Interest on Unpaid Costs and Expenses. If the Borrower fails to pay when due any amount in respect of costs or expenses incurred by the Agent or any other amount incurred by the Agent and required to be paid by it hereunder (other than principal or interest on any Advance), it shall pay interest on such unpaid amount from the time such amount is due until paid at the rate equal to the highest rate of interest then applicable under the Facilities.
Interest on Unpaid Costs and Expenses. Unless the payment of interest is otherwise specifically provided for herein, where a Borrower fails to pay any amount required to be paid by a Borrower hereunder when due, having received notice that such amount is due, such Borrower shall pay interest to the Administrative Agent on such unpaid amount, including overdue interest from the time such amount is due until paid at an annual rate equal to the sum of (i) 2%, plus (ii) the Prime Rate, in the case of overdue amounts payable in Canadian Dollars, or the Base Rate Canada, in the case of overdue amounts payable in United States Dollars. Such interest shall be determined daily, compounded quarterly in arrears on each Interest Payment Date in each year and payable on demand.
Interest on Unpaid Costs and Expenses. If the Borrower fails to pay when due any amount in respect of costs or expenses or any other amount required to be paid by it hereunder (other than principal or interest on any Advance), it shall pay interest on such unpaid amount from the time such amount is due until paid at the interest rate applicable to Canadian Prime Rate Loans under Facility A.
Interest on Unpaid Costs and Expenses. If the Borrowers fail to pay when due any expenses or other amounts paid by the Lender hereunder (other than principal or interest on any Advance), the Borrowers agree to pay interest on such unpaid amount from the time such amount is due until paid at the rate equal to the highest rate of interest then applicable under the Facilities.
Interest on Unpaid Costs and Expenses. Unless the payment of interest is otherwise specifically provided for herein, where a Borrower fails to pay any amount required to be paid by a Borrower hereunder when due, having received notice that such amount is due, such Borrower shall pay interest to the Administrative Agent on such unpaid amount, including overdue interest from the time such amount is due until paid at an annual rate equal to the sum of (i) 2%, plus (ii) the Base Rate Canada. Such interest shall be determined daily, compounded quarterly in arrears on each Interest Payment Date in each year and payable on demand.
Interest on Unpaid Costs and Expenses. Unless the payment of interest is otherwise specifically provided for herein, where the Borrower fails to pay to the Agent any amount required to be paid by it to the Agent hereunder (including unpaid interest), the Borrower shall pay interest on such unpaid amount from the time such amount is due until such amount is paid in full at a nominal rate per annum, equal to the Prime Rate in effect from time to time plus 2% with respect to amounts required to be paid by the Borrower in Canadian Dollars, and at a nominal rate per annum, equal to the Base Rate in effect from time to time plus 2% with respect to amounts required to be paid by the Borrower in U.S. Dollars, such interest to be computed on the basis of a year of 365 days or 366 days in the case of a leap year and to be calculated and (to the maximum extent permitted by Applicable Law) compounded monthly on each Interest Payment Date and to be payable on demand as well after as before default, maturity and judgment, with interest on any unpaid interest at the same rate.
Interest on Unpaid Costs and Expenses. Unless the payment of interest is otherwise specifically provided for herein, where the Borrower fails to pay any amount required to be paid by the Borrower hereunder when due, having received notice that such amount is due, the Borrower shall pay interest on such unpaid amount, including overdue interest from the time such amount is due until paid at an annual rate equal to the sum of (i) 1%, plus (ii) the Applicable Margin, plus (iii) the Prime Rate, in the case of amounts payable in Canadian Dollars, and the U.S. Base Rate, in the case of amounts payable in U.S. Dollars. Such interest shall be determined daily, compounded monthly in arrears on the last Banking Day of each calendar month in each year and payable on demand.
Interest on Unpaid Costs and Expenses. If the Borrower fails to pay when due any amount in respect of costs or expenses or any other amount required to be paid by it hereunder (other than principal or interest on any Advance), it shall pay interest on such unpaid amount from the time such amount is due until paid at the rate equal to the highest rate of interest then applicable under the Credit Facilities.
Interest on Unpaid Costs and Expenses. Unless the payment of interest is otherwise specifically provided for herein, where the Borrower fails to pay any amount required to be paid by the Borrower hereunder when due, having received notice that such amount is due, the Borrower shall pay interest on such unpaid amount, including overdue interest, from the time such amount is due until paid at an annual rate equal to the sum of (i) 3% plus the Prime Rate, in the case of overdue amounts payable in Canadian Dollars, or (ii) 3% plus the Base Rate, in the case of overdue amounts payable in United States Dollars. Such interest shall be determined daily, compounded monthly in arrears on the last Business Day of each calendar month in each year and payable on demand.
Interest on Unpaid Costs and Expenses. Unless the payment of interest is otherwise specifically provided for herein, where the Borrowers fail to pay any amount required to be paid by the Borrowers hereunder when due, having received notice that such amount is due, the Borrowers shall pay interest on such unpaid amount, including overdue interest from the time such amount is due until paid at an annual rate equal to the sum of: (i) one percent (1%); plus (ii) the greater of the Prime Rate and the applicable Interest Rate. Such interest shall be determined daily, compounded monthly in arrears on the last Business Day of each calendar month in each year and payable on demand.
