Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.10, at a rate per annum equal to the Base Rate for such day. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate. (b) Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Rate. (c) Each Sterling Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Sterling Swing Rate for such Sterling Swing Loan plus (y) the Applicable Margin in effect from time to time. (d) Each Yen Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan plus (y) the Applicable Margin in effect from time to time. (e) Each Euro Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Euro Swing Rate for such Euro Swing Loan plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Rate Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to the Base Rate for such day. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds Base Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Same Day Dollar Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Same Day Dollar Advance is made or is converted from a Eurocurrency Rate Advance into a Same Day Dollar Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to (x) the Same Day Rate for such day plus (y) the Applicable Margin in effect from time to time.
(c) Each Eurocurrency Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at a rate per annum equal to (x) the Eurocurrency Rate plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Eurocurrency Rate Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of hereof.
(d) Each Tranche B Same Day Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Rate.
(c) Each Sterling Swing Loan Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Tranche B Same Day Multi-Currency Advance is made to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to the sum of (x) the Sterling Swing Tranche B Same Day Multi-Currency Rate for such Sterling Swing Loan plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Euro Swing Same Day Rate for such Euro Swing Loan day plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.10, at a rate per annum equal to the Base Rate for such day. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds Base Rate for such day plus (y) the Applicable Margin in effect from time to timeday. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Rate.
(c) Each Sterling Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Sterling Swing Rate for such Sterling Swing Loan plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Euro Swing Rate for such Euro Swing Loan plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.10, at a rate per annum equal to (x) the Base Rate for such dayday plus (y) the Applicable Margin in effect from time to time. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds U.S. Swing Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at a rate per annum equal to (x) the Eurocurrency Rate plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Ratehereof.
(c) Each Sterling Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Sterling Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Sterling Swing Rate for such Sterling Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Yen Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Euro Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Euro Swing Rate for such Euro Swing Loan day plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Rate Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to the Base Rate for such day. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds Base Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Same Day Dollar Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Same Day Dollar Advance is made or is converted from a Eurocurrency Rate Advance into a Same Day Dollar Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to (x) the Same Day Rate for such day plus (y) the Applicable Margin in effect from time to time.
(c) Each Eurocurrency Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at a rate per annum equal to (x) the Eurocurrency Rate plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Eurocurrency Rate Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of hereof.
(d) Each Tranche B Same Day Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Rate.
(c) Each Sterling Swing Loan Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Tranche B Same Day Multi-Currency Advance is made to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to the sum of (x) the Sterling Swing Same Day Rate for such Sterling Swing Loan plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Euro Swing Same Day Rate for such Euro Swing Loan day plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.10, at a rate per annum equal to (x) the Base Rate for such dayday plus (y) the Applicable Margin in effect from time to time. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds U.S. Swing Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at a rate per annum equal to (x) the Eurocurrency Rate plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Ratehereof.
(c) Each Sterling Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Sterling Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Sterling Swing Rate for such Sterling Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Euro Swing Rate for such Euro Swing Loan plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Term Rate Advance into a Base Rate Advance pursuant to Section 2.10 2.9 to but not including the date it becomes due or is converted into a Eurocurrency Term Rate Advance pursuant to Section 2.10, at a rate per annum equal to the Base Rate for such day. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid2.9, at a rate per annum equal to (x) the Federal Funds Base Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Eurocurrency Same Day Dollar Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Same Day Dollar Advance is made or is converted from a Term Rate Advance into a Same Day Dollar Advance pursuant to Section 2.9 to but not including the date it becomes due or is converted into a Term Rate Advance pursuant to Section 2.9, at a rate per annum equal to (x) the applicable Same Day Rate for such day plus (y) the Applicable Margin in effect from time to time.
(c) Each Term Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at the Eurocurrency Rate determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Rate.
(c) Each Sterling Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Sterling Swing Term Rate for such Sterling Swing Loan plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Term Rate Advance based upon the applicable Borrower’s selections under Sections 2.7 and 2.9 and otherwise in accordance with the terms hereof.
(d) Each Yen Swing Loan Tranche B Same Day Multi-Currency Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Tranche B Same Day Multi- Currency Advance is made to but not including the date it becomes due or is converted into a Term Rate Advance pursuant to Section 2.9, at a rate per annum equal to the sum of (x) the Yen Swing applicable Same Day Rate for such Yen Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan Alternative Currency Daily Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Alternative Currency Daily Rate Advance is made to but not including the date it becomes due at a rate per annum equal to the sum of (x) the Euro Swing Alternative Currency Daily Rate for such Euro Swing Loan day plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Rate Advance into a Base Rate Advance pursuant to Section 2.10 2.9 to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.10, at a rate per annum equal to the Base Rate for such day. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid2.9, at a rate per annum equal to (x) the Federal Funds Base Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(a) Each Same Day Dollar Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Same Day Dollar Advance is made or is converted from a Eurocurrency Rate Advance into a Same Day Dollar Advance pursuant to Section 2.9 to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.9, at a rate per annum equal to (x) the Same Day Rate for such day plus (y) the Applicable Margin in effect from time to time.
(b) Each Eurocurrency Rate Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at a rate per annum equal to (x) the Eurocurrency Rate plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Eurocurrency Rate Advance based upon the applicable Borrower’s selections under Sections 2.8 2.7 and 2.10 2.9 and otherwise in accordance with the terms hereof plus, in the case of Multi-Currency Revolving Loans denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Ratehereof.
(c) Each Sterling Swing Loan Tranche B Same Day Multi-Currency Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Tranche B Same Day Multi-Currency Advance is made to but not including the date it becomes due or is converted into a Eurocurrency Rate Advance pursuant to Section 2.9, at a rate per annum equal to the sum of (x) the Sterling Swing Same Day Rate for such Sterling Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Yen Swing Same Day Rate for such Yen Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest at a rate per annum equal to the sum of (x) the Euro Swing Rate for such Euro Swing Loan plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
Interest Rates, etc. (a) Each Base Rate Advance shall bear interest on the outstanding principal amount thereof, for each day from and including the date such Base Rate Advance is made or is converted from a Eurocurrency Advance into a Base Rate Advance pursuant to Section 2.10 to but not including the date it becomes due or is converted into a Eurocurrency Advance pursuant to Section 2.10, at a rate per annum equal to (x) the Base Rate for such dayday plus (y) the Applicable Margin in effect from time to time. Each U.S. Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such U.S. Swing Loan is made to but not including the date it is paid, at a rate per annum equal to (x) the Federal Funds U.S. Swing Rate for such day plus (y) the Applicable Margin in effect from time to time. Changes in the rate of interest on that portion of any Revolving Advance maintained as a Base Rate Advance will take effect simultaneously with each change in the Base Rate.
(b) Each Eurocurrency Advance shall bear interest on the outstanding principal amount thereof from and including the first day of the Interest Period applicable thereto to but not including the last day of such Interest Period at a rate per annum equal to (x) the Eurocurrency Rate plus (y) the Applicable Margin in effect from time to time, determined by the Administrative Agent as applicable to such Eurocurrency Advance based upon the applicable Borrower’s selections under Sections 2.8 and 2.10 and otherwise in accordance with the terms hereof plus, in the case of a Multi-Currency Revolving Loans Loan denominated in Pounds Sterling or Euros, the applicable Mandatory Cost Rate.
(c) Each Sterling Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Sterling Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Sterling Swing Rate for such Sterling Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(d) Each Yen Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Yen Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Yen Swing Rate for such Yen Swing Loan day plus (y) the Applicable Margin in effect from time to time.
(e) Each Euro Swing Loan shall bear interest on the outstanding principal amount thereof, for each day from and including the day such Euro Swing Loan is made to but not including the date it is paid at a rate per annum equal to the sum of (x) the Euro Swing Rate for such Euro Swing Loan day plus (y) the Applicable Margin in effect from time to time.
Appears in 1 contract
