Interest on Term Loans. Subject to Sections 2.4(d), (e) and (f) below, interest on the unpaid principal balance of the Term Loans of each Lender will accrue at a rate per annum equal to the Conversion Rate, changing when and as the Conversion Spread changes.
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Samples: Bridge Loan Agreement (Key Energy Group Inc), Bridge Loan Agreement (Windmere Durable Holdings Inc)
Interest on Term Loans. Subject to Sections 2.4(d2.3(d), (e) and (f) below, interest on the unpaid principal balance of the Term Loans of each Lender will accrue at a rate per annum equal to the Conversion Rate, changing when and as the Conversion Spread changes.
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