Interest Rates and Interest Payment Dates. (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurodollar Rate determined for such day plus the Applicable Margin.
(b) Each Fed Rate Loan shall bear interest for each day at a rate per annum equal to the Fed Rate determined for such day plus the Applicable Margin.
(c) Interest shall be payable in arrears on each Interest Payment Date, provided that interest accruing pursuant to paragraph (d) of this Section shall be payable from time to time on demand.
(i) If all or a portion of the principal amount of any Loan shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), then such overdue principal amount shall bear interest at a rate per annum which is 2% above the rate which would otherwise be applicable pursuant to Section 2.3(a) or 2.3(b), as the case may be, and (ii) if all or a portion of any interest payable on any Loan or any commitment fee or other amount payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum which is 2% above the rate then applicable to Fed Rate Loans, in each case, with respect to clauses (i) and (ii) above, from the date of such non-payment until such amount is paid in full (as well after as before judgment).
Interest Rates and Interest Payment Dates. (a) Except as set forth in clause (b) below or in Section 2.9 or 2.11, each Loan shall bear interest on the unpaid principal amount thereof, for the period from (and including) the day such Loan is made to, but excluding, the day such Loan is paid at a rate per annum equal to the LIBO Rate determined for the Interest Period then in effect, plus the Applicable Margin. Accrued (and theretofore unpaid) interest on each Loan shall be payable (i) in arrears on each Interest Payment Date, (ii) on the date of any prepayment (on the amount prepaid) and (iii) at maturity (whether at stated maturity, by acceleration or otherwise) and, after such maturity, on demand.
(b) During the continuance of any Event of Default, (i) all principal of any Loan shall bear interest, payable on demand, for each day until paid at a rate per annum equal to the rate that is 2% in excess of the interest rate then applicable to the Loan, and at any time following the termination of the Interest Period then in effect such rate shall be equal to 2% plus the Base Rate plus 1.50% determined from time to time and (ii) to the extent permitted by Applicable Law, any overdue interest or other amounts owing hereunder shall bear interest, payable on demand, for each day until paid at a rate per annum equal to 2% plus the Base Rate plus 1.50% determined from time to time. Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand.
(c) All computations of interest for Loans determined by reference to the Base Rate shall be made on the basis of a year of 365 days or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed.
(d) Each determination by the Lender of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. The Lender shall, at the request of the Borrower, deliver to the Borrower a statement showing the quotations used by the Lender in determining the LIBO Rate or the Base Rate, as applicable.
Interest Rates and Interest Payment Dates. (a) From and after the Issuance Date, subject to Sections 2.4(b) and 2.10, as well before as after judgment, the outstanding principal amount of any loan made hereunder by the Obligee on the Issuance Date at all times shall bear interest at a rate per annum equal to twenty percent (20%).
(b) Section 2.4(a) notwithstanding, but subject to Section 2.10, from and after the occurrence and during the con- tinuance of an Event of Default and in any event at all times after a Negative Shareholder Vote, all amounts due hereunder and not paid when due shall bear interest at a per annum rate, as well before as after judgment, equal to twenty-three percent (23%) (the "Default Rate").
(c) Interest on the outstanding principal amount of any loan made hereunder by the Obligee on the Issuance Date shall be payable in arrears on each Interest Payment Date, pro- vided that from and after the occurrence and during the con- tinuance of an Event of Default interest accruing pursuant to paragraph (b) of this Section 2.4 also shall be payable on de- mand.
Interest Rates and Interest Payment Dates. Unless previously redeemed or repurchased and cancelled in accordance with these Conditions and subject to the further provisions of this Condition 4(a)(i), the Securities will bear interest on their principal amount as follows:
(i) from (and including) the Issue Date to (but excluding) the NC 9 Securities First Reset Date, at the rate of 3.375 per cent. per annum, payable annually in arrear on each Interest Payment Date; and
(ii) from (and including) the NC 9 Securities First Reset Date to (but excluding) the date fixed for redemption, at, in respect of each Reset Period, the relevant EUR 5 year Swap Rate plus:
(A) in respect of the Reset Period commencing on the NC 9 Securities First Reset Date to (but excluding) 13 October 2034, 3.641 per cent. per annum;
(B) in respect of each Reset Period which falls in the period commencing on 13 October 2034 and ending on (but excluding) the Reset Date falling on 13 October 2049, 3.891 per cent. per annum; and
(C) in respect of each subsequent Reset Period, 4.641 per cent. per annum; all as determined by the Calculation Agent for annual payment in arrear on each Interest Payment Date, commencing on the First Interest Payment Date.
Interest Rates and Interest Payment Dates. (a) Each Note will bear interest at the rate of ___% per annum (the "Coupon Rate") from the original date of issuance until the principal thereof becomes due and payable, and on any overdue principal and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the Coupon Rate, compounded quarterly, payable (subject to the provisions of Section 206) quarterly in arrears on ___________, ____________, ____________and _____________ of each year (each, an "Interest Payment Date"), commencing on _______________ ___, 20__, to the Person in whose name such Note or any predecessor Note is registered at the close of business on the Regular Record Date for such interest installment, which, with respect to (i) Notes of which the LLC or the Property Trustee is the Holder and the Company Preferred Securities or the Trust Preferred Securities are in book-entry only form or (ii) a Global Note, shall be the close of business on the Business Day next preceding that Interest Payment Date. Notwithstanding the foregoing sentence, if (x) the Notes are held by the LLC or the Property Trustee , the Company Preferred Securities are not held in book-entry form and the Trust Preferred Securities are no longer in book-entry only form or (y) the Notes are not represented by a Global Note, the Company may select a Regular Record Date for such interest installment which shall be fifteen (15) days before an Interest Payment Date.
(b) The amount of interest payable for any period will be computed on the basis of a 360-day year of twelve 30-day months. Except for the effect of any adjustment in the Interest Payment Date as provided in the following sentence, the amount of interest payable for any period shorter than a full quarterly period for which interest is computed, will be computed on the basis of the actual number of days elapsed in such a 90-day period. In the event that any date on which interest is payable on the Notes is not a Business Day, then payment of interest payable on such date will be made on the next succeeding day which is a Business Day (and without any interest or other payment in respect of any such delay), except that, if such Business Day is in the next succeeding calendar year, such payment shall be made on the immediately preceding Business Day, in each case with the same force and effect as if made on such date.
(c) If, at any time while the LLC or the Property Trustee is the Holder of any Note...
Interest Rates and Interest Payment Dates. (a) Each Eurocurrency Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per annum equal to the Eurocurrency Rate for such Interest Period plus the Applicable Margin.
(b) Each ABR Loan shall bear interest at a rate per annum equal to the ABR plus the Applicable Margin.
(c) Each Swing Line Loan shall bear interest at the Swing Line Rate applicable to such Swing Line Loan.
(d) If all or a portion of (i) the principal amount of any Swing Line Loan or Committed Rate Loan or (ii) any interest payable thereon shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum which is (x) in the case of overdue principal, the rate that would otherwise be applicable thereto pursuant to the foregoing provisions of this subsection plus 2% or (y) in the case of overdue interest, the rate described in paragraph (b) of this subsection plus 2%, in each case from the date of such non-payment until such amount is paid in full (as well after as before judgment).
(e) Interest on Swing Line Loans and Committed Rate Loans shall be payable in arrears on each Interest Payment Date; provided, that interest accruing pursuant to paragraph (d) of this subsection shall be payable from time to time on demand.
Interest Rates and Interest Payment Dates. (i) Each LIBO Rate Loan shall bear interest on the unpaid principal amount thereof, for the period from (and including) the day such Loan is made or converted into a LIBO Rate Loan to, but excluding, the day such Loan is paid at a rate per annum equal to the LIBO Rate determined for the Interest Period then in effect, plus the Applicable Margin and (ii) each Base Rate Loan shall bear interest on the unpaid principal amount thereof, for the period from (and including) the day such Loan is made or converted into a Base Rate Loan to, but excluding, the day such Loan is paid, at a rate per annum equal to the Base Rate plus the Applicable Margin.
(b) Accrued (and theretofore unpaid) interest on each Loan shall be payable (x) in arrears on each Interest Payment Date, (y) on the date of any prepayment (on the amount prepaid) of such Loan, and (z) at the maturity (whether at stated maturity, by acceleration or otherwise) of such Loan and, after such maturity, on demand.
Interest Rates and Interest Payment Dates. (a) Each Loan shall bear interest at a rate per annum equal to the Prime Rate plus 2.00%. Interest shall be payable in arrears on the date of payments of all or a portion of the Loans (but only on the principal amount so paid) and on the Maturity Date.
(b) Interest shall be calculated on the basis of year of 365 or 366 days, as the case may be, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which such interest is payable. Each determination by the Lender of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error.
Interest Rates and Interest Payment Dates. Subject to Condition 1(c) (Form, Denomination, Title and Transfer - Restrictions on Payment) and this Condition 3, the Notes bear interest from and including, August 24, 2022 (the “Issue Date”) at the applicable Interest Rate (as defined in Condition 3(c)) in accordance with this Condition 3. Subject to the Payment Restrictions and this Condition 3, interest shall be payable, quarterly in arrears and calculated on the basis of a year of 360 days comprised of 12 30-day months on and February 24, May 24, August 24 and November 24 in each year commencing on November 24, 2022 (each an “Interest Payment Date”). If any Interest Payment Date would otherwise fall on a date that is not a Business Day (as defined below), it shall be postponed to the next day which is a Business Day.
Interest Rates and Interest Payment Dates. (a) Each Note will bear interest at the rate of ___% per annum (the "COUPON RATE") from the original date of issuance until the principal thereof becomes due and payable, and on any overdue principal and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the Coupon Rate, compounded quarterly, payable (subject to the provisions of Section 206) quarterly in arrears on ___________, ____________, ____________and _____________ of each year (each, an "INTEREST PAYMENT DATE"), commencing on _______________ ___, 20__, to the Person in whose name such Note or any predecessor Note is registered at the close of business on the Regular Record Date for such interest installment, which, with respect to (i) Notes of which the LLC or
