Common use of Interest on Swing Loans Clause in Contracts

Interest on Swing Loans. Each Swing Loan shall be a Base Rate Loan and shall bear interest for the account of the Swing Loan Lender thereof until repaid in full at the rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Loans. The Borrower promises to pay interest on the Swing Loans in arrears on each Interest Payment Date with respect thereto. All such interest payable with respect to the Swing Loans shall be payable for the account of the Swing Loan Lender.

Interest on Swing Loans. Each Swing Loan shall be a Base Rate Loan and and, except as otherwise provided in Section 2.12, shall bear interest for the account of the Swing Loan Lender thereof until repaid in full at the rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Loans. The Borrower promises to pay interest on the Swing Loans in arrears on each Interest Payment Date with respect thereto. All such interest payable with respect to the Swing Loans shall be payable for the account of the Swing Loan Lender.

Interest on Swing Loans. Each Swing Loan shall be a Base Rate Loan and and, except as otherwise provided in Section 2.12, shall bear interest for the account of the Swing Loan Lender thereof until repaid in full at the rate per annum equal to the Base Rate plus the Applicable Margin for Base Rate Loans. The Borrower promises to pay interest on the Swing Loans in arrears on each Interest Payment Date with respect thereto. All such interest payable with respect to the Swing Loans shall be payable for the account of the Swing Loan Lender.

Interest on Swing Loans. Each Swing Loan shall be a an Alternative Currency Base Rate Loan or Base Rate Loan or if available, a Money Market Rate Loan, and except as otherwise provided in Section 2.12, shall bear interest for the account of the Swing Loan Lender thereof until repaid in full at the rate per annum equal to the applicable Base Rate plus the Applicable Margin for Base Rate LoansLoans or, if available and elected by the Borrower, the Money Market Rate. The Borrower promises to pay interest on the Swing Loans in arrears on each Interest Payment Date with respect thereto. All such interest payable with respect to the Swing Loans shall be payable for the account of the Swing Loan Lender.

Interest on Swing Loans. Each Swing Loan shall be a Base Rate Loan and and, except as otherwise provided in Section 2.12, shall bear interest for the account of the Swing Loan Lender thereof until repaid in full at the rate per annum equal to the Base Rate plus PLUS the Applicable Margin for Base Rate Loans. The Borrower promises to pay interest on the Swing Loans in arrears on each Interest Payment Date with respect thereto. All such interest payable with respect to the Swing Loans shall be payable for the account of the Swing Loan Lender.