Common use of Interest and Principal Payments Clause in Contracts

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Termination Date, as applicable; PROVIDED THAT, with respect to Eurodollar Rate Borrowings having an Interest Period in excess of three (3) months, Borrower shall pay interest on the three month anniversary of the 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 Termination Date. (b) (i) On any date of determination (i) if the Revolver Commitment Usage exceeds the Revolver 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 Revolver Principal Debt of at least the amount of such excess, TOGETHER WITH (x) all accrued and unpaid interest on the principal amount so prepaid and (y) 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.

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 Termination Date, as applicable; PROVIDED THAT, with respect to Eurodollar Rate Borrowings having an THAT if any Interest Period in excess of is a period greater than three (3) months, Borrower then accrued interest shall pay interest also be due and payable on each date that is a multiple of three (3) months after the three month anniversary of the beginning commencement 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 Termination Date. . (b) The Commitment shall be permanently canceled and reduced to $0 on the Termination Date, and Borrower shall pay on such Termination Date all outstanding Principal Debt, TOGETHER WITH all accrued and unpaid interest and fees. (ic) On any date of determination (i) determination, if the Revolver Commitment Usage exceeds the Revolver Commitment, Commitment then in effect (ii) whether as a result of fluctuations in exchange rates 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 Commitmentotherwise), then Borrower shall make a mandatory prepayment of the Revolver Principal Debt of in at least the amount of such excess, TOGETHER WITH (xi) all accrued and unpaid interest on the principal amount so prepaid and (yii) 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.

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 Termination Date and the Term Loan Maturity Date, as applicable; PROVIDED THAT, with respect to Eurodollar Rate Borrowings having an THAT if any Interest Period in excess of is a period greater than three (3) months, Borrower then accrued interest shall pay interest also be due and payable on each date that is a multiple of three (3) months after the three month anniversary of the beginning commencement 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 Termination Date and Term Loan Maturity Date. 364-DAY REVOLVING CREDIT AGREEMENT (b) To the extent that the Principal Debt is not converted to a Term Loan on or prior to the Termination Date, Borrower shall pay on such Termination Date all outstanding Principal Debt not so converted to a Term Loan, TOGETHER WITH all accrued and unpaid interest and fees. (ic) To the extent any portion of the Principal Debt is converted to a Term Loan, the 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 (i) determination, if the Revolver Commitment Usage exceeds the Revolver 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 CommitmentCommitment then in effect, then Borrower shall make a mandatory prepayment of the Revolver Principal Debt of in at least the amount of such excess, TOGETHER WITH (xi) all accrued and unpaid interest on the principal amount so prepaid and (yii) any Consequential Loss arising as a result thereof. All mandatory prepayments hereunder for . (e) After giving Administrative Agent advance written notice of the Revolver Facility shall intent to prepay, Borrower may voluntarily prepay all or any part of the 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 applied Pro Rata 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 each Lender's Committed Sum thereunder.the date of such prepayment; and

Interest and Principal Payments. (a) Interest on each Eurodollar Rate Borrowing shall be due and payable as it accrues on the last day of its respective Interest Period and on the Termination Term Loan Maturity Date, as applicable; PROVIDED THAT, with respect to Eurodollar Rate Borrowings having an provided that if any Interest Period in excess of is a period greater than three (3) months, Borrower then accrued interest shall pay interest also be due and payable on the date three month anniversary of (3) months after the beginning commencement 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 Termination Term Loan Maturity Date. . (b) (i) On any date of determination (i) if Borrower shall pay on the Revolver Commitment Usage exceeds the Revolver Commitment, (ii) or if the Swing Line Principal Debt exceeds the Swing Line Subfacility, or (iii) if the sum of the Revolver Term Loan Maturity Date all outstanding Facility B Principal Debt, together (without duplication) with the LC Exposure, exceeds the Revolver Commitment, then Borrower shall make a mandatory prepayment of the Revolver Principal Debt of at least the amount of such excess, TOGETHER WITH (x) all accrued and unpaid interest and fees. (c) 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 principal amount so prepaid and (y) any Consequential Loss arising as a result thereof. All mandatory prepayments hereunder for Obligation must also be paid in full, to the Revolver Facility shall be applied Pro Rata to each Lender's Committed Sum thereunder.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 Termination Date 364-DAY REVOLVING CREDIT AND TERM LOAN AGREEMENT 26 32 and the Term Loan Maturity Date, as applicable; PROVIDED THAT, with respect to Eurodollar Rate Borrowings having an provided that if any Interest Period in excess of is a period greater than three (3) months, Borrower then accrued interest shall pay interest also be due and payable on the date three month anniversary of (3) months after the beginning commencement 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 Termination Date and Term Loan Maturity Date. . (b) To the extent that the Principal Debt is not converted to a Term Loan on or prior to the Termination Date, Borrower shall pay on such Termination Date all outstanding Principal Debt not so converted to a Term Loan, together with all accrued and unpaid interest and fees. (ic) To the extent any portion of the Principal Debt is converted to a Term Loan, the 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 (i) determination, if the Revolver Commitment Usage Principal Debt exceeds the Revolver CommitmentCommitment then in effect, (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 CommitmentCommitment then in effect, then Borrower shall make a mandatory prepayment of the Revolver Principal Debt of in at least the amount of such excess, TOGETHER WITH together with (xi) all accrued and unpaid interest on the principal amount so prepaid and (yii) 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.

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, with respect to Eurodollar Rate Borrowings having an provided that if any Interest Period in excess of is a period greater than three (3) months, Borrower then accrued interest shall pay interest also be due and payable on the date three month anniversary of (3) months after the beginning commencement 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. (ic) 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 (i) determination, if the Revolver Facility B Commitment Usage exceeds the Revolver 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 CommitmentFacility B Commitment then in effect, then Borrower shall make a mandatory prepayment of the Revolver Facility B Principal Debt of in at least the amount of such excess, TOGETHER WITH together with (xi) all accrued and unpaid interest on the principal amount so prepaid and (yii) any Consequential Loss arising as a result thereof. All mandatory prepayments hereunder for . (e) After giving Administrative Agent advance written notice of the Revolver intent to prepay, Borrower may voluntarily prepay all or any part of the Facility shall 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 applied Pro Rata 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 each Lender's Committed Sum thereunder.the date of such prepayment; and

Interest and Principal Payments. Each Loan shall bear interest and be payable as follows: (a) Interest Subject to the provisions of Subsection (e) and (f) below, prior to the Revolving Credit Termination Date, interest on each Eurodollar Prime Loans shall accrue at the Prime Rate Borrowing plus one-half percent (1/2%) until July 17, 1996 and thereafter at the Prime Rate plus three-quarters percent (3/4%), and shall be due and payable as it accrues in arrears on the last day of its respective Interest Period each calendar quarter. (b) Subject to the provisions of Subsection (e) and on (f) below, prior to the Revolving Credit Termination Date, as applicable; PROVIDED THATinterest on LIBOR Loans shall accrue at the Adjusted LIBOR Rate plus one and three-quarters percent (1 3/4%) until July 17, with respect to Eurodollar 1996 and thereafter at the Adjusted LIBOR Rate Borrowings having an plus two percent (2%), and shall be payable on the last day of the Interest Period applicable thereto, or in excess the case of any Interest Period longer than three (3) months, Borrower shall pay be payable quarterly. (c) Subject to the provisions of Subsection (e) and (f) below, prior to the Revolving Credit Termination Date, interest on all CD Loans shall accrue at the three month anniversary CD Rate plus one and three-quarters (1 3/4%) until July 17, 1996 and shall be payable on the last day of the beginning Interest Period applicable thereto, and in the case of such any one hundred eighty (180) day Interest Period, three months and six months, after the first day of the applicable Interest Period. (d) Interest on any Floating Rate Loan shall accrue at the Floating Rate plus two percent (2%) until July 17, 1996 and thereafter at the Floating Rate plus two and one quarter percent (2 1/4%), and shall be payable on the expiration last day 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 Termination Date. (b) (i) On any date of determination (i) if the Revolver Commitment Usage exceeds the Revolver 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 Revolver Principal Debt of at least the amount of such excess, TOGETHER WITH (x) all accrued and unpaid interest on the principal amount so prepaid and (y) 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 thereundercalendar quarter.