Interest Due Dates. Accrued interest on each Eurodollar Funding shall be payable on the last day of the Interest Period relating to such Eurodollar Funding; provided, however, that if any Interest Period is longer than three (3) months, interest shall be payable in arrears (3) three months, or a whole multiple thereof, after the first day of such Interest Period and on the last day of the Interest Period. Accrued interest on each Floating Rate Funding shall be payable monthly in arrears on the last day of each month and at maturity.
Appears in 3 contracts
Samples: Credit Agreement (FreightCar America, Inc.), Credit Agreement (FCA Acquisition Corp.), Credit Agreement (Luiginos Inc)
Interest Due Dates. Accrued interest on each Eurodollar Rate Funding shall be payable on the last day of the Interest Period relating to such Eurodollar Rate Funding; provided, however, that if any Interest Period is longer than three (3) months, interest shall be payable in arrears (3) three months, or a whole multiple thereof, after the first day of such Interest Period and on the last day of the Interest Period. Accrued interest on each Floating Rate Funding shall be payable monthly in arrears on the last day of each month calendar quarter and at maturitymaturity or conversion of such Floating Rate Funding to a Eurodollar Rate Funding.
Appears in 2 contracts
Samples: Credit Agreement (Entegris Inc), Credit Agreement (Entegris Inc)
Interest Due Dates. Accrued interest on each Eurodollar Funding Advance shall be payable on the last day of the Interest Period relating to such Eurodollar FundingAdvance; provided, however, that if any Interest Period is longer than three (3) months, interest shall be payable monthly in arrears (3) three months, or a whole multiple thereof, on the last day of each monthly period occurring after the first day commencement of such Interest Period and on the last day of the Interest Period. Accrued interest on each Floating Rate Funding Advance shall be payable monthly in arrears on the last day of each month and at maturitymaturity or conversion of such Floating Rate Loan to a Eurodollar Advance.
Appears in 2 contracts
Samples: Credit Agreement (Factual Data Corp), Revolving Credit Agreement (Iti Technologies Inc)
Interest Due Dates. Accrued interest on each Eurodollar Funding shall be payable on the last day of the Interest Period relating to such Eurodollar Funding; provided, however, that if any Interest Period is longer than three (3) months, interest shall be payable in arrears (3) three months, or a whole multiple thereof, after the first day of such Interest Period and on the last day of the Interest Period. Accrued interest on each Floating Rate Funding shall be payable monthly in arrears on the last day of each month calendar quarter and at maturitymaturity or conversion of such Floating Rate Funding to a Eurodollar Funding.
Appears in 1 contract
Samples: Credit Agreement (Innovex Inc)