Common use of Interest on the Revolving Facility Clause in Contracts

Interest on the Revolving Facility. (a) Except as otherwise provided in this Agreement, the Revolving Facility Balance will bear interest for each Interest Period until the principal amount thereof has been paid in full, at a rate per annum equal to the applicable Revolving Facility Interest Rate for such Interest Period. (b) Except as otherwise provided in this Agreement, all accrued and unpaid interest, in an amount equal to the related Revolving Facility Interest Distributable Amount, for each Interest Period will be payable in arrears on the related Payment Date during the term of this Agreement. Interest on the Revolving Facility will be computed in the manner set forth in Exhibit B. All accrued and unpaid interest with respect to the Revolving Facility will be due and payable on the Facility Termination Date. The Advance Rate, and the terms set forth on Exhibit B that are used to determine the Revolving Facility Interest Rate, each may be modified from time to time by agreement between the Borrower and the Lender.

Interest on the Revolving Facility. (a) Except as otherwise provided in this Agreement, the Revolving Facility Balance will bear interest interest, for each Interest Collection Period until the principal amount thereof has been paid in full, at a rate per annum equal to the applicable Revolving Facility Interest Rate for such Interest Collection Period. (b) Except as otherwise provided in this Agreement, all accrued and unpaid interest, in an amount equal to the related Revolving Facility Interest Distributable Amount, interest for each Interest Collection Period will be payable in arrears on the related Payment Date during the term of this Agreement. Interest on the Revolving Facility will be computed in the manner set forth in Exhibit B. C. All accrued and unpaid interest with respect to the Revolving Facility will be due and payable on the Facility Termination Date. The Advance Rate, and the terms set forth on Exhibit B C that are used to determine the Revolving Facility Interest Rate, each may be modified from time to time by agreement between of the Borrower Borrowers and the Lender.