Interest Rules and Calculations Sample Clauses

Interest Rules and Calculations. (i) The unpaid principal amount of each Loan shall bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or otherwise) at a rate per annum which shall at all times be the Weighted Average Rate in effect from time to time plus the Applicable Margin.
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Interest Rules and Calculations. (a) Interest on each Loan shall be payable in respect of each Loan, on each Payment Date and on any date of prepayment or repayment of such Loan, commencing on the first Payment Date following the Loan Date in accordance with the terms of the Indenture (including the subordination provisions set forth in Section 13.1 thereof and the Priority of Payments set forth in Section 11.1(a) thereof). For each Loan, interest shall accrue during each Interest Accrual Period on the unpaid Aggregate Outstanding Amount of such Loan on the first day of the applicable Interest Accrual Period (after giving effect to payments of principal thereon on such date).
Interest Rules and Calculations. (a) [Reserved].
Interest Rules and Calculations. Unless otherwise directed in writing by the Loan Agent (at the written direction of the Class A Lender) to the contrary, the Issuer shall cause all payments of interest on the Class A Loan to be made to the Loan Agent for the account of the Class A Lender in accordance with Section 14.16(b).
Interest Rules and Calculations. (a) The Class A Lender hereby consents to the Issuer’s appointment of the Collateral Agent to serve as Calculation Agent under this Indenture and Credit Agreement. All computations of interest of the Class A Loan shall be made by the Calculation Agent in accordance with the provisions of this Indenture. All other calculations regarding the Class A Loan shall be made by the Loan Agent.
Interest Rules and Calculations. (i) Interest on the Loans shall be payable on each Payment Date and on any date of prepayment or repayment of such Loans, commencing on the first Payment Date following the Closing Date in accordance with the terms of the Indenture (including the Priority of Payments set forth therein). Interest shall accrue during each Interest Accrual Period on the unpaid Aggregate Outstanding Amount of each Loan at the Loan Interest Rate, subject to the provisions of Section 2.1(ii).
Interest Rules and Calculations. (a) Interest on each Loan shall be payable in respect of such Loan on each Payment Date and on any date of prepayment or repayment of such Loan, commencing on the first Payment Date following the Loan Date, all in accordance with the terms of the Indenture (including the subordination provisions set forth in Section 13.1 thereof and the Priority of Payments set forth in Section 11.1(a) thereof). For each Loan, interest shall accrue on each day during any Interest Accrual Period on the unpaid Aggregate Outstanding Amount of such Loan on such day (after giving effect to payments of principal thereon on such day).
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Interest Rules and Calculations. (a) The unpaid principal amount of each Loan shall bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or otherwise) at a rate per annum which shall at all times be LIBOR plus the Applicable Margin. (b) The Borrower shall, to the extent permitted by law, pay to the Secured Parties interest on all amounts not paid or deposited when due to any of the Secured Parties hereunder at 2.0% per annum above the Base Rate (other than with respect to any Loan, which shall accrue interest as set forth in clause (a) above), payable on demand, from the date of such nonpayment until such amount is paid in full (as well after as before judgment); provided that such interest rate shall not at any time exceed the maximum rate permitted by Applicable Law. (c) Interest shall accrue from and including the date of any Borrowing and shall be payable (i) on each Payment Date following the Collection Period in which such interest accrued, and (ii) at maturity (whether by acceleration or otherwise) and, after such maturity, on demand. (d) The Borrower may on any date in any Collection Period (such date, the "Designation Date"), by written notice to the Custodian (with a copy to the Administrative Agent delivered prior to the Designation Date), withdraw amounts to make payments in accordance with Section 6.2.5; provided that in connection with any dividends to the Common Stockholders (except pursuant to the last paragraph of Section 6.2.5), the Borrower has directed the Custodian to set aside an amount equal to the Required Interest Payment Amount and all amounts then due and payable to the Secured Parties for such Collection Period, and the Custodian shall have so set aside the Required Interest Payment Amount and such other amounts. It is understood and agreed that (i) the Required Interest Payment Amount may change from time to time, (ii) certain rate and other information provided by the Administrative Agent to the Custodian shall be based on the Administrative Agent's good faith estimate and (iii) interest actually accrued with respect to the Loans actually payable on a Payment Date may exceed or be less than the Required Interest Payment Amount. Failure to set aside any amount so accrued shall not relieve the Borrower of its obligation to pay such amounts on a Payment Date. (e) All computations of interest hereunder shall be made on the actual number of days elapsed over a year of 360 days (or, in the case of any Loan bearing interest at...

Related to Interest Rules and Calculations

  • Definitions Rules of Interpretation Capitalized terms used but not defined herein shall have the meanings set forth in Schedule 1.1, and the rules of interpretation set forth in Schedule 1.1 shall apply to this Facility Lease.

  • Additional Rules An Excess Amount or suspense account described in Part 2 of Article III does not share in the allocation of net income, gain or loss described in this Section 9.11. If the Employer maintains its Plan under a Code Section 401(k) Adoption Agreement, the Employer may specify in its Adoption Agreement alternate valuation provisions authorized by that Adoption Agreement. This Section 9.11 applies solely to the allocation of net income, gain or loss of the Trust. The Advisory Committee will allocate the Employer contributions and Participant forfeitures, if any, in accordance with Article III.

  • Selection Procedures In selecting the Loan Assets to be Pledged pursuant to this Agreement, no selection procedures were employed which are intended to be adverse to the interests of the Lenders.

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