Common use of Interest Rate and Interest Payments Clause in Contracts

Interest Rate and Interest Payments. Borrower shall pay interest on the unpaid principal amount of the Loan from the Closing Date until the Maturity Date, at a rate equal to fifteen percent (15%) per annum (the “Interest Rate”) calculated on the basis of a 365 day year. Subject to Section 2(e) and 2(g) below, interest on the outstanding principal amount of the Loan shall be due and payable to Agent, for the ratable benefit of Lenders, in advance on the last Business Day of each calendar month, commencing on the first of such dates following the date of the Amendment until the Maturity Date, at which time all accrued but unpaid interest shall be due and payable.

Interest Rate and Interest Payments. Borrower shall pay pay, interest on the unpaid principal amount of the Term Loan from the Closing Date until the Maturity Date, at a rate equal to fifteen ten percent (1510.0%) per annum (the “Interest Rate”) calculated on the a basis of a 365 360 day yearyear (the "Interest Rate"). Subject to Section 2(e) and 2(g) below, interest on the outstanding principal amount of the Term Loan shall be due and payable to AgentLender, for the ratable benefit of Lendersmonthly in arrears, in advance on the last Business Day of each calendar month, commencing on the first of such dates following following, the date of the Amendment Closing Date until the Maturity Date, at which time all accrued but unpaid interest shall be due and payable.

Interest Rate and Interest Payments. Borrower shall pay interest on the unpaid principal amount of the each Term Loan from the Closing Date date made until the Maturity Date, at a rate equal to fifteen percent (1515.0%) per annum (the “Interest Rate”) calculated on the basis of a 365 360 day yearyear (the "Interest Rate"). Subject to Section 2(eSECTION 2(E) and 2(gAND 2(G) below, interest on the outstanding principal amount of the each Term Loan shall be due and payable to Agent, for the ratable benefit of LendersLender, monthly in advance arrears, on the last Business Day of each calendar monthmonth commencing October 2004, commencing on the first of such dates following the date of the Amendment until the Maturity DateDate for each Term Loan, at which time all accrued but unpaid interest with respect to such Term Loan shall be due and payable.

Interest Rate and Interest Payments. Borrower shall pay interest on the unpaid principal amount of the Loan from the Closing Date until the Maturity Date, at a rate equal to fifteen eighteen percent (1518%) per annum (the “Interest Rate”) calculated on the basis of a 365 day year. Subject to Section 2(e) and 2(g) below, interest on the outstanding principal amount of the Loan shall be due and payable to Agent, for the ratable benefit of Lenders, in advance on the last Business Day of each calendar month, commencing on the first of such dates following the date of the Amendment until the Maturity Date, at which time all accrued but unpaid interest shall be due and payable.”