Common use of Interest on the Advances Clause in Contracts

Interest on the Advances. Subject to Section 3.01(h) and Section 3.02, all outstanding Advances (other than Base Rate Advances) shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) on each day during the term of this Agreement at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Applicable Margin for Advances applicable to such Advance on each such date, as further set forth in the immediately succeeding three sentences; provided that, following the occurrence and during the continuation of an Event of Default, at the request of the Administrative Agent or the Required Lenders, all outstanding Advances, any accrued and unpaid BUSINESS.31379882.7 - 106 - Administrative Agent Fee and any accrued and unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which such Advance BUSINESS.31379882.7 is repaid or such Event of Default is no longer continuing) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Facility Margin; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate outstanding principal amount of the Advances under any Tranche at any time is less than the Minimum Funding Amount for such Tranche, the amount of outstanding Advances under such Tranche at such time shall be deemed to equal the Minimum Funding Amount for such Tranche and (y) the interest rate in respect of such deficit shall be deemed to be the Applicable Margin. The Applicable Margin applicable to any Advance shall initially be determined on the date of such Advance and such Applicable Margin shall be applicable until the next succeeding Calculation Period Start Date. The Applicable Margin applicable to all Advances that are outstanding on a Calculation Period Start Date shall be determined on such Calculation Period Start Date for each day during the related Calculation Period. For purposes of the foregoing, Daily Simple XXXXX shall be the weighted average of such Reference Rate as determined on each day from and including the Interest Payment Date for the immediately preceding Calculation Period (or, in the case of the Interest Payment Date for the first Calculation Period, the date of this Agreement) to but excluding such Interest Payment Date.

Interest on the Advances. Subject to Section 3.01(h) and Section 3.02, all outstanding Advances (other than Base Rate Advances) shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) on each day during the term of this Agreement at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Facility Applicable Margin for Advances applicable to such Advance on each such date, as further set forth in the immediately succeeding three sentences; provided that, following the occurrence and during the continuation of an Event of Default, at the request of the Administrative Agent or the Required Lenders, all outstanding Advances, any accrued and unpaid BUSINESS.31379882.7 - 106 - Administrative Agent Fee Advances and any accrued and unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which such Advance BUSINESS.31379882.7 is repaid or such Event of Default is no longer continuing) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Facility Margin; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate outstanding principal amount of the Advances under any Tranche at any time is less than the Minimum Funding Amount for such Tranche, the amount of outstanding Advances under such Tranche at such time shall be deemed to equal the Minimum Funding Amount for such Tranche and (y) the interest rate in respect of such deficit shall be deemed to be the Facility Applicable Margin. The Facility Applicable Margin applicable to any Advance shall initially be determined on the date of such Advance and such Facility Applicable Margin shall be applicable until the next succeeding Calculation Period Start Date. The Facility Applicable Margin applicable to all Advances that are outstanding on a Calculation Period Start Date shall be determined on such Calculation Period Start Date for each day during the related Calculation Period. For purposes of the foregoing, Daily Simple XXXXX shall be the weighted average of such Reference Rate as determined on each day from and including the Interest Payment Date for the immediately preceding Calculation Period (or, in the case of the Interest Payment Date for the first Calculation Period, the date of this Agreement) to but excluding such Interest Payment Date.

Interest on the Advances. Subject to Section 3.01(h) and Section 3.02, all outstanding Advances (other than Base Rate Advances) shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) on each day during the term of this Agreement at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Applicable Margin for Advances applicable to such Advance on each such date, as further set forth in on the immediately succeeding three sentencesTransaction Schedule; provided that, following the occurrence and during the continuation continuance of an Event of Default, at the request of the Administrative Agent or the Required Lenders, all outstanding Advances, any accrued and unpaid BUSINESS.31379882.7 - 106 - Administrative Agent Fee Advances and any accrued and unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which each such Advance BUSINESS.31379882.7 is repaid or such Event of Default is no longer continuingrepaid) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Facility MarginApplicable Margin ; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate outstanding principal amount of the outstanding Advances under any Tranche at any time is less than the Minimum Funding Amount for such TrancheAmount, the amount of outstanding Advances under such Tranche at such time shall be deemed to equal the Minimum Funding Amount for such Tranche and (y) if the aggregate amount of outstanding Advances is less than the Minimum Funding Amount due to the prepayment of outstanding Advances pursuant to Section 4.03(c)(i)(C) following the last day of the Non-Call Period, the interest rate in respect of the amount of such deficit shortfall shall be deemed to be the Applicable Margin. The Applicable Margin applicable to any Advance shall initially be determined for Advances set forth on the date of such Transaction Schedule. Notwithstanding anything else herein, interest due and payable pursuant to Section 4.05(b) with respect to an Advance and such Applicable Margin for which the One Month XXXXX Adjustment has been selected shall be applicable until payable on the next succeeding Calculation Period Start Date. The Applicable Margin applicable to all Advances that are outstanding on a fifteenth (15th) calendar day of each month during which an Interest Payment Date does not occur and the related Calculation Period Start Date and Calculation Period shall each be monthly. (c) Evidence of the Advances. Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Company to such Lender resulting from each Advance made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to time hereunder and the applicable Currency thereof. The Administrative Agent, acting solely for this purpose as an agent of the Company, shall maintain at one of its offices a register (the "Register") in which it shall record (1) the amount of each Advance made hereunder, (2) the amount of any principal or interest due and payable or to become due and payable from the Company to each Lender hereunder and (3) the amount of any sum received by the Administrative Agent hereunder for the account of the Lenders and each Lender's share thereof. The entries made in the Register maintained pursuant to this paragraph (c) shall be determined on conclusive absent manifest error; provided that the failure of any Lender or the Administrative Agent to maintain such Calculation Period Start Date for each day during the related Calculation Period. For purposes of the foregoing, Daily Simple XXXXX shall be the weighted average of such Reference Rate as determined on each day from and including the Interest Payment Date for the immediately preceding Calculation Period (or, in the case of the Interest Payment Date for the first Calculation Period, the date of this Agreement) to but excluding such Interest Payment Date.Register or any error therein shall

Interest on the Advances. Subject to Section 3.01(h) and Section 3.02, all outstanding Advances (other than Base Rate Advances) shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) on each day during the term of this Agreement at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Applicable Margin for Advances applicable to such Advance on each such date, as further set forth in the immediately succeeding three sentences; provided that, following the occurrence and during the continuation of an Event of Default, at the request of the Administrative Agent or the Required Lenders, all outstanding Advances, any accrued and unpaid BUSINESS.31379882.7 - 106 - Administrative Agent Fee and any accrued and unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which such Advance BUSINESS.31379882.7 is repaid or such Event of Default is no longer continuing) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Facility Margin; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate outstanding principal amount of the Advances under any Tranche at any time is less than the Minimum Funding Amount for such Tranche, the amount of outstanding Advances under such Tranche at such time shall be deemed to equal the Minimum Funding Amount for such Tranche and (y) the interest rate in respect of such deficit shall be deemed to be the Applicable Margin. The Applicable Margin applicable to any Advance shall initially be determined on the date of such Advance and such Applicable Margin shall be applicable until the next succeeding Calculation Period Start Date. The Applicable Margin applicable to all Advances that are outstanding on a Calculation Period Start Date shall be determined on such Calculation Period Start Date for each day during the related Calculation Period. For purposes of the foregoing, Daily Simple XXXXX shall be the weighted average of such Reference Rate as determined on each day from and including the Interest Payment Date for the immediately preceding Calculation Period (or, in the case of the Interest Payment Date for the first Calculation Period, the date of this Agreement) to but excluding such Interest Payment Date.

Interest on the Advances. Subject to Section 3.01(h) and Section 3.02, all outstanding Advances (other than Base Rate Advances) shall bear interest (from and including the date on which such Advance is made to and including the date on which such Advance is repaid) on each day during the term of this Agreement at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Facility Applicable Margin for Advances applicable to such Advance on each such date, as further set forth in the immediately succeeding three sentences; provided that, following the occurrence and during the continuation of an Event of Default, at the request of the Administrative Agent or the Required Lenders, all outstanding Advances, any accrued and unpaid BUSINESS.31379882.7 - 106 - Administrative Agent Fee Advances and any accrued and unpaid interest thereon shall bear interest (from and including the date of such Event of Default to and including the applicable date on which such Advance BUSINESS.31379882.7 is repaid or such Event of Default is no longer continuing) at a per annum rate equal to the applicable Reference Rate for each Calculation Period in effect plus the Adjusted Facility Margin; provided further that, for purposes of this Section 3.01(b), (x) if the aggregate outstanding principal amount of the Advances under any Tranche at any time is less than the Minimum Funding Amount for such TrancheAmount, the - 42 - amount of outstanding Advances under such Tranche at such time shall be deemed to equal the Minimum Funding Amount for such Tranche and (y) the interest rate in respect of such deficit shall be deemed to be the Facility Applicable Margin. The Facility Applicable Margin applicable to any Advance shall initially be determined on the date of such Advance and such Facility Applicable Margin shall be applicable until the next succeeding Calculation Period Start Date. The Facility Applicable Margin applicable to all Advances that are outstanding on a Calculation Period Start Date shall be determined on such Calculation Period Start Date for each day during the related Calculation Period. For purposes of the foregoing, Daily Simple XXXXX shall be the weighted average of such Reference Rate as determined on each day from and including the Interest Payment Date for the immediately preceding Calculation Period (or, in the case of the Interest Payment Date for the first Calculation Period, the date of this Agreement) to but excluding such Interest Payment Date.