Interest Due Dates. If a fixed interest rate is in effect, the interest shall be paid by the Borrower to HBU on the dates stated in the Credit Agreement. If a floating interest rate is in effect, the interest shall be paid by the Borrower to HBU on the first day of each calendar quarter.
Appears in 4 contracts
Samples: Credit Agreement (FreeSeas Inc.), Credit Agreement (FreeSeas Inc.), Credit Agreement (FreeSeas Inc.)
