Interest Interest Periods Sample Clauses

Interest Interest Periods. The Applicable Rate for the New Term Loans and the New Revolving Loans shall be the same as the Applicable Rate that applies to the Existing Term Loans and the Existing Revolving Loans of the same Type, respectively. All Interest Periods applicable to Existing Term Loans and Existing Revolving Loans shall continue in effect after the Seventh Amendment Effective Date. The New Term Loans shall be initially incurred pursuant to a single Borrowing of Eurodollar Rate Loans, with such Borrowing to be subject to (x) Interest Periods which commence on the Seventh Amendment Effective Date and end on the last day of the Interest Periods applicable to the Existing Term Loans and (y) the Eurodollar Rates applicable to the Existing Term Loans for such Interest Periods. The New Term Loans of each Lender shall be allocated ratably to such Interest Periods (based upon the relative principal amounts of Borrowings of the Existing Term Loans subject to such Interest Periods immediately prior to the Seventh Amendment Effective Date), with the effect being that the New Term Loans that are funded in cash on the Seventh Amendment Effective Date shall be ratably allocated to the various Interest Periods as described above. The Administrative Agent shall record the New Term Loans in the Register, and the principal amounts and stated interest of the New Term Loans owing to the New Term Loan Lenders and their subsequent permitted assignees. From and after the Seventh Amendment Effective Date to the first Interest Payment Date to occur after the Seventh Amendment Effective Date, the Administrative Agent shall make all payments in respect of interest on the New Term Loans to the New Term Loan Lenders for amounts which have accrued on the New Term Loans from the Seventh Amendment Effective Date to but excluding such Interest Payment Date (and to the extent any New Term Loan Lender assigns all or any portion of the New Term Loans during such period, such payment shall be made in accordance with Section 2 on Annex 1 to the applicable Assignment and Assumption).
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Interest Interest Periods. 16 CLAUSE 6................................................................. 19
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Interest Interest Periods. Conversion/Continuation 21 Section 2.5. Notes, Etc. 23 Section 2.6. Fees 24 Section 2.7. Termination and Reduction of Revolving Commitments 24 Section 2.8. Repayments and Prepayments 25 Section 2.9. Manner of Payment 25 Section 2.10. Pro Rata Treatment 26 Section 2.11 Sharing of Payments 27 Section 2.12. Mandatory Suspension and Conversion of Euro-Dollar Rate Loans 27 Section 2.13. Regulatory Changes 28 Section 2.14. Compensation for Funding Losses 29 Section 2.15. Certificates Regarding Yield Protection, Etc. 29 Section 2.16 Taxes 29 Section 2.17. Applicable Lending Office; Discretion of Lenders as to Manner of Funding 30 Section 2.18. Increases in Revolving Commitment 30 ARTICLE 3 CONDITIONS TO LOANS 31 Section 3.1. Closing Conditions 31 Section 3.2. Conditions Precedent to Loans 32 ARTICLE 4 REPRESENTATIONS AND WARRANTIES 33 Section 4.1. Organization, Powers and Good Standing 33 Section 4.2. Authorization, Binding Effect, No Conflict, Etc. 33 Section 4.3. Financial Information 34 Section 4.4. No Material Adverse Changes 34 Section 4.5. Litigation 34 Section 4.6. Agreements: Applicable Law 34 Section 4.7. Taxes 34 Section 4.8. Governmental Regulation 35 Section 4.9. Margin Regulations/Proceeds of Loans 35 Section 4.10. Employee Benefit Plans 35 Section 4.11. Disclosure 35 Section 4.12. Solvency 35 Section 4.13. Title to Properties 36
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Interest Interest Periods. 5.1 INTEREST 5.1.1
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Interest Interest Periods. 7.1 Subject to Clause 7.2, the Borrower shall pay interest on the Term Loans (excluding the Subordinated Term Loan) and on any Drawing on each Interest Payment Date calculated in arrears, at a rate determined by the Facility Agent to be the aggregate of EURIBOR/NIBOR/LIBOR (as applicable), the Applicable Margin and Mandatory Cost, if any. If the Interest Period is longer than 6 months, accrued interest shall be paid every six months during that Interest Period and on the last day of that Interest Period. The Borrower shall pay a fixed rate of interest equal to 8.00% per annum on the Subordinated Term Loan, 50% of the accrued interest is payable quarterly on each 30 March, 30 June, 30 September and 30 December and the remaining 50% shall accumulate annually and be payable on its Final Maturity Date.
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Interest Interest Periods. 20 Section 2.07. Prepayments 21 Section 2.08. Breakage Costs 22
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Interest Interest Periods. ..13 SECTION 6.....................................................................15
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Interest Interest Periods 
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Related to Interest Interest Periods

  • different Interest Periods If the Agent does not receive a Borrowing Notice or an Interest Rate Selection Notice giving notice of election of the duration of an Interest Period or of Conversion of any Loan to or Continuation of a Loan as a Eurodollar Rate Loan by the time prescribed by Section 2.1(c) or 2.8, the Borrower shall be deemed to have elected to Convert such Loan to (or Continue such Loan as) a Base Rate Loan until the Borrower notifies the Agent in accordance with Section 2.8.

  • LIBOR Interest Periods In lieu of making any payment pursuant to this Section 5.2 in respect of any LIBOR Loan, other than on the last day of the Interest Period therefor so long as no Event of Default shall have occurred and be continuing, the Borrower at its option may deposit, on behalf of the Borrower, with the Administrative Agent an amount equal to the amount of the LIBOR Loan to be prepaid and such LIBOR Loan shall be repaid on the last day of the Interest Period therefor in the required amount. Such deposit shall be held by the Administrative Agent in a corporate time deposit account established on terms reasonably satisfactory to the Administrative Agent, earning interest at the then customary rate for accounts of such type. Such deposit shall constitute cash collateral for the LIBOR Loans to be so prepaid; provided that the Borrower may at any time direct that such deposit be applied to make the applicable payment required pursuant to this Section 5.2.

  • Interest Periods In connection with each LIBOR Rate Loan, the Borrower, by giving notice at the times described in Section 3.1(a), shall elect an interest period (each, an "Interest Period") to be applicable to such Loan, which Interest Period shall be a period of one (1), two (2), three (3) or six (6) months with respect to each LIBOR Rate Loan; provided that:

  • Interest Period Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

  • Number of Interest Periods There may be no more than 6 different Interest Periods for LIBOR Loans outstanding at the same time.

  • Notice of Interest Period and Interest Rate Promptly after receipt of a Notice of Borrowing pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.09 or a notice of selection of an Interest Period pursuant to the definition of “Interest Period”, the Administrative Agent shall give notice to the Borrower and each Lender of the applicable Interest Period and the applicable interest rate determined by the Administrative Agent for purposes of clause (a)(i) or (a)(ii) above.

  • Determination of Interest Periods Every Interest Period shall be of the duration specified by the Borrowers pursuant to clause 3.2 but so that:

  • Duration of Interest Periods The duration of each Interest Period relating to the Advance shall, save as otherwise provided herein, be one, three, six or twelve months, or any such other period as may be agreed from time to time between the Borrower and the Agent, in each case as the Borrower may select by not less than three business days' prior notice to the Agent Provided that:

  • Duration of normal Interest Periods Subject to Clauses 6.3 and 6.4, each Interest Period shall be:

  • Selection of Interest Periods (a) A Borrower (or the Company on behalf of a Borrower) may select an Interest Period for a Loan in the Utilisation Request for that Loan.

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