Interest on Advances. (1) The Borrowers shall pay interest on the unpaid principal amount of each Advance to it from the date of such Advance (or conversion of another Type of Advance into such Advance) until the date on which the principal amount of the Advance is repaid in full (or is converted into another Type of Advance or Type of Accommodation) at the following rates per annum:
Appears in 5 contracts
Samples: Credit Agreement (Tucows Inc /Pa/), Credit Agreement (Tucows Inc /Pa/), Senior Secured Credit Agreement (Tucows Inc /Pa/)
Interest on Advances. (1) The Borrowers Borrower shall pay interest on the unpaid principal amount of each Advance to it from the date of such the Advance (or conversion of another Type of Advance into such Advance) until the date on which the principal amount of the Advance is repaid in full (or is converted into another Type of Advance or Type of Accommodation) full, at the following rates per annumInterest Rate.
(2) Interest on each Advance shall be calculated and payable in arrears:
(a) on the last Business Day of each month;
(b) when the Advance becomes due and payable in full; and
(c) when the Advance is repaid.
Appears in 2 contracts
Samples: Credit Agreement (Timmins Gold Corp.), Credit Agreement (Timmins Gold Corp.)
Interest on Advances. (1) The Borrowers Borrower shall pay interest on the unpaid principal amount of each Advance to it from the date of such Advance (or conversion of another Type of Advance into such Advance) until the date principal amount of such Advance is repaid in full, as follows:
(a) 2.55% per annum on which the principal amount of the Advance is repaid in full (or is converted into another Type of Advance or Type of Accommodation) at the following rates per annum:First Advance;
Appears in 1 contract
Interest on Advances. (1) The Borrowers Borrower shall pay interest on the unpaid principal amount of each Advance to it from the date of such Advance (or conversion of another Type of Advance into such Advance) until the date principal amount of such Advance is repaid in full, as follows:
(a) 2.55% per annum on which the principal amount of the Advance is repaid in full First Advance;
(or is converted into another Type b) 1. 25% per annum on the principal amount of Advance or Type of Accommodation) at the following rates per annum:Second Advance; and
Appears in 1 contract
Samples: Credit Agreement
Interest on Advances. (1) The Borrowers Borrower shall pay interest on the unpaid principal amount of each Advance to it from the date of such Advance (or conversion of another Type of Advance into such Advance) Advance until the date on which the principal amount of the Advance is repaid in full (or is converted into another Type of Advance or Type of Accommodation) Accommodation at the following rates per annum:
Appears in 1 contract
Interest on Advances. (1) The Borrowers applicable Borrower shall pay interest on the unpaid principal amount of each Advance to it from the date of such Advance (or conversion of another Type of Advance into such Advance) Advance until the date on which the principal amount of the Advance is repaid in full (or is converted into another Type of Advance or Type of Accommodation) Accommodation at the following rates per annum:
Appears in 1 contract
Samples: Revolving Credit Facility (Canadian Pacific Kansas City LTD/Cn)
