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).
Appears in 6 contracts
Samples: Assignment and Assumption (Blue Owl Credit Income Corp.), Credit Agreement (AG Twin Brook Capital Income Fund), Credit Agreement (PennantPark Floating Rate Capital Ltd.)
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 for on the first day of the applicable Interest Accrual Period (after giving effect to payments of principal thereon on such date).
Appears in 2 contracts
Samples: Assignment and Assumption (Blue Owl Capital Corp), Class a Credit Agreement (Owl Rock Capital Corp)
Interest Rules and Calculations. (a) Interest on each Loan shall be payable in respect of each Loan, on each Payment Distribution Date and on any date of prepayment or repayment of such Loan, commencing on the first Payment Distribution 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 Distributions 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).
Appears in 1 contract
Samples: Class a 1l Credit Agreement (Bain Capital Specialty Finance, Inc.)
