Interest on Eurodollar Rate Loans. Interest on Eurodollar Rate Loans shall be payable on the last day of each Interest Period with respect to such Eurodollar Rate Loans (and, in the case of any Eurodollar Rate Loan with an Interest Period of longer than three months, on each three-month anniversary of the commencement of that Interest Period), at the date of conversion of such Eurodollar Rate Loans (or a portion thereof) to a Prime Rate Loan and at maturity of such Eurodollar Rate Loans at an interest rate per annum equal during the Interest Period for such Eurodollar Rate Loans to the Adjusted Eurodollar Rate for the Interest Period in effect for such Eurodollar Rate Loans PLUS (i) with respect to Revolving Loans consisting of Eurodollar Rate Loans, the Applicable Eurodollar Rate Margin for Revolving Loans and (ii) with respect to Term Loans consisting of Eurodollar Rate Loans, the Applicable Eurodollar Rate Margin for Term Loans. The rate applicable pursuant to this Section 4.02 shall change each day the Applicable Eurodollar Rate Margin changes. After maturity of such Eurodollar Rate Loans (whether by acceleration or otherwise), interest shall be payable upon demand. The Agent upon determining the Adjusted Eurodollar Rate for any Interest Period shall promptly notify the applicable Borrower and the Lenders by telephone (confirmed promptly in writing) or in writing thereof. Each determination by the Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest or demonstrable error.
Interest on Eurodollar Rate Loans. Subject to the provisions of Section 4.4 hereof, interest on Eurodollar Rate Loans shall be payable in arrears (i) on the last day of each Interest Period with respect to such Eurodollar Rate Loans (and, in the case of any Interest Period in excess of three months, on each date which occurs at three month intervals after the first day of the respective Interest Period), (ii) at the date of any Conversion thereof (or portion thereof) to a Base Rate Loan, (iii) upon any prepayment, except pursuant to Section 2.6(d), (on the amount prepaid) and (iv) at maturity, in each case at an interest rate per annum equal during each Interest Period for such Eurodollar Rate Loan to the Adjusted Eurodollar Rate in effect for such Interest Period in effect for such Eurodollar Rate Loan plus the relevant Applicable Margin. The Payments Administrator upon determining the Adjusted Eurodollar Rate for any Interest Period shall promptly notify the Borrower and the Lenders thereof. Each determination by the Payments Administrator of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. Subject to the provisions of subsection (d) immediately below, interest on each Eurodollar Rate Loan shall be payable (i) on the last day of each Interest Period with respect thereto; provided, however, that if such Interest Period is for a period of duration in excess of three months, then such interest shall also be payable on the date three months after the first day of such Interest Period, (ii) on the date of conversion of such Eurodollar Rate Loan to a Base Rate Loan and (iii) at maturity of such Loan (and after maturity of such Loan (whether by acceleration or otherwise) upon demand), at an interest rate per annum during the Interest Period for such Loan equal to the Eurodollar Rate for the Interest Period in effect for such Eurodollar Rate Loan. Each determination by the Agent Bank of an interest rate hereunder shall be conclusive and binding on the Banks and the Company for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. Subject to the provisions of Section --------------------------------- 4.4 hereof, interest on Eurodollar Rate Loans shall be payable on the last day of each Interest Period with respect to such Eurodollar Rate Loans (and, if earlier, the date three months after the date of the incurrence, Conversion or Continuance thereof), at the date of any Conversion thereof (or portion thereof) to a Base Rate Loan, upon any prepayment (on the amount prepaid) and at maturity at an interest rate per annum equal during each Interest Period for such Eurodollar Rate Loan to the Adjusted Eurodollar Rate in effect for such Interest Period in effect for such Eurodollar Rate Loan plus the Applicable Margin. The Payments Administrator upon determining the Adjusted Eurodollar Rate for any Interest Period shall promptly notify the Borrower and the Lenders thereof. Each determination by the Payments Administrator of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. Subject to the provisions of Section 4.01 hereof, (i) in the case of each Revolving Loan or portion thereof that is a Eurodollar Rate Loan, interest shall be payable on the day after the expiration of each Interest Period commencing with the end of the first such Interest Period (and after maturity of such Loan (whether by acceleration or otherwise) upon demand) at an interest rate per annum equal to the Adjusted Eurodollar Rate for the Interest Period in effect for such Eurodollar Rate Loan, and (ii) in the case of the Term Loan if a Eurodollar Rate Loan, interest shall be payable at the expiration of each Interest Period commencing with the end of the first such Interest Period (and after maturity of such Loan (whether by acceleration or otherwise) upon demand) at an interest rate per annum equal to the Adjusted Eurodollar Rate for the Interest Period in effect for such Eurodollar Rate Loan. The Agent upon determining the Adjusted Eurodollar Rate for any Interest Period shall promptly notify the Borrower and the Lenders. Each determination by the Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. Subject to the provisions of Section 4.03, interest on Eurodollar Rate Loans shall be payable (a) for Eurodollar Rate Loans with an Interest Period exceeding three (3) months, every three (3) months in arrears during such Interest Period, (b) at the date of conversion of such Eurodollar Rate Loan (or a portion thereof) to a Prime Rate Loan and (c) at maturity of such Eurodollar Rate Loan at an interest rate per annum during the Interest Period in effect for such Eurodollar Rate Loan equal to the Adjusted Eurodollar Rate for such Interest Period for such Eurodollar Rate Loan plus the Applicable Margin calculated for the relevant period for which payment is required to be made. The Administrative Agent upon determining the Adjusted Eurodollar Rate for any Interest Period shall promptly notify the Company and the Banks by telephone (confirmed promptly in writing) or in writing thereof. Each determination by the Administrative Agent of an interest rate under this Section 4.02 shall be conclusive and binding for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. The Borrowers shall, jointly and severally, pay to the Agent for the benefit of the Lenders interest on each Eurodollar Rate Loan two Business Days after the last Business Day of each month, calculated monthly in arrears at an interest rate per annum equal during the Interest Period for such Eurodollar Loan to the Adjusted Eurodollar Rate for such Interest Period plus the Applicable Margin. Each determination by the Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. The Borrower shall pay interest on the unpaid principal amount of each Revolving Credit Loan or Term Loan that is a Eurodollar Rate Loan from the Borrowing Date of such Loan, or from the date such Eurodollar Rate Loan is converted from a Base Rate Loan, until the earlier of the date on which such Eurodollar Rate Loan is converted to a Base Rate Loan or the date such principal amount is due and payable, on each Interest Payment Date for such Loan at an interest rate per annum equal to the Adjusted Eurodollar Rate plus the Applicable Margin.
Interest on Eurodollar Rate Loans. Subject to the provisions of subsection (c) below, interest on each Eurodollar Rate Loan shall be payable (i) on the last day of each Interest Period with respect thereto; provided, however, that if such Interest Period is for a period in excess of three months, then such interest shall also be payable on the date three months after the first day of such Interest Period, (ii) on the date of conversion of such Eurodollar Rate Loan to a Base Rate Loan and (iii) at maturity of such Loan, at an interest rate per annum during the Interest Period for such Loan equal to the Eurodollar Rate for the Interest Period in effect for such Eurodollar Rate Loan. Each determination by the Agent of an interest rate hereunder shall be conclusive and binding on the Banks and the Company for all purposes, absent manifest error.
Interest on Eurodollar Rate Loans. Subject to the provisions of Section 5.4 hereof, interest on Eurodollar Rate Loans shall be payable (i) on the last day of each Interest Period with respect to such Eurodollar Rate Loan, except in the case of an Interest Period having a duration of six months, in which case interest shall be payable at the end of each three month portion of such
