Common use of Interest on Eurodollar Rate Loans Clause in Contracts

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 The Borrowers shall, jointly and severally, pay to the provisions Agent for the benefit of Section 4.01 hereofthe Lenders interest on Eurodollar Rate Loans on the last day of each Interest Period with respect to such Eurodollar Rate Loan and, (i) in the case of each Revolving an Interest Period longer than three months, on the date occurring every three months from the first day of such Interest Period, at the date of conversion of such Eurodollar Rate Loan (or a portion thereof that is thereof) to a Prime Rate Loan, and at maturity of such Eurodollar Rate Loan, in each case at a per annum interest shall be payable on rate equal during the day after the expiration of each Interest Period commencing with the end of the first for such Interest Period (and after maturity of such Eurodollar 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 Loan plus 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 Applicable Margin. After maturity of such Eurodollar Rate Loan (whether by acceleration or otherwise) ), interest shall be payable 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 Agent, upon determining the Adjusted Eurodollar Rate for any Interest Period Period, shall promptly notify the Borrower Borrowers and the LendersLenders 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 error.

Interest on Eurodollar Rate Loans. Subject The Borrowers shall jointly and severally pay to the provisions Agent for the benefit of Section 4.01 hereofthe Lenders interest on Eurodollar Rate Loans on the last day of each Interest Period with respect to such Eurodollar Rate Loan and, (i) in the case of each Revolving an Interest Period longer than three months, on the date occurring every three months from the first day of such Interest Period, at the date of conversion of such Eurodollar Rate Loan (or a portion thereof that is thereof) to a Prime Rate Loan, and at maturity of such Eurodollar Rate Loan, in each case at a per annum interest shall be payable on rate equal during the day after the expiration of each Interest Period commencing with the end of the first for such Interest Period (and after maturity of such Eurodollar 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 Loan plus 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 Applicable Margin. After maturity of such Eurodollar Rate Loan (whether by acceleration or otherwise) ), interest shall be payable 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 Agent, upon determining the Adjusted Eurodollar Rate for any Interest Period Period, shall promptly notify the Borrower Borrowers and the LendersLenders 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 error.