the Revolving Facility from the date of any Advance under the Revolving Facility until such principal amount is irrevocably paid in full in cash. Interest on outstanding Advances under the Revolving Facility shall be due and payable monthly in arrears on the first Business Day of each calendar month, commencing January 1, 2004, at an annual rate of the Prime Rate plus 1.0%, provided, however, that, notwithstanding any other provision of this Note, the Loan Agreement or any other Loan Document, for the purpose of calculating interest hereunder, the Prime Rate shall be not less than 4.0%, in each case calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period. (b) Payments of interest and other Obligations shall be made, when due, by the application of funds advanced under the Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of principal or interest or other amounts on or payments under this Note not paid automatically as provided in the Loan Agreement shall be paid to Lender only by wire transfer on the date when due, without any deduction whatsoever, including any deduction for any setoff or counterclaim, in U.S. Dollars in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this Note, any payments or prepayments received under this Note shall be credited and applied in accordance with the provisions of the Loan Agreement.

Interest and Payments. (a) Subject to the limitations set forth herein, Borrower promises to pay interest on the outstanding principal amount of the Revolving Facility Term Loan from the date of any Advance under funding of the Revolving Facility Term Loan until such principal amount is irrevocably paid in full in cash. Interest on the outstanding Advances under principal amount of the Revolving Facility Term Loan shall be due and payable monthly in arrears on the first Business Day calendar day of each calendar month, commencing January December 1, 20042003, at an annual rate of the Prime Rate plus 1.03.5%, provided, however, that, notwithstanding any other provision of this Note, the Loan Agreement or any other Loan Document, for the purpose of calculating interest hereunder, the Prime Rate shall be not less than 4.0%, in each case calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period; provided, however, that, notwithstanding, any other provision of this Note or any other Loan Document, the interest on the outstanding Term Loan shall be not be less than 9.0%. (b) Payments of interest Interest and other Obligations payments shall be mademade automatically, when due, by the application of funds advanced under the Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of principal or interest or other amounts on or payments under this Note not paid automatically through Advances as provided in the Loan Agreement shall be paid to Lender Lender, only by wire transfer on the date when due, without any deduction whatsoever, including any deduction for any setoff offset or counterclaim, in U.S. Dollars in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this Note, any payments or prepayments received upon termination (as defined in the Loan Agreement) or otherwise under this Note shall be credited and applied in accordance with the provisions such manner and order as is set forth in Section 2.5 of the Loan Agreement.

Interest and Payments. (a) Subject to the limitations set forth herein, Borrower promises to pay interest on the outstanding principal amount of the Revolving Facility from the date of any Advance under the Revolving Facility until such principal amount is irrevocably paid in full in cash. Interest on outstanding Advances under the Revolving Facility shall be due and payable monthly in arrears on the first Business Day of each calendar month, commencing January February 1, 20042003, at an annual rate of the Prime Rate plus 1.01.25%, provided, however, that, notwithstanding notwithstanding, any other provision of this Revolving Note, the Loan Agreement or any other Loan Document, for the purpose of calculating interest hereunder, on outstanding Advances under the Prime Rate Revolving Facility shall be not less than 4.06.0%, in each case calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period. (b) Payments of interest and other Obligations shall be made, when due, by the application of funds advanced under the Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of principal or interest or other amounts on or payments under this Revolving Note not paid automatically as provided in the Loan Agreement shall be paid to Lender only by wire transfer on the date when due, without any deduction whatsoever, including any deduction for any setoff or counterclaim, in U.S. Dollars in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this Revolving Note, any payments or prepayments received under this Revolving Note shall be credited and applied in accordance with the provisions of the Loan Agreement.

Interest and Payments. (a) Subject to the limitations set forth herein, Borrower promises US Borrowers promise to pay interest on the outstanding principal amount of the Revolving Facility this Term Note from the date of any Advance under funding of the Revolving Facility US Term Loan until such principal amount is irrevocably indefeasibly paid in full in cash. Interest on the outstanding Advances under the Revolving Facility principal amount of this Term Note shall be due and payable monthly in arrears on the first Business Day calendar day of each calendar month, commencing January with the month of May 1, 2004, at an annual rate of the Prime Rate plus 1.0%, provided, however, that, notwithstanding any other provision of this Note, as set forth in the Loan Agreement or any other Loan DocumentAgreement, for the purpose of calculating interest hereunder, the Prime Rate shall be not less than 4.0%, in each case calculated on the basis of a 360-day year and for the actual number of calendar days elapsed in each interest calculation period. (b) Payments of interest on the US Term Loan and other Obligations shall related to the US Term Loan may be mademade automatically, on the date when due, by the application of funds advanced Advances under the US Revolving Facility in accordance with the provisions of the Loan Agreement. Any payments of interest and/or principal or interest or other amounts on or payments under this Term Note not paid automatically through Advances under the US Revolving Facility as provided in the Loan Agreement shall be paid to Lender made only by wire transfer on the date when due, without any offset, deduction whatsoever, including any deduction for any setoff or counterclaim, in U.S. Dollars Dollars, in immediately available funds as required in the Loan Agreement. Notwithstanding and without limiting or being limited by any other provision of this NoteTerm Note or any other Loan Document, any payments or prepayments received under this Term Note shall be credited and applied in accordance with the provisions of such manner and order as described in the Loan Agreement.