Interest and Reduction Payments. Interest shall be payable with respect to the Loans in arrears on each Interest Payment Date, commencing on the initial Interest Payment Date, and upon any prepayment of the Loans (to the extent of accrued interest on the principal amount of the Loans so prepaid) and at maturity of the Loans.
Appears in 3 contracts
Samples: Senior Credit Agreement (Digital Brands Group, Inc.), Senior Credit Agreement (Digital Brands Group, Inc.), Senior Credit Agreement (Denim LA, Inc.)
Interest and Reduction Payments. Interest shall be payable with respect to the Loans Loans, in arrears on and to each Interest Payment Date, Date commencing on the initial Interest Payment Date, and upon any prepayment of the Loans (to the extent of accrued interest on the principal amount of the Loans so prepaid) and at maturity of the Loans.
Appears in 1 contract
Samples: Senior Credit Agreement (Hylete)
