Common use of Interest on ABR Loans Clause in Contracts

Interest on ABR Loans. Each ABR Loan shall bear interest from the date made until the date repaid, or (if converted into a SOFR Loan) to (but excluding) the first day of any relevant Interest Period (or the date of such conversion to a Daily Simple SOFR Loan, as the case may be), payable in arrears on the last day of each calendar quarter of each year, commencing with the first such date after the Restatement Effective Date, and on the date such Loan is repaid, at a rate per annum equal to the sum of (i) the Applicable Margin and (ii) the Alternate Base Rate in effect from time to time, which rate shall change as and when said Applicable Margin or Alternate Base Rate shall change.

Interest on ABR Loans. Each ABR Loan shall bear interest from the date made until the date repaid, or (if converted into a SOFR Loan) to (but excluding) the first day of any relevant Interest Period (or the date of such conversion to a Daily Simple SOFR Loan, as the case may be), payable in arrears on the last day of each calendar quarter of each year, commencing with the first such date after the Restatement Effective Date, and on the date such Loan is repaid, at a rate per annum equal to the sum of (i) the Applicable Margin and (ii) the Alternate Base Rate in effect from time to time, which rate shall change as and when said Applicable Margin or Alternate Base Rate shall change.

Interest on ABR Loans. Each ABR Loan shall bear interest from the date made until the date repaid, or (if converted into a SOFR EurodollarTerm Benchmark Loan) to (but excluding) the first day of any relevant Interest Period (or the date of such conversion to a Daily Simple SOFR LoanPeriod, as the case may be), payable in arrears on the last day of each calendar quarter of each year, commencing with the first such date after the Restatement Effective EffectiveInterest Payment Date, for such Loan and on the date such Loan is repaid, at a rate per annum equal to the sum of (i) the Applicable Margin and (ii) the Alternate Base Rate in effect from time to time, which rate shall change as and when said Applicable Margin or Alternate Base Rate shall change.