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 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 Term Loan Maturity Date. (b) Borrower shall pay on the Term Loan Maturity Date all outstanding Facility B Principal Debt, together with 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 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 Termination Date and the Term Loan Maturity Date, as applicable; provided that 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 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 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 the Term Loan Maturity such Termination Date all outstanding Facility B Principal DebtDebt not so converted to a Term Loan, together with TOGETHER WITH all accrued and unpaid interest and fees. (c) 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, if the Principal Debt exceeds the Commitment then in effect, then Borrower shall make a mandatory prepayment of the 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 thatPROVIDED 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 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 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 the Term Loan Maturity 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) After giving Administrative Agent advance written notice To the extent any portion of the intent Principal Debt is converted to prepaya 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, if the Principal Debt exceeds the Commitment then in effect, or if the Swing Line Principal Debt exceeds the Swing Line Commitment then in effect, then Borrower may voluntarily prepay all or any part shall make a mandatory prepayment of the Facility B Principal Debt from time to time and in at any timeleast the amount of such excess, in whole or in part, without premium or penalty; provided that: together with (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time all accrued and unpaid interest on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, principal amount so prepaid and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in any Consequential Loss arising as 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; andresult thereof.

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 Term Loan Maturity Termination 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 Term Loan Maturity Termination Date. . (b) Borrower shall pay on (i) On any date of determination (i) if the Term Loan Maturity Date all outstanding Facility B 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 and fees. (c) After giving Administrative Agent advance written notice of on 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, principal amount so prepaid and (By) one Business Day preceding any Consequential Loss arising as a result thereof. All mandatory prepayments hereunder for the date of prepayment of a Base Rate Borrowing; (ii) Revolver Facility shall be applied Pro Rata to 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; andLender'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 Term Loan Maturity Termination Date, as applicable; provided that 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 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 Term Loan Maturity Termination Date. (b) The Commitment shall be permanently canceled and reduced to $0 on the Termination Date, and Borrower shall pay on the Term Loan Maturity such Termination Date all outstanding Facility B Principal Debt, together with TOGETHER WITH all accrued and unpaid interest and fees. (c) After giving Administrative Agent advance written notice On any date of determination, if the Commitment Usage exceeds the Commitment then in effect (whether as a result of fluctuations in exchange rates or otherwise), then Borrower shall make a mandatory prepayment of the intent to prepay, Borrower may voluntarily prepay all or any part of the Facility B Principal Debt from time to time and in at any timeleast the amount of such excess, in whole or in part, without premium or penalty; provided that: TOGETHER WITH (i) such notice must be received by Administrative Agent by 12:00 noon Dallas, Texas time all accrued and unpaid interest on (A) the third Business Day preceding the date of prepayment of a Eurodollar Rate Borrowing, principal amount so prepaid and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must be in any Consequential Loss arising as 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; andresult thereof.

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 and on 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 Term Loan Maturity Datecalendar quarter. (b) Borrower Subject to the provisions of Subsection (e) and (f) below, prior to the Revolving Credit Termination Date, interest on LIBOR Loans shall pay accrue at the Adjusted LIBOR Rate plus one and three-quarters percent (1 3/4%) until July 17, 1996 and thereafter at the Adjusted LIBOR Rate plus two percent (2%), and shall be payable on the Term Loan Maturity Date all outstanding Facility B Principal Debtlast day of the Interest Period applicable thereto, together with all accrued and unpaid interest and feesor in the case of any Interest Period longer than three months, shall be payable quarterly. (c) After giving Administrative Agent advance written notice 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 CD Rate plus one and three-quarters (1 3/4%) until July 17, 1996 and shall be payable on the last day of the intent to prepayInterest Period applicable thereto, Borrower may voluntarily prepay all or and in the case of any part one hundred eighty (180) day Interest Period, three months and six months, after the first day of the Facility B Principal Debt from time to time 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 any time, in whole or in part, without premium or penalty; provided that: the Floating Rate plus two and one quarter percent (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 Borrowing2 1/4%), and (B) one Business Day preceding the date of prepayment of a Base Rate Borrowing; (ii) each such partial prepayment must shall 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 payable on the Obligation must also be paid in full, to the date last day of such prepayment; andeach calendar quarter.

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 Term Loan Maturity 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