Interest Rate on Loans. AESOP Leasing hereby promises to pay interest on the unpaid principal amount of each Loan made to it hereunder (the "Loan Interest"), for each Loan Interest Period commencing on the date such Loan is made to AESOP Leasing until such Loan is paid in full at a rate not less than the Lender's Carrying Cost Interest Rate for the applicable Loan Interest Period. The applicable rate of Loan Interest on each Loan shall be specified in a Loan Request Response provided by the Lender to AESOP Leasing on the date a Loan Request is delivered; provided that if the Lender's Carrying Cost Interest Rate for the applicable Loan Interest Period is higher than the rate of Loan Interest specified in the Loan Request Response, Loan Interest payable shall be determined using the higher rate.
Interest Rate on Loans. Except as otherwise set forth herein, each Class of Loan shall bear interest on the unpaid principal amount thereof from the date made through repayment (whether by acceleration or otherwise) thereof as follows:
Interest Rate on Loans. Subject to Section 2.6.3, the unpaid principal balances of the Loans shall bear interest from their respective Funding Dates through maturity (whether by acceleration or otherwise) (including post-petition interest in any proceeding under applicable bankruptcy laws) at a rate determined by reference to the Base Rate or LIBOR. The applicable basis for determining the rate of interest for Revolving Loans shall be selected by the Borrower at the time a Notice of Borrowing is given pursuant to Section 2.2.4 or at the time a Notice of Conversion/Continuation is given pursuant to Section 2.7.2. If on any day any Revolving Loan is outstanding with respect to which notice has not been delivered to the Administrative Agent in accordance with the terms of this Agreement specifying the basis for determining the rate of interest, then for that day such Revolving Loan shall bear interest determined by reference to the Base Rate. The Loans shall bear interest as follows:
Interest Rate on Loans. The outstanding principal amount of each Loan shall bear interest until maturity at the Base Rate. Interest accrued on each Loan shall be paid by the applicable Borrower on the last day of each month and upon the maturity of such Loan.
Interest Rate on Loans. Subject to Section 2.3.3, the unpaid principal balances of the Loans shall bear interest from their respective Funding Dates through maturity (whether by acceleration or otherwise) (including post-petition interest in any case or proceeding under applicable bankruptcy laws) at a rate determined by reference to the Base Rate or LIBOR. The applicable basis for determining the rate of interest for Revolving Loans and Term Loans shall be selected by the Borrower at the time a Notice of Borrowing is given pursuant to Section 2.2.5 or at the time a Notice of Conversion/Continuation is given pursuant to Section 2.4.2. If on any day any Revolving Loan or Term Loan is outstanding with respect to which notice has not been delivered to the Administrative Agent in accordance with the terms of this Agreement specifying the basis for determining the rate of interest, then for that day such Revolving Loan or Term Loan shall bear interest determined by reference to the Base Rate. The Loans shall bear interest as follows:
Interest Rate on Loans. Except as provided in clause (b) below, the Loans shall bear interest on the Daily Balance thereof at a per annum rate equal to the Applicable Rate.
Interest Rate on Loans. The principal amount outstanding, from time ---------------------- to time, of each of the Loans shall bear interest in accordance with the provisions of the Note.
Interest Rate on Loans. (a) The Company may borrow a Loan bearing interest at a floating base rate by notifying the Bank of the amount thereof prior to 1:00 p.m. (New York City time) on the same day on which such Loan is to be disbursed. Interest on any such Loan shall (i) be calculated on a year of 365 days, based on the actual number of days elapsed, (ii) accrue from day to day at that rate per annum which the Bank determines from time to time to be its base rate for domestic commercial loans or the equivalent thereof, changing when and as such base rate changes, and (iii) be due and payable on the Maturity Date.
Interest Rate on Loans. Leasco hereby promises to ---------------------- pay interest on the aggregate unpaid principal amount of each Loan, for the period commencing on the date such Loan is made to Leasco until such Loan is paid in full at a rate not less than Xxxxx'x Carrying Cost Interest Rate for the Related Month. The minimum rate of interest on each Loan shall be specified in a Loan Request Response in the form of Exhibit B-2 hereto provided by Xxxxx to Leasco on the date a Loan Request is delivered; provided, however, that if ----------------- Xxxxx'x Carrying Cost Interest Rate for the Related Month is higher than the rate of interest specified in the Loan Request Response, interest payable shall be determined using the higher rate; provided, further, that if Xxxxx'x Carrying ----------------- Cost Interest Rate for the period beginning on the first day after the Related Month up to the date that one or more Loans mature is higher than both of (i) Xxxxx'x Carrying Cost Interest Rate for the Related Month and (ii) the rate of interest specified in the Loan Request Response, interest payable shall be determined using such higher rate.
Interest Rate on Loans. The unpaid principal balances of the Loans shall bear interest from their respective Funding Dates through maturity (whether by acceleration or otherwise) (including post-petition interest in any case or proceeding under applicable bankruptcy laws) at a rate determined by reference to the Prime Rate or LIBOR. The applicable basis for determining the rate of interest for Loans shall be selected by the Borrower at the time a Notice of Borrowing is given pursuant to Section 2.3 or at the time a Notice of Conversion/Continuation is given pursuant to Section 2.5. If on any day any Loan is outstanding with respect to which notice has not been delivered to Lender in accordance with the terms of this Agreement specifying the basis for determining the rate of interest, then for that day such Loan shall bear interest determined by reference to the Prime Rate. The Loans shall bear interest as follows:
