Common use of Interest Payments; Default Interest Clause in Contracts

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Advances of the Term Loans from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May 1, 2015 and on the first day of each February, May, August and November thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Prime-based Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Prime-based Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on July 1, 2015 2008 and on the first day of each February, May, August and November calendar quarter thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Prime-based Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Prime-based Rate on the date of such change in the Base Prime-based Rate.

Interest Payments; Default Interest. (ah) Interest on the unpaid principal of all Base Rate Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on February 1, 2015 and on the first day of each February, May, August August, November and November February thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Term Loan Advances of the Term Loans from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on January 1, 2015 2016, and on the first day of each FebruaryApril, MayJuly, August October, and November January thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Advances of the Term Loans from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on January 1, 2015 2011, and on the first day of each Februarysuccessive April, MayJuly, August October and November January thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Prime-based Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Prime-based Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on January 1, 2015 2009, and on the first day of each February, May, August and November calendar quarter thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Prime-based Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Prime-based Rate on the date of such change in the Base Prime-based Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on October 1, 2015 2012, and on the first day of each FebruaryOctober, MayJanuary, August April and November July thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (af) Interest on the unpaid principal of all Base Rate Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on January 1, 2015 2014 and on the first day of each FebruaryApril, MayJuly, August October and November January thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on July 1, 2015 2013 and on the first day of each FebruaryApril, MayJuly, August October and November January thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Prime-based Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Prime-based Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on January 1, 2015 2008, and on the first day Business Day of each FebruaryApril, MayJuly, August October and November January thereafter. Whenever any payment under this Section 4.6 2A.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Prime-based Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Prime-based Rate on the date of such change in the Base Prime-based Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on July 1, 2015 2011, and on the first day of each FebruaryOctober, MayJanuary, August April and November July thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal balance of all Base Rate Advances of the Term Loans Revolving Credit from time to time outstanding shall accrue until paid from the date of such Advance to the date repaid, at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May 1on each Quarterly Payment Date commencing December 31, 2015 and on the first day of each February, May, August and November thereafter2018. Whenever any payment under this Section 4.6 2.5(a) shall become due on a day that which is not a Business Day, the date for payment thereof shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation computation, effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Prime-based Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Prime-based Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on October 1, 2015 2008 and on the first day of each February, May, August and November calendar quarter thereafter. Whenever any payment under this Section 4.6 4.7 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Prime-based Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Prime-based Rate on the date of such change in the Base Prime-based Rate.

Interest Payments; Default Interest. (a) Interest on the unpaid principal of all Base Rate Advances of the Term Loans Loan from time to time outstanding shall accrue until paid at a per annum interest rate equal to the Base Rate, and shall be payable in immediately available funds quarterly in arrears commencing May on March 1, 2015 2019, and on the first day of each FebruaryJune, MaySeptember, August December and November March thereafter. Whenever any payment under this Section 4.6 shall become due on a day that is not a Business Day, the date for payment shall be extended to the next Business Day. Interest accruing at the Base Rate shall be computed on the basis of a 360 day year and assessed for the actual number of days elapsed, and in such computation effect shall be given to any change in the interest rate resulting from a change in the Base Rate on the date of such change in the Base Rate.