Interest Rates and Payments of Interest. (a) Each Base Rate Loan --------------------------------------- shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate, which rate shall change contemporaneously with any change in the Base Rate. Such interest shall be payable on the last day of each month commencing December 31, 1995, and when such Base Rate Loan is due (whether at maturity, by reason of acceleration or otherwise).
Interest Rates and Payments of Interest. (a) Each Revolving Credit Loan which is a Base Rate Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate plus the Applicable Margin, which rates shall change contemporaneously with any change in the Base Rate. Such interest shall be payable monthly in arrears on the first Business Day of each month.
Interest Rates and Payments of Interest. (a) Each Revolving Loan which is a LIBOR Loan shall bear interest on the outstanding principal amount thereof, for each Interest Period applicable thereto, at a rate per annum equal to the LIBOR Rate. Such interest shall be payable (i) in arrears on the last Business Day of the Interest Period with respect thereto and (ii) when such LIBOR Loan is due (whether at maturity, by reason of acceleration or otherwise). In addition, upon any prepayment which has the effect of reducing the outstanding principal amount of any LIBOR Loan to zero (0), all accrued and unpaid interest in respect of such LIBOR Loan shall be payable at the time of any such prepayment.
Interest Rates and Payments of Interest. (a) BASE RATE LOANS. Each Base Rate Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate plus one and one-half (1 1/2%) per annum, which rate shall change contemporaneously with any change in the Base Rate. Such interest shall be payable monthly in arrears on the first Business Day of each month, commencing October 1, 2004, and when such Loan is due (whether at maturity, by reason of acceleration or otherwise).
Interest Rates and Payments of Interest. Interest shall accrue and be paid as follows:
Interest Rates and Payments of Interest. (a) Each Loan, which is a Prime Rate Loan, shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Prime Rate plus the Applicable Margin, which rate shall change contemporaneously with any change in the Prime Rate or the Applicable Margin, as provided below. All interest accrued during each calendar month shall be paid on or before the tenth day of the following calendar month.
Interest Rates and Payments of Interest. Interest on the principal balance of the Loans shall accrue and be paid at the rates, at the times and in the manner stated in the Notes and as follows: (a)
Interest Rates and Payments of Interest. (a) Each Revolving Credit Loan and portion of the Term Loan which is a Prime Rate Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Prime Rate plus the Applicable Prime Rate Margin, which rate shall change contemporaneously with any change in the Prime Rate. Such interest shall be payable on the last day of any fiscal quarter in which a Prime Rate Loan is outstanding hereunder, and when such Loan is due (whether at maturity, by reason of acceleration or otherwise).
Interest Rates and Payments of Interest. (a) (i) Each Revolving Credit Loan or portion of Term Loan A which is a Base Rate Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Base Rate plus the Applicable Base Rate Margin, which rate shall change contemporaneously with any change in the Base Rate. Such interest shall be payable on the last Business Day of any fiscal quarter in which a Base Rate Loan is outstanding hereunder, and when such Loan is due (whether at maturity, by reason of acceleration or otherwise).
Interest Rates and Payments of Interest. (a) Each Prime Rate Loan which is a Revolving Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Prime Rate and each Prime Rate Loan which relates to the Term Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to the Prime Rate plus one-quarter of one percentage point (.25%). Such interest shall be payable on the fifteenth day of each month commencing November 15, 1994 and continuing on the same day of each succeeding month until such Loan is due (whether at maturity, by reason of acceleration, by reason of prepayment or otherwise).
