Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 23 contracts
Samples: Credit Agreement (Landauer Inc), Credit Agreement (Cpi Corp), Credit Agreement (Concur Technologies Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 10 contracts
Samples: Credit Agreement (Infrastructure & Energy Alternatives, Inc.), Credit Agreement (FreightCar America, Inc.), Credit Agreement (Kanbay International Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day Business Day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 3 contracts
Samples: Credit Agreement (Centene Corp), Credit Agreement (Fresh Brands Inc), Credit Agreement (Centene Corp)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturityon the Termination Date. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturitythe Termination Date, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 3 contracts
Samples: Credit Agreement, Credit Agreement (Continental Materials Corp), Credit Agreement (Continental Materials Corp)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last first day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three 3 months, on the threelast day of each 3-month anniversary of the first day interval of such Interest Period), upon a prepayment of such Loan, Loan in accordance with Section 2.10 and at maturitymaturity in cash. After maturity, maturity and at any time an Event of Default exists, all accrued interest on all Loans shall be payable in cash on demanddemand at the rates specified in Section 2.7.1.
Appears in 3 contracts
Samples: Credit Agreement (Compass Diversified Holdings), Credit Agreement (Rosetta Stone Inc), Credit Agreement (Compass Group Diversified Holdings LLC)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan, upon a prepayment of such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three (3) months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 3 contracts
Samples: Credit Agreement (Russ Berrie & Co Inc), Credit Agreement (Russ Berrie & Co Inc), Credit Agreement (Russ Berrie & Co Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last first day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the last day of each three-month anniversary of the first day interval of such Interest Period), upon a prepayment of such Loan, Loan in accordance with Section 2.10 and at maturity. After maturity, maturity and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 2 contracts
Samples: Second Lien Credit Agreement (AmWINS GROUP INC), Credit Agreement (AmWINS GROUP INC)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the last day of each three-month anniversary of the first day interval of such Interest Period), upon a prepayment of such Loan, Loan in accordance with Section 2.10 and at maturity. After maturity, maturity and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 2 contracts
Samples: Credit Agreement (American Coin Merchandising Inc), Credit Agreement (American Coin Merchandising Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, if at any time applicable, if ever, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be jointly and severally payable on demand.
Appears in 2 contracts
Samples: Credit Agreement (Aviv REIT, Inc.), Credit Agreement (Aviv REIT, Inc.)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the last day of each three-month anniversary of the first day interval of such Interest Period), upon a prepayment of such Loan, Loan in accordance with Section 2.10.3 and at maturity. After maturity, maturity and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Samples: Credit Agreement (Dwyer Group Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan ---------------------- shall be payable in arrears on the last day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last first day of each calendar quarter month, upon a prepayment of such Loan and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.. 14766353\V-9
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time that the interest rate(s) have been increased an Event additional 2% per annum pursuant to the last paragraph of Default existsSection 4.1, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an a six-month Interest Period in excess of three monthsPeriod, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last first day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Samples: Credit Agreement (Proquest Co)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a with respect to any LIBOR Loan with an Interest Period in excess of three (3) months, on the three-month anniversary of each day that is three (3) months after the first day of such Interest Period), but no less frequently than quarterly, upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Samples: Loan and Security Agreement (Kingsway Financial Services Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such LIBOR Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three (3) months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such LIBOR Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Revolving Loans shall be payable on demand.
Appears in 1 contract
Samples: Credit Agreement (Uti Worldwide Inc)
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last FIRST day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Revolving Loan, upon a prepayment of such Revolving Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three (3) months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Revolving Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last first day of each calendar quarter month and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default exists, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract
Interest Payment Dates. Accrued interest on each Base Rate Loan shall be payable in arrears on the last day of each calendar quarter and at maturity. Accrued interest on each LIBOR Loan shall be payable on the last day of each Interest Period relating to such Loan (and, in the case of a LIBOR Loan with an Interest Period in excess of three months, on the three-month anniversary of the first day of such Interest Period), upon a prepayment of such Loan, and at maturity. After maturity, and at any time an Event of Default existsexists and is continuing, accrued interest on all Loans shall be payable on demand.
Appears in 1 contract