Common use of Interest and Principal Payments Clause in Contracts

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable. (b) Unless the Facility B Principal Debt is converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B Termination Date all outstanding Facility B Principal Debt, together with all accrued and unpaid interest and fees. (c) In the event the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B Commitment Usage exceeds the Facility B Commitment then in effect, then Borrower shall make a mandatory prepayment of the Facility B Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (e) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B Termination Date 364-DAY REVOLVING CREDIT AND TERM LOAN AGREEMENT 26 32 and the Term Loan Maturity Date, as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable. (b) Unless To the Facility B extent that the Principal Debt is not converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B such Termination Date all outstanding Facility B Principal DebtDebt not so converted to a Term Loan, together with all accrued and unpaid interest and fees. (c) In To the event extent any portion of the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B Commitment Usage Principal Debt exceeds the Facility B Commitment then in effect, or if the Swing Line Principal Debt exceeds the Swing Line Commitment then in effect, then Borrower shall make a mandatory prepayment of the Facility B Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (e) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and

Interest and Principal Payments. (a) Interest on the outstanding principal balance of this Mortgage Note shall accrue at the rate of Seven and Eighty-One Hundredths (7.80%) percent per annum (the "Interest Rate") (in the event of an Event of Default, payment of an additional amount equal to interest at the Default Rate (as hereinafter defined) on the outstanding principal amount of this Mortgage Note shall also be due for each Eurodollar Interest Accrual Period during any part of which such Event of Default continues in accordance with the provisions of Paragraph 3 hereof). Interest at the Interest Rate Borrowing shall be payable in monthly installments in arrears (each such monthly payment being an "Interest Installment") of $804,050.00 (except in the case of the Interest Installment due July 16, 1996, which shall be equal to $857,653.33) on or before 12:00 noon, Eastern Standard Time, on the fourth (4th) Business Day prior to the twentieth (20th) day of each calendar month or if such 20th day is not a Business Day, the next succeeding Business Day (each, a "Due Date") during the term hereof, commencing on July 16, 1996 until the Maturity Date (as hereinafter defined) or otherwise. Interest shall be computed on the basis of a 360-day year consisting of twelve (12) months of thirty (30) days each, and thirty (30) days' interest shall be paid on each Fixed Rate Borrowing Due Date and shall accrue from and including each Due Date to but not including the next succeeding Due Date, except with respect to the Due Date on July 16, 1996 on which thirty-two (32) days' interest shall be paid. The entire outstanding principal balance of this Mortgage Note, together with all accrued but unpaid interest hereon, shall be due and payable as it accrues to Lender on the last day of its respective Interest Period and on Due Date in June, 2003 (the Facility B Termination Date and the Term Loan "Maturity Date, ") or on such earlier date as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also may be due and payable on required under the date three (3) months after the commencement terms of such Interest Periodthis Mortgage Note. Interest on each Base Rate Borrowing All payments hereunder shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on made by wire transfer of immediately available funds into an account designated by Lender (the Facility B Termination Date and "Collection Accounx") xx accordance with the Term Loan Maturity Date, as applicable. (b) Unless the Facility B Principal Debt is converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B Termination Date all outstanding Facility B Principal Debt, together with all accrued and unpaid interest and fees. (c) Cash Collateral Agreement. In the event of any prepayment pursuant to the Facility B Principal Debt is converted to a Term Loanprovisions of Paragraphs 4 or 5 hereof, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B Commitment Usage exceeds the Facility B Commitment then in effect, then Borrower shall make a mandatory prepayment of the Facility B Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (e) After giving Administrative Agent advance written notice of the intent Interest Installment shall be adjusted to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of reflect such prepayment; and.

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the each date that is AMENDED AND RESTATED 364-DAY REVOLVING CREDIT AND TERM LOAN AGREEMENT a multiple of three (3) months after the commencement of such Interest Period. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable. (b) Unless To the Facility B extent that the Principal Debt is not converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B such Termination Date all outstanding Facility B Principal DebtDebt not so converted to a Term Loan, together with all accrued and unpaid interest and fees. (c) In To the event extent any portion of the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B Commitment Usage Principal Debt exceeds the Facility B Commitment then in effect, or if the Swing Line Principal Debt exceeds the Swing Line Commitment then in effect, then Borrower shall make a mandatory prepayment of the Facility B Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (e) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing), or $250,000 or an integral multiple thereof (if a Swing Line Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and(iv) Borrower shall pay any related Consequential Loss within ten (10) days after demand therefor; and (v) notwithstanding the provisions of this SECTION 3.2(D), prepayments of any Swing Line Borrowing shall be made in accordance with SECTION 2.2(H). Each notice of prepayment shall specify the prepayment date, the facility or the subfacility hereunder being prepaid, the Type of Borrowing(s) and amount(s) of such Borrowing(s) to be prepaid and shall constitute a binding obligation of Borrower to make a prepayment on the date stated therein. Notwithstanding the foregoing, Borrower shall not voluntarily prepay any Competitive Borrowing prior to the last day of the Interest Period therefor.

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable; provided that if any PROVIDED THAT, with respect to Eurodollar Rate Borrowings having an Interest Period is a period greater than in excess of three (3) months, then accrued Borrower shall pay interest shall also be due and payable on the date three (3) months after month anniversary of the commencement beginning of such Interest Period, on the expiration of each Interest Period, and on the Termination Date. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable. . (b) Unless the Facility B Principal Debt is converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B Termination Date all outstanding Facility B Principal Debt, together with all accrued and unpaid interest and fees. (c) In the event the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (di) On any date of determination, determination (i) if the Facility B Revolver Commitment Usage exceeds the Facility B Commitment then in effectRevolver Commitment, (ii) or if the Swing Line Principal Debt exceeds the Swing Line Subfacility, or (iii) if the sum of the Revolver Principal Debt, together (without duplication) with the LC Exposure, exceeds the Revolver Commitment, then Borrower shall make a mandatory prepayment of the Facility B Revolver Principal Debt in of at least the amount of such excess, together with TOGETHER WITH (ix) all accrued and unpaid interest on the principal amount so prepaid and (iiy) any Consequential Loss arising as a result thereof. All mandatory prepayments hereunder for the Revolver Facility shall be applied Pro Rata to each Lender's Committed Sum thereunder. (e) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable. (b) Unless the Facility B Principal Debt is converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B Termination Term Loan Maturity Date all outstanding Facility B Principal Debt, together with all accrued and unpaid interest and fees. (c) In the event the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B Commitment Usage exceeds the Facility B Commitment then in effect, then Borrower shall make a mandatory prepayment of the Facility B Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (e) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B Termination Date and the Term Loan Maturity Date, as applicable. (b) Unless the Facility B Principal Debt is converted to a Term Loan on or prior to the Facility B Termination Date, Borrower shall pay on the Facility B such Termination Date all outstanding Facility B Principal Debt, together with all accrued and unpaid interest and fees. (c) In the event the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B Commitment Usage Principal Debt exceeds the Facility B Commitment then in effect, then Borrower shall make a mandatory prepayment of the Facility B Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (e) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing or on each Fixed Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Facility B A Termination Date and the Term Loan Maturity Date, as applicable; provided that if any Interest Period is a period greater than three (3) months, then accrued interest shall also be due and payable on the date three (3) months after the commencement of such Interest Period. Interest on each Base Rate Borrowing shall be due and payable as it accrues on each March 31, June 30, September 30, and December 31, and on the Facility B A Termination Date and the Term Loan Maturity Date, as applicable. (b) Unless The Facility A Commitment shall be permanently canceled and reduced to $0 on the Facility B Principal Debt is converted to a Term Loan on or prior to the Facility B A Termination Date, and Borrower shall pay on the such Facility B A Termination Date all outstanding Facility B A Principal Debt, together with all accrued and unpaid interest and fees. (c) In the event the Facility B Principal Debt is converted to a Term Loan, the Facility B Principal Debt outstanding under the Term Loan shall be due and payable in a single installment on the Term Loan Maturity Date. (d) On any date of determination, if the Facility B A Commitment Usage exceeds the Facility B A Commitment then in effect (whether as a result of fluctuations in exchange rates or otherwise), or if the Swing Principal Debt exceeds the Swing Line Subfacility then in effect, then Borrower shall make a mandatory prepayment of the Facility B A Principal Debt in at least the amount of such excess, together with (i) all accrued and unpaid interest on the principal amount so prepaid and (ii) any Consequential Loss arising as a result thereof. (ed) After giving Administrative Agent advance written notice of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B A Principal Debt from time to time and at any time, in whole or in part, without premium or penalty; provided that: (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in a minimum amount of at least $5,000,000 or a greater integral multiple of $1,000,000 thereof (if a Eurodollar Rate Borrowing or a Base Rate Borrowing), or $250,000 or an integral multiple thereof (if a Swing Line Borrowing); (iii) all accrued interest on the Obligation must also be paid in full, to the date of such prepayment; and