Common use of Interest on Base Rate Advances Clause in Contracts

Interest on Base Rate Advances. Except as provided in Section 2.6(c) hereof, the Borrowers shall pay interest on the unpaid principal amount of each Base Rate Advance and, to the extent due and payable, Additional Indebtedness incurred by it, in each case, which is outstanding from time to time at an interest rate per annum equal to the Base Rate in effect from time to time. Interest on Base Rate Advances shall be payable monthly in arrears on the last day of each month, upon conversion thereof to a Eurodollar Advance and at maturity (whether by acceleration or otherwise) and thereafter on demand. Interest on Additional Indebtedness shall be payable upon demand.

Interest on Base Rate Advances. Except as provided in Section 2.6(c) hereof, the Borrowers each Borrower shall pay interest on the unpaid principal amount of each Base Rate Advance and, to the extent due and payable, Additional Indebtedness incurred by it, in each case, which is outstanding from time to time at an interest rate per annum equal to the Base Rate in effect from time to time. Interest on Base Rate Advances shall be payable monthly in arrears on the last first day of each month, upon conversion thereof to a Eurodollar Advance and at maturity (whether by acceleration or otherwise) and thereafter on demand. Interest on Additional Indebtedness shall be payable upon demand.

Interest on Base Rate Advances. Except as provided in Section 2.6(c) hereof, the Borrowers Borrower shall pay interest on the unpaid principal amount of each Base Rate Advance and, to the extent due and payable, Additional Indebtedness incurred by it, in each case, which is outstanding from time to time at an interest rate per annum equal to the Base Rate in effect from time to time. Interest on Base Rate Advances shall be payable monthly in arrears on the last first day of each month, upon conversion thereof to a Eurodollar Advance and at maturity (whether by acceleration or otherwise) and thereafter on demand. Interest on Additional Indebtedness shall be payable upon demand.